
Woodland Hills, California 91367
This Modern Remodeled Residence with Permitted ADU is listed at $1,795,000, reflecting a quality-driven premium for its Top-Tier Condition Rating and comprehensive 2021 upgrades. While the $1,519,883 Fair Market Value serves as a baseline, the property’s value is anchored by a Designer Kitchen, contemporary finishes, a Private Deck, and a permitted 530-Square-Foot ADU perfect for rental income. Situated on an Expansive 11,430-Square-Foot Lot in the Los Angeles Unified district, this turnkey home offers unmatched versatility for Owner-Occupants or Multi-Generational Families seeking a sophisticated lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5540 Franrivers Avenue Subject | $1,795,000* List Price | 4 | 3 | 2,016 | $743 | - |
A 5329 Blanco Avenue Sold | $1,303,500 | 3 | 2 | 1,936 | $673 | 0.3 mi |
B 23415 Mariano Street Sold | $1,569,000 | 4 | 3 | 2,080 | $754 | 1.0 mi |
C 23843 Crosson Drive Sold | $1,395,000 | 3 | 3 | 1,919 | $727 | 0.5 mi |
D 5725 Blanco Avenue Sold | $1,515,000 | 4 | 3 | 2,420 | $626 | 0.2 mi |
E 23761 Ladrillo Street Sold | $1,720,000 | 4 | 3 | 2,500 | $688 | 0.8 mi |
F 24101 Philiprimm Street Sold | $1,262,000 | 3 | 2 | 1,936 | $652 | 0.1 mi |
G 23540 Kivik Street Active | $1,949,000 List Price | 4 | 2 | 2,216 | $880 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent an extensive and comprehensive remodel in 2021, placing it well within the 5-year window for top-tier condition. It features a designer kitchen with modern appliances, updated bathrooms, contemporary light fixtures, and sleek finishes throughout both the main house and the permitted ADU. The home is move-in ready with no deferred maintenance and meets current modern quality standards.
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.
The property features a fully permitted 530-square-foot ADU with a separate entrance, providing excellent potential for rental income, a home office, or multi-generational living.
Both the main home and ADU were comprehensively remodeled in 2021, offering contemporary finishes, designer kitchens, and an open-concept layout that ensures move-in ready convenience.
Because the ADU is a converted garage, the property lacks traditional covered parking and enclosed storage, which may be a disadvantage for buyers with multiple vehicles.
The listing price was recently adjusted upward by $300,000 from the original list price, which may affect the property's competitiveness and appraisal value in the current market.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,016 | 2,378 | 41% |
| Lot Size | 11,430 | 11,290 | 53% |
| Price | $1.79M | $1.37M | 74% |
| Price per sq ft | $890 | $627 | 97% |
| Built year | 1964 | 1961 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 384 | 176 | 99% |
Sep 30, 2025
$1,795,000
$1,495,000
+20% Price Increase
Initial Listing
Apr 3, 2025
$1,495,000
Initial Listing