5500 Blanco Avenue, Woodland Hills, California 91367, Woodland Hills, 91367 - 5 bed, 4 bath
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Woodland Hills, California 91367
This Renovated Woodland Hills Estate with ADU is a Strong Value Opportunity, listed at $1,795,000—positioned well below the $1,899,326 Fair Market Value by 5%. This valuation gap provides $104,326 in Instant Equity. Boasting a Condition Rating of 2, the home features a gourmet kitchen, mountain views, and a private ADU generating $2,200 monthly income. Located in the Los Angeles Unified district, it aligns with local demand for multi-unit functionality. This is an ideal acquisition for Owner-Occupants or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5500 Blanco Avenue Subject | $1,795,000* List Price | 5 | 4 | 2,913 | $652 | - |
A 23440 Collins Street Sold | $1,775,000 | 4 | 3 | 2,510 | $707 | 0.9 mi |
B 6022 Elba Place Sold | $1,600,000 | 5 | 5 | 3,595 | $445 | 0.7 mi |
C 23701 Clarendon Street Sold | $1,525,000 | 4 | 2 | 2,790 | $547 | 0.5 mi |
D 23623 Ladrillo Sold | $2,200,000 | 4 | 3 | 3,000 | $733 | 0.7 mi |
E 5910 Pat Avenue Sold | $2,150,000 | 5 | 4 | 3,080 | $698 | 0.6 mi |
F 23761 Ladrillo Street Sold | $1,720,000 | 4 | 3 | 2,500 | $688 | 0.7 mi |
G 24100 Philiprimm Street Active | $1,869,000 List Price | 4 | 3 | 2,751 | $679 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations that align with modern quality standards. Key features include a gourmet kitchen with new shaker-style cabinetry, quartz countertops, and premium stainless steel appliances, as well as updated bathrooms with designer finishes. The home also boasts new vinyl windows, updated recessed and pendant lighting, and consistent high-quality flooring throughout, showing no signs of deferred maintenance.
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 that generates approximately $2,200 in monthly rental income, providing a significant mortgage offset and exceptional investment value.
Set on a rare 17,431 sq.ft. fully fenced lot, the backyard offers unparalleled privacy, low-maintenance artificial turf, and vast potential for a custom pool or outdoor entertainment complex.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2913, other record living area = 2360.
Despite extensive cosmetic and energy-efficient upgrades, the 1962 original construction may require future attention to aging underlying systems such as main-line plumbing or original electrical components.
The listing price of $1.795M represents a significant appreciation from its 2019 sale price, which may pose appraisal challenges or limit the buyer pool to those specifically seeking multi-unit functionality.
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 | 77% |
| Baths | 4.0 | 3.0 | 70% |
| Square foot | 2,913 | 2,381 | 71% |
| Lot Size | 17,431 | 11,289 | 79% |
| Price | $1.79M | $1.36M | 74% |
| Price per sq ft | $616 | $626 | 47% |
| Built year | 1962 | 1961 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 174 | 8% |
Feb 12, 2026
$1,795,000
Initial Listing
Jun 12, 2019
$965,000
Public Record