5323 Del Moreno Drive, Woodland Hills, California 91364, Woodland Hills, 91364 - 5 bed, 3 bath

5323 Del Moreno Drive, Woodland Hills, California 91364 home-pic-0
ACTIVE$1,399,000
5323 Del Moreno Drive, Woodland Hills, California 91364
5Beds
3Baths
2,556Sqft
18,740Lot

Price Vs. Estimate

The estimated value ($1,316,525.615) is $82,474.385 (5%) lower than the list price ($1,399,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 18740, living area = 2556.
Top Cons:
Extensive Renovation Required: The property is explicitly marketed as a 'blank canvas' that 'awaits your personal touch,' indicating a need for significant investment in modernization and updates throughout, particularly in the kitchen and potentially core systems.

Compared to the nearby listings

Price:$1.40M vs avg $1.35M (+$49,000)53%
Size:2,556 sqft vs avg 2,303 sqft59%
Price/sqft:$547 vs avg $62328%

More Insights

Built in 1959 (66 years old).
Condition: Built in 1959, this property is explicitly marketed as a 'blank canvas' requiring 'extensive renovation' and a 'personal touch,' particularly for the kitchen. The images reveal dated fixtures, such as old ceiling fans and mirrored closet doors, and an overall aesthetic consistent with its age, indicating no significant recent updates. The property analysis confirms 'Original 1959 Construction' and the need for substantial upgrades to major systems like plumbing, electrical, and HVAC. While the structure appears sound, the interior finishes and critical areas like the kitchen and bathrooms are clearly outdated and require a complete overhaul, aligning with the 'poor' condition criteria of needing substantial repairs and rehabilitation.
Year Built
1959
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$547
HOA
-
Days on market
-
Sold On
-
MLS number
SR25219072
Home ConditionPoor
Features
Pool
Patio
View-

About this home

Exceptional Opportunity for Contractors or Visionary Buyers. Nestled in a coveted neighborhood, this property offers immense potential for those looking to create their dream home. The expansive lot makes this residence a rare find for buyers eager to add personal updates and touches. This blank canvas invites you to envision and transform it into your dream mansion. The flexible layout is ready for your creativity, offering numerous opportunities for upgrades to match your unique taste and preferences. The entrance features a charming double-door entry that opens to a welcoming foyer, providing immediate access to all areas of the house. The tri-level floor plan is ideal for a large family, with three bedrooms and two baths on the top level. The main level boasts a spacious living room, dining room, kitchen, and a versatile game room that can be used as another bedroom or home office. The lower level includes a cozy convertible den with a bar that also can be used as a separate bedroom. It also has its own bathroom, as well as an attached garage and utility room, perfect for an ADU. This level is conveniently located next to the swimming pool. The kitchen, the heart of the home, awaits your personal touch and offers views of a backyard filled with various fruit trees. The expansive backyard is an ideal canvas for creating your outdoor oasis, perfect for landscaping, gardening, and entertaining. Whether hosting summer barbecues or enjoying quiet evenings under the stars, this space offers limitless possibilities. This area is renowned for its excellent schools, nearby parks, and vibrant sense of community. Enjoy a variety of shopping, dining, and entertainment options, including the nearby Warner Center, Topanga Mall, and Westfield Village. Don’t miss this incredible opportunity. This home promises a future filled with cherished memories and a reflection of your personal style.

Nearby schools

3/10
Hart Street Elementary School
Public,K-52.2mi
8/10
Chaparral Elementary School
Public,K-53.0mi
6/10
Bay Laurel Elementary School
Public,K-54.7mi
8/10
Round Meadow Elementary School
Public,K-55.2mi
5/10
Woodland Hills Charter Academy
Public,6-80.6mi
6/10
Gaspar De Portola Middle School
Public,6-82.0mi
7/10
Alice C. Stelle Middle School
Public,6-82.7mi
3/10
Christopher Columbus Middle School
Public,6-83.7mi
7/10
Arthur E. Wright Middle School
Public,6-87.6mi
4/10
Canoga Park Senior High School
Public,9-122.6mi
4/10
Reseda Senior High School
Public,9-123.1mi
8/10
Calabasas High School
Public,9-123.3mi
Condition Rating
Poor

Built in 1959, this property is explicitly marketed as a 'blank canvas' requiring 'extensive renovation' and a 'personal touch,' particularly for the kitchen. The images reveal dated fixtures, such as old ceiling fans and mirrored closet doors, and an overall aesthetic consistent with its age, indicating no significant recent updates. The property analysis confirms 'Original 1959 Construction' and the need for substantial upgrades to major systems like plumbing, electrical, and HVAC. While the structure appears sound, the interior finishes and critical areas like the kitchen and bathrooms are clearly outdated and require a complete overhaul, aligning with the 'poor' condition criteria of needing substantial repairs and rehabilitation.
Pros & Cons

Pros

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 = 18740, living area = 2556.
Renovation & Customization Potential: Positioned as an 'exceptional opportunity for contractors or visionary buyers,' this property is a 'blank canvas' with a 'flexible layout' ready for extensive personal updates and transformation into a dream home.
Generous Lot Size: Boasting an expansive 18,740 sqft lot, this residence offers rare space for significant outdoor development, privacy, and potential expansion in a desirable area.
Versatile Tri-Level Layout with ADU Potential: The tri-level floor plan provides ample space for a large family, featuring versatile rooms and a lower level with a bathroom and attached garage, ideal for conversion into an Accessory Dwelling Unit (ADU).
Prime Woodland Hills Location: Situated in a coveted neighborhood, the property benefits from excellent schools, nearby parks, a vibrant community, and convenient access to Warner Center, Topanga Mall, and Westfield Village for amenities.
Expansive Backyard with Pool: The large backyard, complete with a swimming pool and fruit trees, presents an ideal foundation for creating a private outdoor oasis perfect for entertaining, landscaping, and relaxation.

Cons

Extensive Renovation Required: The property is explicitly marketed as a 'blank canvas' that 'awaits your personal touch,' indicating a need for significant investment in modernization and updates throughout, particularly in the kitchen and potentially core systems.
Original 1959 Construction: As a 1959 build, the home likely retains original systems and finishes, necessitating substantial upgrades to plumbing, electrical, HVAC, and aesthetics to meet contemporary standards and buyer expectations.
Lack of Views: The property details explicitly state 'view: None,' which could be a comparative disadvantage in a market where scenic vistas often contribute significantly to property value and desirability.

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