
Woodland Hills, California 91364
This Panoramic View Value-Add Property is listed at $1,185,000, representing a strategic acquisition price aligned with its $1,108,503 Fair Market Value given the rare land utility. The property features a massive 15,931 Sqft Double Lot and sweeping City Lights Views south of the Boulevard. Holding a Condition Rating of 4, the home requires cosmetic updates but includes a New AC System and Electrical Panel. Located near top-rated schools like Chaparral Elementary and Calabasas High, this is an ideal project for Value-Add Investors or Owner-Occupants looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5120 Escobedo Drive Subject | $1,185,000* List Price | 3 | 2 | 1,840 | $611 | - |
A 22210 Miston Drive Sold | $1,050,000 | 4 | 3 | 2,168 | $484 | 0.9 mi |
B 5335 Medina Road Sold | $1,250,000 | 3 | 2 | 2,352 | $531 | 0.4 mi |
C 21801 Providencia Active | $999,000 List Price | 4 | 3 | 2,092 | $478 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1961 home that shows significant signs of being outdated. While it features essential infrastructure upgrades like a new AC system and electrical panel, the interior—specifically the kitchen and bathrooms—retains older cabinetry, tile countertops, and vintage appliances. The flooring and fixtures are aged, and while the home is functional and livable, it requires cosmetic modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15931, living area = 1840.
Situated south of the Boulevard in a highly desirable area, the home offers breathtaking sunrise and sunset vistas of the city lights and neighborhood from multiple decks.
The property sits on two lots totaling nearly 16,000 square feet, providing rare privacy and significant opportunity for expansion or custom redevelopment in a high-value zone.
Built in 1961, the home likely requires significant cosmetic updates or a full remodel to modernize the interior and fully realize its architectural potential.
While some assigned schools are highly rated, others in the immediate vicinity have lower performance scores, which may be a concern for families prioritizing public education.
Nestled south of the Boulevard in the highly desirable Woodland Hills hills, 5120 Escobedo Drive is a captivating view home offering breathtaking panoramic vistas and exceptional potential. Set on two expansive lots totaling approximately 15,931 square feet, this property provides a rare sense of space, privacy, and opportunity. The 1,840 square foot residence is filled with natural light and thoughtfully designed to take full advantage of its spectacular surroundings. The living room opens seamlessly to a large rear deck, creating an ideal space for indoor outdoor living, entertaining, or relaxing while enjoying the scenery. Both the front and back decks offer beautiful sunrise and sunset views, while large windows throughout the home frame sweeping views of Woodland Hills and beyond. The home features two fireplaces that add warmth and architectural character, including a raised fireplace in the dining room that serves as a welcoming focal point. Recent upgrades include a new air conditioning system and a new electrical panel, adding value and peace of mind. A detached garage further enhances the flexibility and potential of the property. This is a rare opportunity to own a view property with outstanding possibilities, perfect for creating a custom retreat, expanding, or simply enjoying the tranquility and beauty of this remarkable setting.
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades K-5 • 2.3 mi
Grades K-5 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 1,840 | 2,210 | 34% |
| Lot Size | 15,931 | 9,877 | 74% |
| Price | $1.19M | $1.30M | 38% |
| Price per sq ft | $644 | $623 | 57% |
| Built year | 1961 | 1962 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 90 | 180 | 21% |
Feb 19, 2026
$1,185,000
$1,200,000
-1% Price Drop
Initial Listing
Jan 22, 2026
$1,200,000
Initial Listing
Oct 5, 2023
$1,105,500
Public Record