
Woodland Hills, California 91364
This Tri-Level Value-Add Property is listed at $1,200,000, representing a stable entry point relative to its $1,162,800 Fair Market Value. Currently holding a Condition Rating of 4, the "retro" interior provides a clear path for equity growth through strategic modernization. The asset is defined by its Exceptional Panoramic Views and a generous 10,060 SqFt Lot, offering rare utility and expansion potential for the area. Located near Top-Rated Schools including Calabasas High and Chaparral Elementary, this home is a high-potential acquisition for Value-Add Investors or Owner-Occupants looking to create a bespoke hillside sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4938 Medina Road Subject | $1,200,000* List Price | 3 | 3 | 1,811 | $623 | - |
A 4616 Coyle Sold | $1,315,000 | 3 | 4 | 2,202 | $597 | 0.8 mi |
B 22051 Mulholland Way Sold | $1,095,000 | 4 | 3 | 2,195 | $499 | 0.6 mi |
C 22216 Del Valle Street Sold | $1,100,000 | 3 | 3 | 2,041 | $539 | 0.9 mi |
D 22029 Mulholland Way Sold | $1,056,000 | 3 | 2 | 1,530 | $690 | 0.6 mi |
E 20955 De Mina Street Sold | $1,100,000 | 4 | 3 | 1,766 | $623 | 0.6 mi |
F 21801 Providencia Active Under Contract | $999,000 List Price | 4 | 3 | 2,092 | $478 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1961, shows signs of age and a 'retro style' as noted in the description, suggesting it has not had a recent full renovation. The kitchen features wooden cabinets and tiled countertops, which appear dated. While functional, the appliances and overall aesthetic do not meet current standards. The bathrooms are not explicitly shown, but the general condition of the home, including the carpeting and light fixtures, indicates a need for updates. The property's value is enhanced by its large lot and views, but the interior condition requires attention to move beyond its current 'fair' state.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10060, living area = 1811.
The property boasts a large picture window in the living room offering vast, panoramic views of the valley, mountains, and city lights, significantly enhancing its desirability and potential value.
The property features a generous lot size, ideal for gardening enthusiasts and offering ample outdoor space for recreation or expansion possibilities.
The tri-level design may present accessibility challenges for some individuals and could require modifications for modern living preferences.
The description implies the property is ready for personalization or to be lived in 'retro style,' suggesting potential need for updates and renovations to meet contemporary standards.
The provided details do not specify the presence of a central cooling or heating system, which could be a significant consideration for buyers in California's climate.
This three bedroom three bath Tri-level home sits next to Gerard Estate. What a view! Walk into the living room and you see a large picture window with a vast view. This multi level property is ready to make it your own, or live in it in retro style. For those garden lovers, this generous sized lot will keep you busy planting. The back yard features a large garden wall.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 2.7 mi
Grades K-5 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,811 | 2,218 | 32% |
| Lot Size | 10,060 | 9,892 | 53% |
| Price | $1.20M | $1.31M | 40% |
| Price per sq ft | $663 | $622 | 62% |
| Built year | 1961 | 1962 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 354 | 184 | 99% |
May 3, 2025
$1,200,000
Initial Listing