
Los Angeles, California 91364
This John Lautner-inspired Mid-century Modern home represents a High-Potential Investment Opportunity, listed at $1,395,000—positioned above the $1,274,221 Fair Market Value by -9%. Featuring a Condition Rating of 3, the property offers significant value-add potential through exterior finishing and ADU development. With a massive 25' x 80' flat backyard, 14' ceilings, and cantilevered deck, it provides a unique architectural canvas. Located near top-rated schools like Chaparral Elementary and Calabasas High, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a custom hillside retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5177 Llano Drive Subject | $1,395,000* List Price | 2 | 2 | 1,868 | $682 | - |
A 22117 San Miguel Sold | $1,031,000 | 3 | 3 | 1,671 | $617 | 0.4 mi |
B 22661 Cavalier Sold | $1,105,500 | 3 | 2 | 1,816 | $609 | 0.6 mi |
C 22263 Avenue San Luis Sold | $1,465,000 | 3 | 3 | 1,843 | $795 | 0.3 mi |
D 5201 San Feliciano Sold | $1,075,000 | 2 | 2 | 1,500 | $717 | 0.3 mi |
E 22217 Ybarra Road Sold | $1,120,000 | 3 | 2 | 1,439 | $778 | 0.6 mi |
F 22029 Mulholland Way Sold | $1,056,000 | 3 | 2 | 1,530 | $690 | 0.8 mi |
G 22117 Ybarra Sold | $1,202,200 | 4 | 2 | 2,153 | $558 | 0.6 mi |
H 4642 Santa Lucia Drive Sold | $1,420,000 | 3 | 3 | 1,860 | $763 | 0.9 mi |
I 22250 Capulin Court Active | $1,299,000 List Price | 4 | 3 | 1,971 | $659 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features a recently remodeled maple kitchen, brand new white oak hardwood floors, and an upgraded 200-amp electrical service. While the 1962 structure is older, these significant interior updates and system improvements make it move-in ready, though the exterior requires finishing (paint and stucco) as noted in the description.
This John Lautner-inspired Mid-century Modern home features dramatic 14-foot ceilings, a cantilevered deck, and expansive valley views, offering a rare and authentic aesthetic for design enthusiasts.
Highly unique for a hillside property, the lot includes a massive 25' x 80' flat backyard with room for a pool, providing significant recreational utility and rare land value for the area.
The property offers multiple avenues for equity growth, including the potential to enclose the carport, add an ADU, and officially convert the layout to a 4-bedroom residence to increase square footage.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6708, other record lot size in square feet = 6774.
The home is being sold with the exterior requiring paint, stucco, and landscaping, which necessitates immediate additional investment and construction management from the new owner.
Although the home functions as a 3-bedroom, it is officially permitted as a 2-bedroom, which may create complexities during the appraisal process or require formal legalization to reflect its full utility.
First time on the market in 37 years a 1962 John Lautner inspired authentic hillside Mid-century Modern south of the boulevard in Woodland Hills. One of two houses in LA with the second under the Hollywood sign! Permitted as 2/2 but really a 3/2 with the possible 4/2 increasing the square footage. Easy potential to enclose the car port and add an ADU. 14' ceiling in the living room with huge valley views. Dramatic cantilever deck . New white oak hardwood floors throughout and fresh swiss coffee paint. Remodeled maple kitchen new 200amp electric service. Massive 25' x 80' flat backyard with room for a pool. All retaining walls and hardscaping complete and offered at a reduced price to allow for the new owner to paint, stucco, and landscape to personal preference.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 2.7 mi
Grades K-5 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,868 | 1,664.159 |
| Lot Size | 6,708.24 | 6,066.556 |
| Price | $1.40M | $1.35M |
| Price per sq ft | $747 | $806 |
| Built year | 1962 | 1939 |
| HOA | $0 | $278 |
| Days on market | 28 | 55 |
Aug 12, 2026
$1,395,000
Initial Listing