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5547 Shoup Avenue, Woodland Hills, California 91367, Woodland Hills, 91367 - 3 bed, 1 bath

5547 Shoup Avenue, Woodland Hills, California 91367 home-pic-0
ACTIVE$479,000$978/sqft
5547 Shoup Avenue, Woodland Hills, California 91367
3Beds
1Bath
978Sqft
7,014Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top 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 = 7014, living area = 978.
Top Cons:
Extensive Renovation Required: The property is explicitly a 'Major Fixer' and sold 'as is, where is, with no warranty,' indicating significant upfront and ongoing investment will be necessary for repairs and upgrades.

Compared to the nearby listings

Price:$479.0K vs avg $1.35M ($-871,000)2%
Size:978 sqft vs avg 2,148 sqft2%
Price/sqft:$490 vs avg $62614%

More Insights

Built in 1952 (74 years old).
Condition: Built in 1952 and explicitly described as a 'Major Fixer' sold 'as is, where is,' this property requires substantial repairs and rehabilitation. Images reveal extreme neglect, including overgrown vegetation, severely dirty and peeling interior walls and ceilings, debris-strewn floors, and a dilapidated garage. The property is unlivable in its current state, with major systems and finishes (flooring, lighting, potential HVAC/electrical) undoubtedly requiring full replacement or extensive repair. While a full tear-down isn't explicitly stated, the scope of work needed is immense, affecting safety and soundness.
Year Built
1952
Close
-
List price
$479K
Original List price
$479K
Price/Sqft
$490
HOA
-
Days on market
-
Sold On
-
MLS number
26635597
Home ConditionPoor
Features
View-

About this home

Probate Sale! This property will be offered at a live auction at THE PROPERTY SITE on Saturday, January 31, 2026 at 04:00 PM. Auction day registration will be from 3:15 PM to 04:00 PM. This Single Family Home built in 1952 features 3 bedrooms and 1 bathroom +/-978 Sq Ft of living space, +/-7,012 Sq Ft lot, APN: 2040-015-003. Major Fixer! A great opportunity to renovate and make it your own! The owner passed away on the Property. In order to bid on auction day, ALL BIDDERS MUST HAVE IN THEIR POSSESSION a cashier's check for $10,000 (MADE PAYABLE TO NDA INC.) and a blank personal check for the balance of the required 10% deposit (no exceptions). This Property is offered together with improvements thereon as is, where is, with no warranty expressed or implied. This sale is subject to court confirmation and overbid. The timing of the hearing is subject to the courts calendar approximately 2 months from the offer deadline date. After court confirmation there will be a 45-day escrow period. The Seller reserves the right to accept, counter or reject all offers. IN ALL CIRCUMSTANCES, THERE ARE NO FINANCING, APPRAISAL OR INSPECTION CONTINGENCIES. Estate of Mark Knabenshue.

R
Rhett Richar Winchell
Listing Agent
Condition Rating
Poor
Built in 1952 and explicitly described as a 'Major Fixer' sold 'as is, where is,' this property requires substantial repairs and rehabilitation. Images reveal extreme neglect, including overgrown vegetation, severely dirty and peeling interior walls and ceilings, debris-strewn floors, and a dilapidated garage. The property is unlivable in its current state, with major systems and finishes (flooring, lighting, potential HVAC/electrical) undoubtedly requiring full replacement or extensive repair. While a full tear-down isn't explicitly stated, the scope of work needed is immense, affecting safety and soundness.
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 = 7014, living area = 978.
Prime Location: Situated in Woodland Hills, a highly desirable and affluent area known for its excellent schools, amenities, and strong potential for property value appreciation.
Significant Renovation Potential: Explicitly marketed as a 'Major Fixer' and an 'opportunity to renovate and make it your own,' this property is ideal for investors or buyers seeking to customize and add substantial value.
Generous Lot Size: The 7,014 sq ft lot provides ample outdoor space, offering potential for landscaping, home expansion, or the addition of desirable features like a pool or ADU.
Probate Sale Value Proposition: While complex, probate sales can often present opportunities for savvy buyers to acquire properties below market value, especially for those with cash and renovation expertise.
Single-Family Home Type: As a single-family residence in a sought-after area, the property offers privacy and is a highly desirable asset type for long-term ownership and investment.

Cons

Extensive Renovation Required: The property is explicitly a 'Major Fixer' and sold 'as is, where is, with no warranty,' indicating significant upfront and ongoing investment will be necessary for repairs and upgrades.
No Contingencies Allowed: The sale explicitly states 'NO FINANCING, APPRAISAL OR INSPECTION CONTINGENCIES,' placing all risk on the buyer and severely limiting the buyer pool to cash offers or those comfortable waiving critical due diligence.
Probate Process & Auction Complexities: The sale is subject to court confirmation and overbid, with strict auction day deposit requirements, adding layers of uncertainty, extended timelines, and financial commitment for potential buyers.
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