6217 1/2 Randi Avenue, Woodland Hills, California 91367, Woodland Hills, 91367 - 2 bed, 3 bath
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Woodland Hills, California 91367
This property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned well below the $578,197 Fair Market Value by 4%. This valuation gap offers $28,197 in Instant Equity for buyers willing to execute a renovation plan. With a Condition Rating of 5, the home requires a full interior modernization. Located in a high-growth corridor near the upcoming Rams Village, this is a value-add asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6217 1/2 Randi Avenue Subject | $550,000* List Price | 2 | 3 | 1,519 | $381 | - |
A 21801 Burbank 97 Sold | $590,000 | 2 | 3 | 1,492 | $395 | 0.8 mi |
B 6121 Shoup Avenue 10 Sold | $640,000 | 3 | 3 | 1,764 | $363 | 0.2 mi |
C 5707 Topanga Boulevard 5 Sold | $580,000 | 2 | 3 | 1,302 | $445 | 0.7 mi |
D 6223 Nita Active | $709,000 List Price | 2 | 3 | 1,519 | $467 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1972 with no evidence of recent renovations, this property is over 50 years old and in original condition. Interior photos show heavily stained carpeting, popcorn ceilings, and dated wallpaper. The listing explicitly states the home is 'ready to be re-imagined,' indicating a need for a full rehab of the kitchen, bathrooms, and systems to meet modern standards.
Situated in a high-growth corridor near Westfield Topanga and the upcoming Rams Village, the property offers exceptional long-term appreciation potential and lifestyle convenience.
As a corner unit, this townhouse features extra windows for superior natural light, enhanced privacy, and the rare convenience of a two-car attached garage.
The association fee provides significant value by covering earthquake insurance, water, cable, and high-speed internet, simplifying monthly overhead for the owner.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1519, other record living area = 1888.
The property is marketed as 'ready to be re-imagined,' indicating that it likely requires a substantial investment in updates and modernization to meet current market standards.
The co-ownership structure may present challenges for traditional financing and could limit the pool of potential buyers compared to standard fee-simple residential listings.
Location! Location! Location! Welcome to Villa Granada, a sought-after gated community in the heart of Woodland Hills, where lifestyle, convenience, and long-term value come together. Perfectly positioned as a desirable corner unit, this spacious townhouse offers enhanced privacy with extra windows for natural light, peaceful views, a private patio, and a two-car attached garage. Just steps from the sparkling community pool, landscaped walking paths, and a nearby park, the setting feels like a private retreat. The HOA adds meaningful value, including earthquake insurance, water, cable, and high-speed internet, an incredible benefit for convenient, cost-conscious ownership. Ideally located just moments from Westfield Topanga, Topanga Village, and premier shopping, dining and entertainment, and approximately one mile from the LA Rams' training facility and the planned Rams Village development, this home is positioned in one of Woodland Hills' most exciting and evolving corridors. Ready to be re-imagined, this property presents a rare opportunity to create your dream home or make a smart investment while building equity in one of the Valley's most desirable communities. Opportunities like this don't come around often.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,519 | 1,645 |
| Lot Size | 122,790 | 187,668.5 |
| Price | $550.0K | $676.9K |
| Price per sq ft | $362 | $433 |
| Built year | 1972 | 1978 |
| HOA | $620.0 | $848 |
| Days on market | 13 | 77 |
Jul 9, 2026
$550,000
Initial Listing