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5540 Franrivers Avenue, Woodland Hills, California 91367, Woodland Hills, 91367 - 4 bed, 3 bath

5540 Franrivers Avenue, Woodland Hills, California 91367 home-pic-0
ACTIVE$1,795,000
5540 Franrivers Avenue, Woodland Hills, California 91367
4Beds
3Baths
2,016Sqft
11,430Lot
Year Built
1964
Close
-
List price
$1.79M
Original List price
$1.5M
Price/Sqft
$890
HOA
-
Days on market
-
Sold On
-
MLS number
SR25073502
Home ConditionExcellent
Features
Pool
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 11% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.79M(79th), sqft - 2016(45th), beds - 4(50th), baths - 3(50th).

Welcome to 5540 Franrivers Ave — a beautifully remodeled modern home nestled in the heart of Woodland Hills. This stylish 4-bedroom, 3-bathroom property spans 2,016 square feet and includes a fully permitted 530-square-foot ADU (1 bed/1 bath), ideal for guests, rental income, or a private home office. Remodeled in 2021, both the main home and the ADU showcase sleek, contemporary finishes, open-concept living spaces, and thoughtful upgrades throughout. The main residence features a bright and airy floor plan, designer kitchen, updated bathrooms, and spacious bedrooms designed for comfort and style. The converted garage ADU offers its own separate entrance, modern kitchen, and full bathroom—perfect for multi-generational living or added investment value. Located in a desirable neighborhood near top-rated schools, shopping, and dining, this move-in-ready home offers the best of Southern California living. Whether you're looking for a stylish family home or a smart investment opportunity, 5540 Franrivers Ave delivers it all.

Price History

Date
Event
Price
09/30/25
Price Change
$1,795,000+20.1%
04/03/25
Listing
$1,495,000
Condition Rating
Excellent
This property was extensively remodeled in 2021, falling well within the 'extensively renovated within 5 years' criteria for an excellent rating. Both the main home and the ADU feature sleek, contemporary finishes, including brand-new, modern kitchens with stainless steel appliances, two-tone cabinetry, quartz countertops, and stylish backsplashes. The bathrooms are equally impressive, showcasing modern floating vanities, matte black fixtures, glass shower enclosures, and updated tiling. New wood-look laminate flooring, recessed lighting, and fresh paint throughout contribute to a virtually new interior. While the original build year is 1964, the comprehensive nature of the recent renovation ensures all visible components meet current quality standards with no deferred maintenance.
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 = 11430, living area = 2016.
Permitted ADU: The property includes a fully permitted 530 sqft ADU with its own entrance, kitchen, and bathroom, offering significant value for rental income, multi-generational living, or a dedicated home office.
Recent Comprehensive Remodel: Both the main home and the ADU were extensively remodeled in 2021, showcasing sleek, contemporary finishes, open-concept living spaces, and thoughtful upgrades, ensuring move-in readiness.
Desirable Location: Nestled in a desirable Woodland Hills neighborhood, the home offers convenient access to top-rated schools, shopping, and dining, enhancing lifestyle and long-term value.
Modern Interior Design: The remodel introduced a bright and airy floor plan, designer kitchen, and updated bathrooms, aligning with current buyer preferences for contemporary aesthetics and functionality.
Investment Potential: With the added income potential from the ADU and its updated condition, the property presents a strong investment opportunity in a sought-after Southern California market.

Cons

Original Construction Year: Despite the recent remodel, the main home's original construction year of 1964 may raise concerns about the condition of underlying infrastructure (e.g., plumbing, electrical, foundation) not explicitly stated as updated.
Significant Price Increase: The list price has seen a substantial increase from $1.495M to $1.795M, which could indicate an aggressive pricing strategy or previous market resistance at a lower price point.
Lack of Explicit HVAC Details: The description does not explicitly mention an updated or modern HVAC/cooling system, which is a critical consideration for comfort in Southern California's warm climate, especially for a 1964 build.

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