6257 Melba, Los Angeles, California 91367, Woodland Hills, 91367 - 3 bed, 2 bath
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6257 Melba
Los Angeles, California 91367
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,700Sq Ft
13,254Lot Size
Property Price
LIST PRICE$1,699,000
EST. MARKET VALUE
$1,465,877
15% AboveMARKET VALUE
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,699,000—positioned above the $1,465,877 Fair Market Value. While the list price reflects a premium for the 13,254-square-foot corner lot in the prestigious Walnut Acres neighborhood, the property offers significant long-term upside. Featuring a Condition Rating of 3 with a remodeled kitchen and baths, the home provides immediate functionality. The expansive lot allows for future expansion or an ADU, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime Woodland Hills location.
Estimated Market Value
$1,465,877
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6257 Melba Subject | $1,699,000* List Price | 3 | 2 | 1,700 | $862 | - |
A 23265 Sylvan Sold | $1,275,000 | 3 | 2 | 1,534 | $831 | 0.0 mi |
B 23916 Califa Street Sold | $1,400,000 | 3 | 2 | 1,995 | $702 | 0.9 mi |
C 23929 Crosson Sold | $1,600,000 | 3 | 3 | 2,016 | $794 | 0.9 mi |
D 22900 Hatteras Avenue Sold | $1,625,250 | 3 | 3 | 2,160 | $752 | 0.8 mi |
E 6001 Manton Avenue Sold | $1,625,000 | 4 | 3 | 2,115 | $768 | 0.5 mi |
F 23442 Burbank Boulevard Sold | $1,655,000 | 3 | 3 | 2,195 | $754 | 0.9 mi |
G 23717 Crosson Active | $2,026,000 List Price | 4 | 3 | 2,148 | $943 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1956 but well-maintained by long-term owners with a remodeled kitchen and two remodeled bathrooms. The property appears move-in ready and functional, fitting the 5-15 year renovation window, though it is positioned as having 'upside' for future modern updates.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 13254, living area = 1700.
- Prime Location & Investment Potential
Situated in the highly desirable Walnut Acres neighborhood near the Warner Center redevelopment, the property is surrounded by multi-million dollar estates, ensuring strong long-term appreciation.
- Expansive Corner Lot
The flat 13,254-square-foot corner lot on a cul-de-sac provides significant space for a pool, ADU, or home expansion, offering rare versatility and privacy.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At approximately 1,700 square feet, the home is relatively small compared to the newer luxury mansions in the area, which may necessitate further expansion to maximize the lot's value.
- High Price Per Square Foot
The list price of $1.699M reflects a premium price-per-square-foot, indicating that the value is heavily weighted in the land and location rather than the existing structure's size.
About 6257 Melba
Development opportunity in the heart of Walnut Acres, one of Woodland Hills’ most sought-after neighborhoods. Set on a flat 13,254-square-foot corner lot on a cul-de-sac, the property provides plenty of space for a pool, outdoor living, and easy equipment access. Lovingly maintained by longtime owners, this Sunkist single-story ranch offers 3 bedrooms, 2 baths, approximately 1,700 square feet, and an inviting open floor plan ready for your personal vision. Remodeled kitchen with newer cabinets and floors. Two remodeled baths. Spacious living room with fireplace and access to expansive back yard. Ideally located near top-rated schools, shopping, dining, and the exciting billion-dollar redevelopment of Warner Center. With multi-million-dollar homes continuing to transform Walnut Acres, a drive down Melba Ave. makes the opportunity clear. A warm, well-cared-for home with incredible upside, ready for its next chapter.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 13,254 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,700 | 2,235.675 |
| Lot Size | 13,254 | 10,981.318 |
| Price | $1.70M | $1.39M |
| Price per sq ft | $999 | $640 |
| Built year | 1956 | 1960 |
| HOA | $0 | $434 |
| Days on market | 14 | 60 |
Pricing History
Listed for Sale
Aug 26, 2026
$1,699,000
Initial Listing