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

4905 Alhama, Woodland Hills, California 91364 home-pic-0

4905 Alhama

Woodland Hills, California 91364

ACTIVE
CONDITION: GOOD
3Beds
2Baths
2,076Sq Ft
8,007Lot Size

Property Price

LIST PRICE$1,377,000
EST. MARKET VALUE
$1,451,208
5% BelowMARKET VALUE

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

$1,451,208 +$74,208 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Woodland Hills.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
4905 Alhama
Subject
$1,377,000*
List Price
322,076$699-
A
22122 Avenue Morelos
Sold
$1,424,000321,719$8280.9 mi
B
20955 De Mina Street
Sold
$1,100,000431,766$6230.3 mi
C
4698 Morro Drive
Sold
$1,148,000332,088$5500.3 mi
D
22051 Mulholland Way
Sold
$1,095,000432,195$4990.9 mi
E
21907 De La Osa Street
Sold
$1,185,000321,535$7720.7 mi
F
5223 Alhama Drive
Sold
$1,180,000431,490$7920.4 mi
G
21231 San Miguel Street
Active
$1,550,000
List Price
331,995$7770.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

8/10

Hart Street Elementary School

Grades K-5 • 2.7 mi

3/10

Bay Laurel Elementary School

Grades K-5 • 3.6 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
45%
Baths2.03.0
33%
Square foot2,0762,288
39%
Lot Size8,0079,944
37%
Price$1.38M$1.35M
52%
Price per sq ft$663$628
63%
Built year19491962
9%
HOA$0$0
50%
Days on market6183
1%

Pricing History

Price Change

Feb 28, 2026

$1,375,000

Initial Listing

Listed for Sale

Feb 28, 2026

$1,377,000

Initial Listing

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