
Woodland Hills, California 91364
Analysis of 4924 Alatar, Woodland Hills, California 91364 is currently available with a list price of $1,350,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1925 (99 years old) with no mention of modern renovations to kitchens, baths, or systems. The property is explicitly marketed as a 'rare opportunity for investors [and] builders' to 'build your dream home' on an expansive lot, indicating the primary value is in the land rather than the small, vintage 804 sqft structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11850, living area = 804.
The property spans approximately 12,000 square feet and includes two additional separate lots, offering a rare opportunity for builders or investors to create a significant luxury estate.
Situated in the coveted Girard Tract, the property boasts breathtaking, unobstructed views of the Valley, providing a premium aesthetic that significantly enhances its market value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11850, other record lot size in square feet = 12011.
With a list price of $1.35M for only 804 square feet of living space, the value is heavily weighted in the land, making it a costly entry point for those not looking to develop.
Built in 1925, the small 2-bedroom, 1-bathroom structure likely requires extensive modernization or a total rebuild to meet the standards of contemporary luxury living.
Nestled within the coveted Girard Tract, this enchanting storybook-inspired vintage residence is surrounded by lush, park-like grounds and showcases breathtaking, panoramic Valley views. Set on an expansive approximately 12,000-square-foot property with nearly 175 feet of street frontage, this exceptional offering includes two additional separate lots, presenting a rare opportunity for investors, builders, or owner-users seeking to create a truly extraordinary estate. Motivated Seller! Towering mature trees, manicured gardens, and picturesque landscaping provide a private, tranquil setting that feels worlds away from the city, while remaining just minutes from Woodland Hills' premier shopping, dining, and entertainment. The charming existing home exudes warmth and character, offering timeless appeal with remarkable potential to expand or reimagine, following the example of the larger luxury residences that define this highly sought-after neighborhood. Whether you're looking to preserve its vintage charm, renovate, or build your dream home, this is a rare chance to own one of the most unique view properties in one of Woodland Hills' most desirable enclaves.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 3.1 mi
Grades K-5 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.8 |
| Baths | 1.0 | 3.0 |
| Square foot | 804 | 2,235.675 |
| Lot Size | 11,850 | 10,981.318 |
| Price | $1.35M | $1.39M |
| Price per sq ft | $1.7K | $640 |
| Built year | 1925 | 1960 |
| HOA | $0 | $434 |
| Days on market | 34 | 60 |
Aug 6, 2026
$1,350,000
Initial Listing
Feb 14, 2023
$1,050,000
Public Record
Mar 2, 2007
$650,000
Public Record
Aug 24, 2004
$550,000
Public Record
Nov 1, 2000
$309,000
Public Record
Oct 29, 1999
$153,500
Public Record