5500 Blanco Avenue, Woodland Hills, California 91367, Woodland Hills, 91367 - 5 bed, 4 bath
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Woodland Hills, California 91367
This Hybrid Residential Property represents a Strong Value Opportunity, listed at $1,745,000, which aligns perfectly with its $1,745,000 Fair Market Value. Featuring a Condition Rating of 2, this home offers a turnkey experience with a modernized gourmet kitchen and hardwood flooring. The standout feature is the income-generating ADU, providing a consistent mortgage offset. With a massive 17,431 sq.ft. lot and mountain views, this property balances lifestyle luxury with financial utility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility, move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5500 Blanco Avenue Subject | $1,745,000* List Price | 5 | 4 | 2,913 | $599 | - |
A 24100 Philiprimm Street Sold | $1,828,000 | 4 | 3 | 2,751 | $664 | 0.1 mi |
B 5216 Orrville Avenue Sold | $1,600,000 | 5 | 4 | 2,966 | $539 | 0.6 mi |
C 23440 Collins Street Sold | $1,775,000 | 4 | 3 | 2,510 | $707 | 0.9 mi |
D 23942 Califa Sold | $1,520,000 | 5 | 3 | 2,566 | $592 | 0.5 mi |
E 23701 Clarendon Street Sold | $1,525,000 | 4 | 2 | 2,790 | $547 | 0.5 mi |
F 5534 Pattilar Avenue Active | $1,999,999 List Price | 4 | 4 | 2,854 | $701 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1962, the property has undergone a comprehensive modern renovation within the last 5 years. It features a gourmet kitchen with shaker cabinetry and quartz countertops, updated bathrooms, new energy-efficient vinyl windows, and fresh interior/exterior paint. The inclusion of a modern ADU and high-end finishes like hardwood flooring and recessed lighting indicates a mint, move-in-ready condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17431, living area = 2913.
The property features a private 1-bedroom, 1-bathroom ADU currently renting for $2,200 per month, providing a significant mortgage offset and exceptional value for investors or multi-generational families.
Situated on a rare 17,431 sq.ft. lot with mountain views, the backyard offers superior privacy, low-maintenance artificial turf, and ample space for a future pool or custom outdoor expansion.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2913, other record living area = 2360.
With 99 days on the market and a recent price reduction, the property may be struggling with price positioning or buyer perception in the current high-interest environment.
While aesthetically updated, the 1962 construction may require ongoing maintenance or upgrades to original systemic components that are not as efficient as those found in newer builds.
Welcome to this freshly painted and charming home, thoughtfully updated to offer a bright and inviting living experience. offering warmth, light, and exceptional versatility. Step inside to a bright, light-filled floor plan designed for modern living. The spacious living room features a cozy fireplace and flows seamlessly into the dining area, highlighted by romantic farmhouse-inspired pendant lighting. Expansive sliding glass doors flood the space with natural light and open to the lush backyard, creating an effortless indoor-outdoor connection. The gourmet kitchen is a true showstopper, featuring classic shaker-style cabinetry, sleek quartz countertops, and premium stainless steel appliances. Adjacent to the kitchen is a versatile space ideal for everyday dining, a family room, or a secondary living area. A stylish powder room with designer wallpaper completes the main level. Elegant hardwood flooring, new vinyl windows, and sliding glass doors enhance both style and energy efficiency throughout. The primary suite serves as a serene retreat with an ensuite bathroom and additional space perfect for a home office, gym, or yoga area. Abundant storage is found throughout, including hallway linen closets and generous bedroom closets. As you step outside, you’re welcomed into your own private paradise. Set on a fully fenced 17,431 sq.ft. lot, the backyard offers exceptional privacy with low-maintenance artificial turf, planted roses, and a covered patio ideal for entertaining or peaceful evenings. The expansive yard provides room for gatherings, play, and future potential for a pool or custom outdoor retreat. Whether hosting weekend BBQs with friends and family or unwinding in your own serene sanctuary, this backyard is truly an extension of the home’s lifestyle-focused design. This property offers a true “Two Homes for the Price of One” opportunity unlike anything else in Woodland Hills. Live comfortably while your property works for you. The private 1-bedroom, 1-bathroom ADU (5502 Blanco Ave) has been a consistent income producer, curuntly renting for approximately $2,200 per month, significantly reducing your monthly mortgage. This is a rare opportunity to own a beautiful home that truly helps pay for itself, one of the best values in Woodland Hills. Schedule your private tour today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 4.0 | 3.0 | 69% |
| Square foot | 2,913 | 2,282 | 72% |
| Lot Size | 17,431 | 11,290 | 80% |
| Price | $1.75M | $1.45M | 70% |
| Price per sq ft | $599 | $661 | 35% |
| Built year | 1962 | 1960 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 114 | 147 | 33% |
May 22, 2026
$1,745,000
$1,795,000
-3% Price Drop
Initial Listing
Feb 12, 2026
$1,795,000
Initial Listing
Jun 12, 2019
$965,000
Public Record