INCOME POTENTIAL. Existing permitted 700sf rec room possible ADU conversion, alley access in the back (may require easement). Modern and updated Walnut Acres compound in coveted Woodlake, El Camino & Hale Charter school district. The property consists of 2 private structures with ample room to grow. The main home has 2 bedrooms plus oversized office that can be used as a 3rd bedroom (no closet). This main home showcases newer kitchens and baths with upgraded finishes, newer floors, windows, a/c, roof and electrical. Natural light throughout, tiled fireplace in living room and a brick covered porch at the front to enjoy overlooking the shaded expansive front yard. At the rear of the property is a two story structure: a 2-car garage, with bonus space on the lower level and a permitted 700 sf recreation room/living quarters on a full second level. Second unit is also remodeled and upgraded, complete with kitchen and private bedroom. ADU potential! plus property offers more room to expand, add on another Jr. ADU, etc.. Additionally the parcel has an alley in the back however, an easement is required for allowed access according to rear neighbors. Established landscape and shade trees, lovingly maintained, fully gated and private with remote access. Convenient to 101 access, Ventura Blvd., shops at Fallbrook, Topanga Village and other amenities Woodland Hills has to offer.