4936 Llano, Woodland Hills, California 91364, Woodland Hills, 91364 - 5 bed, 4 bath
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Woodland Hills, California 91364
This Rare Legacy Estate is a High-Potential Investment Opportunity, listed at $2,700,000—positioned well above the $2,559,532 Fair Market Value by -5%. While priced at a premium, the inclusion of an adjoining 9,993 sq. ft. vacant lot provides exceptional development potential for an ADU or resort-style expansion. Featuring a Fair Condition Rating with 1991-era finishes, the property offers a 5,000 sq. ft. layout near Top-Rated Schools like Calabasas High. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4936 Llano Subject | $2,700,000* List Price | 5 | 4 | 5,000 | $512 | - |
A 22557 Uhea Active | $1,995,000 List Price | 5 | 5 | 3,603 | $554 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, this 35-year-old property is functional and move-in ready but features dated interior finishes. The kitchen and bathrooms reflect original 90s styling, including older cabinetry and specific tile work, which fall under the 'Fair' category for needing cosmetic updates despite being well-maintained.
The inclusion of an adjoining 9,993 sq. ft. vacant lot offers extraordinary value, providing a rare opportunity for a guest house, ADU, or a private resort-style expansion in a high-demand area.
Situated in one of Woodland Hills' most prestigious neighborhoods, the property benefits from proximity to top-rated schools like Calabasas High and the upscale amenities of Ventura Boulevard.
With over 5,000 sq. ft. of living space and a 1991 build date, the home offers modern volume, soaring ceilings, and a functional 5-bedroom layout that is difficult to find in older local inventory.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5000, other record living area = 3634. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The living area is based on a seller estimate rather than official records, which could lead to discrepancies during the appraisal process or buyer due diligence.
Managing two separate parcels and a large-scale estate results in significantly higher property taxes, utility costs, and landscaping maintenance requirements for the owner.
Commanding sweeping panoramic Valley and city-light views from its coveted South-of-the-Boulevard location, this exceptional Woodland Hills estate offers a rare opportunity to own both a stunning residence and an adjoining vacant parcel, creating a truly unique compound with endless possibilities. Built in 1991 and situated on an 11,042 sq. ft. lot, this impressive 5-bedroom, 4-bathroom home offers over 5,000 sq. ft. of living space (per Seller). Soaring ceilings, abundant natural light, and expansive windows showcase breathtaking views from multiple rooms, while the spacious floor plan is ideal for both everyday living and entertaining. The gourmet kitchen, generous living areas, and luxurious primary suite provide the perfect blend of comfort and elegance. Included in the sale is the adjoining vacant lot (APN: 2170-006-069), approximately 9,993 sq. ft. (.23 acres), offering incredible potential for a pool, guest house, ADU, gardens, recreation area, or future development (buyer to verify). Ideally located near Woodland Hills Elementary Charter for Enriched Studies, Taft Charter High School, Ventura Boulevard's premier shopping and dining, the 101 Freeway, and the Santa Monica Mountains, this property combines exceptional views, location, and long-term value. A rare opportunity to own a true legacy property in one of Woodland Hills' most desirable neighborhoods.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 2.6 mi
Grades K-5 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 5,000 | 2,184 |
| Lot Size | 21,035 | 11,703 |
| Price | $2.70M | $1.45M |
| Price per sq ft | $540 | $651 |
| Built year | 1991 | 1960 |
| HOA | $0 | $425 |
| Days on market | 30 | 58 |
Jun 22, 2026
$2,700,000
Initial Listing