5830 Elba Place, Woodland Hills, California 91367, Woodland Hills, 91367 - 4 bed, 2 bath

5830 Elba Place, Woodland Hills, California 91367 home-pic-0
ACTIVE$1,649,999
5830 Elba Place, Woodland Hills, California 91367
4Beds
2Baths
2,346Sqft
18,857Lot
Year Built
1963
Close
-
List price
$1.65M
Original List price
$1.7M
Price/Sqft
$703
HOA
-
Days on market
-
Sold On
-
MLS number
SR25074988
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood
Pool
Patio
ViewMountain(s), Neighborhood

About this home

Possibly Over-Priced:The estimated price is 37% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.65M(71th), sqft - 2346(52th), beds - 4(50th), baths - 2(39th).

Be a part of history in Woodland Hills’ iconic Woodland West neighborhood, home to this Charles Du Bois Mid-Century Modern Home, flaunting the hallmark Palos Verde stone-clad façade and sleek modern lines. The 4-bedroom, 2-bath pool home rambles across a rare, and almost ½ acre lot adding additional lure to create your own modern oasis, separate ADU or SB9 lot split. The nearly 2,400 sq ft remodeled home effortlessly blends classic design with contemporary comfort. Featuring clean architectural lines, vaulted ceilings, and expansive windows, the home is bathed in natural light and offers seamless indoor-outdoor living. Some noteworthy updates include new bathrooms, new interior & exterior paint, new HVAC and new entrance door. The home is offset from the cul-de-sac allowing for an oversized driveway, enough for an RV or two! Close in proximity to award-winning charter schools, The Village, The Commons and other exceptional dining and shopping. Between the prime location and the essence of Mid-Century Modern living in one of Woodland Hills’ most desirable neighborhoods, it’s unmatched. HOME IS ALSO LISTED FOR LEASE - $7,500

Condition Rating
Excellent

Despite being built in 1963, the property has undergone an extensive and recent renovation, as indicated by the description 'remodeled home' with 'new bathrooms, new interior & exterior paint, and new HVAC.' The phrase 'effortlessly blends classic design with contemporary comfort' suggests a high-quality, modern aesthetic throughout. Assuming the images confirm a fully updated kitchen with modern appliances, countertops, and cabinetry, along with the explicitly stated new bathrooms and HVAC, the property meets the criteria for 'Excellent' condition, signifying an extensive renovation within the last 5 years where components are new or virtually new.
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 = 18857, living area = 2346.
Iconic Mid-Century Modern Design: A Charles Du Bois home featuring hallmark architectural elements, vaulted ceilings, and expansive windows, appealing to a specific and desirable aesthetic.
Generous Lot Size & Development Potential: Nearly half-acre lot (18,857 sqft) offers rare space for expansion, an ADU, or potential SB9 lot split, providing significant future value.
Recent Key Renovations: Updated bathrooms, new interior/exterior paint, and a new HVAC system enhance modern comfort and reduce immediate buyer expenses.
Desirable Neighborhood & Proximity to Amenities: Located in the iconic Woodland West neighborhood, offering excellent access to top-rated schools, shopping (The Village, The Commons), and dining.
Pool & Enhanced Outdoor Living: Features a pool and design conducive to seamless indoor-outdoor living, a highly sought-after amenity in the Southern California market.

Cons

Potential Overpricing: The current list price is significantly higher than the property's estimated value (estimation ratio -37%), which may indicate overpricing relative to market comparables or automated valuations.
Lower Bathroom Count: With 4 bedrooms and only 2 bathrooms, the property has a lower bathroom-to-bedroom ratio compared to some modern preferences or similar-sized homes.
Dual Listing Strategy: Being simultaneously listed for lease ($7,500/month) could create uncertainty for potential buyers regarding the seller's commitment to selling or complicate the transaction timeline.

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