5314 Woodlake, Los Angeles, California 91367, Los Angeles, 91367 - 3 bed, 2 bath
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5314 Woodlake
Los Angeles, California 91367
ACTIVE
CONDITION: TEAR DOWN
3Beds
2Baths
1,359Sq Ft
11,252Lot Size
Property Price
LIST PRICE$1,199,000
EST. MARKET VALUE
$1,112,923
7% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,199,000—positioned above the $1,112,924 Fair Market Value. While the property requires a full renovation given its Condition Rating of 6, the expansive 11,252 sqft lot and pool provide a rare canvas for a luxury rebuild in the prestigious Walnut Acres neighborhood. With the Warner Center expansion nearby, this asset is a prime candidate for forced appreciation. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a high-end development project.
Estimated Market Value
$1,112,923
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5314 Woodlake Subject | $1,199,000* List Price | 3 | 2 | 1,359 | $819 | - |
A 22930 Collins Street Sold | $1,150,000 | 3 | 2 | 1,466 | $784 | 0.5 mi |
B 5636 Ponce Sold | $915,000 | 3 | 2 | 1,264 | $724 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Property is 71 years old (built 1953) with no recorded renovations, meeting the >50 year criteria. The listing explicitly markets the property as a 'development opportunity' and 'original owner' sale, emphasizing the 11,000+ sqft lot and the area's transition to high-end residential, signaling the value is primarily in the land.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11252, living area = 1359.
- Development Potential
The expansive 11,252 sqft flat lot provides a rare opportunity for significant expansion or a ground-up luxury rebuild in the prestigious Walnut Acres neighborhood.
- Prime Location
Situated near the booming Warner Center and the new Los Angeles Rams headquarters, the property benefits from massive local investment and high-end residential growth.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
As an original 1953 structure, the home likely requires a complete overhaul or teardown to align with the modern luxury standards of the surrounding area.
- High Price per Square Foot
With only 1,359 sqft of living space, the list price reflects land value, which may limit financing options for traditional buyers seeking a move-in ready residence.
About 5314 Woodlake
Development opportunity in prestigious Walnut Acres area. Original owner property, first time on the market. Flat 11,000+ sqft. lot with pool. 3 BR 2 BA 1359 sqft. (Assr) single story. Ready to be re-imagined to any level of luxury. Bring your creative ideas knowing that the Walnut Acres area is becoming a high-end residential destination. Warner Center experiencing massive build-out with shopping, residential and entertainment investment like Los Angeles Rams headquarters. Amazing lifestyle with great schools, surrounded by parkland.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 11,252 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,359 | 1,664.159 |
| Lot Size | 11,252 | 6,066.556 |
| Price | $1.20M | $1.35M |
| Price per sq ft | $882 | $806 |
| Built year | 1953 | 1939 |
| HOA | $0 | $278 |
| Days on market | 36 | 55 |
Pricing History
Listed for Sale
Aug 4, 2026
$1,199,000
Initial Listing