
Woodland Hills, California 91364
This Value-Add Residential Asset is listed at $872,500, reflecting the premium demand for its location South of Ventura Blvd despite a $797,219 Fair Market Value. Currently assigned a Condition Rating of 4, the home features original hardwood floors, a private patio, and a 6,251 sq ft lot with significant expansion potential. Proximity to top-rated schools like Calabasas High School and Chaparral Elementary ensures sustained asset value. This property represents a high-potential acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on forced appreciation in a premier Woodland Hills pocket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5239 Comercio Avenue Subject | $872,500* List Price | 2 | 1 | 952 | $837 | - |
A 22051 San Miguel Sold | $1,050,000 | 3 | 2 | 1,320 | $795 | 0.8 mi |
B 22125 Costanso Street Sold | $870,000 | 3 | 2 | 1,332 | $653 | 0.8 mi |
C 5161 Canoga Avenue Active Under Contract | $899,000 List Price | 2 | 1 | 1,208 | $744 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and clean but significantly outdated, reflecting its 1948 build date. While the original hardwood floors are in good condition, the kitchen and bathroom feature vintage cabinetry, tile countertops, and older appliances that show their age. The home is functional and livable but requires cosmetic and system updates to meet contemporary standards.
Situated South of Ventura Blvd in a highly desirable Woodland Hills pocket, the property offers a serene, quiet neighborhood setting while remaining minutes away from premium shopping and dining.
The generous 6,251 sq ft lot provides significant opportunity for future expansion or the addition of an ADU, allowing buyers to add substantial value to the existing 952 sq ft footprint.
Built in 1948, the home retains timeless appeal with original wood floors and built-in cabinetry, offering a warm and inviting aesthetic that serves as a great foundation for a creative remodel.
At under 1,000 square feet with only two bedrooms and a single bathroom, the current layout may be too restrictive for growing families or those accustomed to modern spaciousness.
Due to its 1948 construction, the property likely requires updates to its core systems and cosmetic finishes to meet the expectations of contemporary buyers in this price bracket.
Welcome to this charming 2-bedroom, 1-bathroom single story home nestled in a beautiful, quiet neighborhood South of Ventura Blvd. Built in 1948, this 952 sq ft residence sits on a generous 6,251 sq ft lot, offering both classic character and modern potential. Step into a warm and inviting living space filled with natural light, classic wood floors and built-in cabinets perfect for relaxing or entertaining., The spacious lot provides ample room for outdoor enjoyment, gardening, or future expansion. Ideally located on a peaceful street with permitted parking, this home offers the perfect blend of tranquility and convenience. Just minutes from popular shopping centers, dining, and everyday amenities, you’ll enjoy easy access to everything you need while still coming home to a serene setting. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this property is full of possibilities in one of the West Valley’s most desirable locations.
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades K-5 • 2.2 mi
Grades K-5 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 11% |
| Baths | 1.0 | 3.0 | 3% |
| Square foot | 952 | 2,218 | 2% |
| Lot Size | 6,251 | 9,862 | 15% |
| Price | $872.5K | $1.31M | 10% |
| Price per sq ft | $916 | $622 | 96% |
| Built year | 1948 | 1962 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 180 | 2% |
Mar 24, 2026
$872,500
Initial Listing