
Woodland Hills, California 91367
This property presents a Strong Value Opportunity with a List Price of $999,000—positioned well below the $1,077,417 Fair Market Value by 7%. This valuation gap offers $78,417 in Instant Equity for buyers. Featuring a Fair Condition Rating and an expansive 16,422 sq. ft. lot with a pool, the home requires significant renovation. Located in a high-growth corridor near the future Rams headquarters, this is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a major value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5614 Oso Avenue Subject | $999,000* List Price | 3 | 2 | 1,755 | $605 | - |
A 5666 Rawlings Sold | $1,075,000 | 3 | 2 | 1,800 | $597 | 0.2 mi |
B 20600 Clarendon Sold | $950,000 | 3 | 2 | 1,404 | $677 | 0.3 mi |
C 5658 Keokuk Avenue Sold | $1,015,000 | 3 | 2 | 1,824 | $556 | 0.1 mi |
D 20264 Aetna Street Sold | $1,033,000 | 3 | 3 | 1,958 | $528 | 0.4 mi |
E 20426 Coulson Street Sold | $875,000 | 4 | 2 | 1,586 | $552 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959 and explicitly marketed as an 'investor opportunity' and 'fixer,' this property shows significant signs of deferred maintenance. The pool is green with algae, indicating system neglect, and the exterior and interior finishes are dated and worn. The listing suggests a full renovation or custom rebuild is required to meet neighborhood standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16422, living area = 1755.
The property sits on an oversized 16,422 sq. ft. lot with a pool, offering rare development potential for a significant expansion or a custom rebuild in a high-demand neighborhood.
Ideally situated in Carlton Terrace near Warner Center and the future Rams headquarters, the property is positioned in one of Los Angeles’ most exciting and rapidly appreciating growth corridors.
The property is marketed as a major fixer-upper, implying that it will require a significant capital investment and a full-scale renovation to be move-in ready.
Built in 1959, the home likely features aging systems and structural elements that may necessitate costly modern upgrades to electrical, plumbing, and HVAC components.
Investor Opportunity in Carlton Terrace – Ready for Its 2026 Glow-Up. Attention investors, builders, and visionaries! Welcome to 5164 Oso Avenue in Woodland Hills’ highly sought-after Carlton Terrace neighborhood—an exceptional fixer offering endless upside in one of the West Valley’s fastest-transforming communities. Set on an oversized 16,000+ sq. ft. lot, this property features a pool and the kind of lot size that’s becoming increasingly difficult to find. Whether you’re planning a full renovation, expansion, or custom rebuild, the possibilities here are tremendous. Carlton Terrace is experiencing a remarkable renaissance, with new construction and high-end remodels reshaping the neighborhood and driving values higher. Ideally situated just minutes from Warner Center, the Village at Westfield Topanga, premier shopping and dining, and the future Rams headquarters and surrounding development, this location is at the center of one of Los Angeles’ most exciting growth corridors. If you’ve been searching for a project with strong upside in an established neighborhood undergoing significant revitalization, this is your opportunity to create the next standout property in Carlton Terrace.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,755 | 2,235.675 |
| Lot Size | 16,422 | 10,981.318 |
| Price | $999.0K | $1.39M |
| Price per sq ft | $569 | $640 |
| Built year | 1959 | 1960 |
| HOA | $0 | $434 |
| Days on market | 40 | 60 |
Jul 31, 2026
$999,000
Initial Listing