4905 Alhama, Woodland Hills, California 91364, Woodland Hills, 91364 - 3 bed, 2 bath

4905 Alhama
Woodland Hills, California 91364
Property Price
SUMMARY
Analysis of 4905 Alhama, Woodland Hills, California 91364 reveals a Prime Investment Opportunity with a current list price of $1,377,000—significantly undercutting the $1,451,208 Fair Market Value by 5%. This valuation gap indicates a +$74,208 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Woodland Hills Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4905 Alhama Subject | $1,377,000* List Price | 3 | 2 | 2,076 | $699 | - |
A 22122 Avenue Morelos Sold | $1,424,000 | 3 | 2 | 1,719 | $828 | 0.9 mi |
B 20955 De Mina Street Sold | $1,100,000 | 4 | 3 | 1,766 | $623 | 0.3 mi |
C 4698 Morro Drive Sold | $1,148,000 | 3 | 3 | 2,088 | $550 | 0.3 mi |
D 22051 Mulholland Way Sold | $1,095,000 | 4 | 3 | 2,195 | $499 | 0.9 mi |
E 21907 De La Osa Street Sold | $1,185,000 | 3 | 2 | 1,535 | $772 | 0.7 mi |
F 5223 Alhama Drive Sold | $1,180,000 | 4 | 3 | 1,490 | $792 | 0.4 mi |
G 21231 San Miguel Street Active | $1,550,000 List Price | 3 | 3 | 1,995 | $777 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1949 Spanish-style home is move-in ready and has been thoughtfully maintained. It features upgraded stainless steel kitchen appliances, well-preserved hardwood flooring, and a functional layout. While it retains its vintage architectural charm, the property shows minimal wear and tear with updated components that meet modern comfort standards without requiring immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated south of Ventura Boulevard, this property occupies a highly coveted address offering proximity to upscale shopping at The Village, Westfield Topanga, and convenient access to the 101 Freeway and local beaches.
- Architectural Character
The Santa Barbara-inspired design features timeless Spanish elements including arched wrought-iron gates, a red tile roof, and a private courtyard, providing exceptional curb appeal and unique historical charm.
- Outdoor Living Space
The backyard is a true California retreat, featuring a sparkling pool and multiple patio areas on a spacious corner lot, perfectly designed for indoor-outdoor entertaining and relaxation.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Originally built in 1949, the home may require more frequent maintenance or future updates to its older systems and structural components compared to modern construction.
- Inconsistent School Ratings
While the area is near some high-performing institutions, several of the closest assigned public schools have lower ratings, which may be a concern for families prioritizing top-tier public education.
About 4905 Alhama
Woodland Hills Spanish-Style Retreat, South of Ventura Boulevard! Welcome to this charming Santa Barbara-inspired residence ideally situated on a desirable corner lot south of Ventura Boulevard. Built in 1949 and thoughtfully maintained, this single-story home offers approximately 2,076 square feet of living space, comfortably situated on a 8006 square foot lot, featuring three bedrooms and two bathrooms, blending timeless architectural character with everyday comfort. Arched wrought-iron gates welcome you into the private outdoors, evoking classic Spanish hacienda design and setting a warm, romantic tone. Classic white stucco, a red tile roof, and graceful arched details which create inviting curb appeal, while mature trees provide shade, privacy, and a sense of established charm. Inside, the home showcases warm hardwood flooring, abundant natural light, and a functional layout designed for both relaxed living and entertaining. The kitchen offers generous cabinetry, upgraded stainless appliances, and ample workspace, flowing seamlessly into the home’s living areas. Each bedroom is well-proportioned. The backyard captures the essence of California indoor-outdoor living with a sparkling pool, patio areas, and a private courtyard atmosphere perfect for entertaining, lounging, or enjoying warm Woodland Hills evenings. Located moments from dining destinations, café’s, shopping in The Village & Westfield Topanga Mall, Calabasas Commons, 101 Freeway, Parks, Upscale neighborhood nightlife and commuter routes, minutes from Historical Topanga Canyon and our beautiful coastline & beaches. This south-of-the-Boulevard property presents a rare opportunity to own a character-rich home in one of Woodland Hills’ most sought-after neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 8,007 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Woodland Hills Unified Schools
Chaparral Elementary School
Grades K-5 • 1.8 mi
Hart Street Elementary School
Grades K-5 • 2.7 mi
Bay Laurel Elementary School
Grades K-5 • 3.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 3.0 | 33% |
| Square foot | 2,076 | 2,288 | 39% |
| Lot Size | 8,007 | 9,944 | 37% |
| Price | $1.38M | $1.35M | 52% |
| Price per sq ft | $663 | $628 | 63% |
| Built year | 1949 | 1962 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 183 | 1% |
Pricing History
Price Change
Feb 28, 2026
$1,375,000
Initial Listing
Listed for Sale
Feb 28, 2026
$1,377,000
Initial Listing
































