
Woodland Hills, California 91367
Analysis of 5823 Lubao Avenue, Woodland Hills, California 91367 is currently available with a list price of $2,200,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Woodland Hills Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although built in 1950, the property has been extensively renovated within the last 5 years. It features a modern updated kitchen with granite countertops, beautifully renovated bathrooms with quartz finishes, new wide-plank oak flooring, and newer doors and windows throughout, meeting the highest quality standards for a move-in ready home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22007, living area = 1924.
The rare half-acre flat lot in the prestigious College Acres neighborhood provides unparalleled development potential for a custom estate, expansion, or multi-generational compound.
The property includes a 350-square-foot pool house/office that offers immediate flexibility for a home office or a seamless conversion into a rental ADU for added value.
With the main residence at approximately 1,924 square feet, the $2.2M list price reflects a high cost per square foot, indicating the value is heavily weighted in the land rather than the existing living space.
The presence of a metal three-car garage may lack the architectural refinement or permanent feel desired by buyers looking for a cohesive luxury estate aesthetic.
Welcome to a truly rare offering in Los Angeles—where expansive space, privacy, and limitless potential converge on an exceptional flat half-acre lot. Located in the coveted College Acres neighborhood in Woodland Hills. This impressive 100' x 220' property features double electric gates, a circular driveway, and convenient rear yard access, creating both presence and privacy. The beautifully maintained main residence exudes classic ranch-style curb appeal and offers approximately 1,924 square feet of thoughtfully designed living space with three bedrooms and three bathrooms. Complementing the home is an additional pool house/office, approximately 350 of living square feet, easily convertible into an ADU for added flexibility or income potential. A custom oversized front door welcomes you into a spacious living room highlighted by a fireplace, soaring cathedral wood ceilings, and rich wood flooring. The updated kitchen boasts granite countertops and a breakfast bar that opens seamlessly to a stunning dining room featuring a dramatic floor-to-ceiling brick fireplace, built-in grill, and charming window seat—perfect for memorable gatherings. The primary suite is a serene retreat with dual closets featuring built-ins, a skylight that fills the room with natural light, and a beautifully renovated bathroom complete with double sinks, quartz countertops, and an oversized shower. Wide-plank oak floors, newer doors and windows, and sliding glass doors throughout the home further enhance the bright, airy atmosphere. Step outside to a covered porch and enjoy quintessential California living. The backyard oasis features a PebbleTec pool with a Baja bench and built-in spa, ideal for both relaxing weekends and entertaining under the sun. A large grassy yard, whimsical treehouse, and metal three-car garage add even more appeal. What truly sets this property apart is its remarkable development potential. This is a rare opportunity to expand the existing home, build a custom estate, create a multi-generational compound, or develop multiple residences. Whether you envision a forever family home, a private estate with room to grow, or an exceptional investment opportunity, this property offers unmatched versatility in one of Los Angeles’ most desirable areas. Cherished by only two owners over the last 76 years, opportunities like this are exceedingly rare. Live in it, expand it, or build something extraordinary—this is a once-in-a-generation offering.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 30% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,924 | 2,378 | 37% |
| Lot Size | 22,007 | 11,290 | 92% |
| Price | $2.20M | $1.37M | 84% |
| Price per sq ft | $1.1K | $627 | 99% |
| Built year | 1950 | 1960 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 174 | 1% |
Apr 9, 2026
$2,200,000
Initial Listing
Nov 19, 2007
$1,025,000
Public Record