5430 Woodlake Avenue, Woodland Hills, California 91367, Woodland Hills, 91367 - 5 bed, 3 bath
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Woodland Hills, California 91367
This Spacious Ranch-Style Home represents a Strong Value Opportunity, listed at $1,300,000—positioned slightly above the $1,290,894 Fair Market Value. While priced at market, the property offers significant stability through its Good Condition Rating and recent 2020 capital improvements, including a new roof and HVAC. The inclusion of a Permitted Income-Generating ADU provides a reliable mortgage offset, while the location in a Top-Rated School District ensures long-term demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5430 Woodlake Avenue Subject | $1,300,000* List Price | 5 | 3 | 2,443 | $528 | - |
A 23153 Canzonet Street Sold | $1,360,000 | 4 | 3 | 2,200 | $618 | 0.2 mi |
B 23824 Killion Sold | $1,365,000 | 5 | 3 | 3,030 | $450 | 0.8 mi |
C 23246 Canzonet Street Sold | $1,300,000 | 4 | 4 | 3,047 | $427 | 0.2 mi |
D 22711 Collins Street Sold | $1,285,000 | 4 | 4 | 2,472 | $520 | 0.7 mi |
E 23312 Ostronic Active | $1,249,950 List Price | 5 | 3 | 2,477 | $505 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is exceptionally well-maintained with critical systems (HVAC, electrical panel, and roof) updated in 2020, meeting 'Excellent' criteria for systems. However, the kitchen features dated tile countertops and older cabinetry, and some interior finishes like wood paneling and floor tiles are older, placing the overall aesthetic condition in the 'Good' category as a functional, move-in ready home.
The property includes a fully permitted 1-bedroom apartment above the garage that generates approximately $2,300 in monthly rental income, providing a significant mortgage offset.
Situated in the highly sought-after Walnut Acres neighborhood, the home offers access to top-rated schools including El Camino Real Charter High and Hale Charter Academy.
Major high-cost items including the roof, windows, and electrical panel were all replaced in 2020, significantly reducing immediate deferred maintenance for the buyer.
Built in 1947, the property may still possess older plumbing or foundational elements typical of its era that were not part of the 2020 renovations.
The 'uniquely long' lot shape, while offering privacy between the main house and ADU, may restrict the layout options for those desiring a traditional wide backyard or large pool area.
This is your opportunity to own a charming ranch-style home with an ADU in the heart of desirable Walnut Acres! Enjoy the beauty, top schools and convenient location of one of the Valley’s most sought-after neighborhoods from the comfort of a lovingly maintained home while the 1-bedroom apartment over the garage earns at least $2300 per month toward your mortgage. Main house: The main house has four bedrooms and two baths, with large kitchen, dining and living areas, a foyer, study and laundry room. Main features include beautiful, original oak floors, stainless steel appliances, ample kitchen counters and a dual-zoned central HVAC. New windows, 30-year roof and electrical panel were installed in 2020. The curb appeal of the property is enhanced by an expansive, fenced-in front lawn perfect for dogs or small children to play safely, complete with a rose garden, manicured shrubbery and tall, shady trees. The sizable back yard has a patio for outdoor dining and is bordered by a large hedge that creates privacy for a possible pool or Jacuzzi. ADU: The fully permitted ADU is a one bedroom, one bath apartment that sits atop the two-car garage of the main house with its own private entrance, parking spot, laundry room and outdoor patio. While the ADU reliably earns significant rental income, this space is also perfect for those who desire a remote-working office that is beautiful, quiet and separate, but still at home. The uniquely long, 9,233 sq. ft. lot provides a layout that creates privacy and separation for homeowners and tenants alike and features both a large driveway as well as a side yard that could accommodate a mid-size RV or boat. This home is in a top-rated public school district (El Camino Real Charter High School, Hale Charter Academy and Woodlake Elementary) with a variety of advantages for families and investors alike. Come see it before it is gone!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,443 | 2,293 | 55% |
| Lot Size | 9,233 | 11,290 | 33% |
| Price | $1.30M | $1.41M | 43% |
| Price per sq ft | $532 | $657 | 24% |
| Built year | 1947 | 1960 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 148 | 3% |
May 21, 2026
$1,300,000
Initial Listing
Nov 21, 2019
$799,000
Public Record