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6292 Lubao Avenue, Woodland Hills, California 91367, Woodland Hills, 91367 - 4 bed, 4 bath

6292 Lubao Avenue, Woodland Hills, California 91367 home-pic-0
ACTIVE$1,475,000$2,442/sqft
Est. Value: $1,478,300
%
FairlyEstimate
6292 Lubao Avenue, Woodland Hills, California 91367
4Beds
4Baths
2,442Sqft
10,248Lot

Price Vs. Estimate

The estimated value ($1,478,300.17) is $3,300.17 (0%) lower than the list price ($1,475,000). This property may be overpriced.

Key pros and cons

Top 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 = 10248, living area = 2442.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2442, other record living area = 2306. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.

Compared to the nearby listings

Price:$1.48M vs avg $1.37M (+$105,000)61%
Size:2,442 sqft vs avg 2,150 sqft58%
Price/sqft:$604 vs avg $62644%

More Insights

Built in 1955 (71 years old).
Condition: This property, built in 1955, has undergone extensive and recent renovations totaling over $135K, making it move-in ready with no immediate repairs needed. The kitchen features modern white shaker cabinets, black countertops, white subway tile backsplash, and relatively new stainless steel appliances. Bathrooms are also updated with contemporary tiling, vanities, and fixtures. The backyard pool and spa are newly renovated with new equipment and a permitted stamped concrete patio. While many components are new or virtually new, the age of the core structure and the specific mention of only a wall A/C unit in the finished garage (implying the main house may lack central air) prevent an 'Excellent' rating. However, the significant, high-quality updates and overall well-maintained condition firmly place it in the 'Good' category.
Year Built
1955
Close
-
List price
$1.48M
Original List price
$1.48M
Price/Sqft
$604
HOA
-
Days on market
-
Sold On
-
MLS number
SB25281971
Home ConditionGood
Features
Pool
Spa
Patio
ViewPool

About this home

This property has been tastefully updated both before Seller bought and over the past few years. Seller completely renovated the back yard pool and spa items. New pool/spa equipt. as well as new gas line. Beautiful decor adorns the pool bottom. You will have your own personal "mermaid" and turtle tiles incorporated into the new pool tile work. The patio space in the back yard is a stamped concrete design. All done by permit! The Seller also put on a new roof above the kitchen (torch replacing improper composition shingle material). The garage is presently is finished so it is flexible enough to be a bedroom. There is a combination A/C/Heat wall unit keeping it comfortable all year long. There is the laundry room and 3/4 bath located off of the hallway entrance to the garage. Relatively new electric dryer and washer are staying as are all the kitchen appliances(including extra refrigerator in the garage). The living room has power shades enabling natural light when you want it and closed when you don't. The Seller has spent well over $135K in upgrades in the past few years. The property is move-in ready! Rarely does a property come up that offers you the opportunity to take over immediately without having to make repairs or updates. Property is located close to the Orange bus line so this property offers a convenient access tool for commuting if you want to use it. The huge back yard offers tremendous opportunity to potentially add an ADU. There is an access gate already present that enables either or both RV and Boat entry!

B
Bruce Blumberg
Listing Agent

Price History

Date
Event
Price
08/31/18
Sold
$850,000
06/03/16
Sold
$710,000
11/16/15
Sold
$515,000
Condition Rating
Good
This property, built in 1955, has undergone extensive and recent renovations totaling over $135K, making it move-in ready with no immediate repairs needed. The kitchen features modern white shaker cabinets, black countertops, white subway tile backsplash, and relatively new stainless steel appliances. Bathrooms are also updated with contemporary tiling, vanities, and fixtures. The backyard pool and spa are newly renovated with new equipment and a permitted stamped concrete patio. While many components are new or virtually new, the age of the core structure and the specific mention of only a wall A/C unit in the finished garage (implying the main house may lack central air) prevent an 'Excellent' rating. However, the significant, high-quality updates and overall well-maintained condition firmly place it in the 'Good' category.
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 = 10248, living area = 2442.
Extensive Recent Upgrades: The seller has invested over $135K in upgrades in recent years, including a completely renovated backyard pool and spa, new pool equipment, a new gas line, and a permitted stamped concrete patio, making the property move-in ready.
ADU Potential & RV/Boat Access: The large backyard offers significant potential for adding an Accessory Dwelling Unit (ADU) and features an existing access gate for convenient RV and/or boat parking.
Flexible Living Space: The garage has been finished and includes a combination A/C/Heat wall unit, providing flexible space that can serve as an additional bedroom, home office, or guest suite, complemented by a nearby laundry room and 3/4 bath.
Modern Conveniences & Inclusions: The property comes equipped with relatively new electric washer and dryer, all kitchen appliances (including an extra refrigerator in the garage), and power shades in the living room, enhancing comfort and convenience for new owners.
Strategic Location & Commuter Access: Located close to the Orange bus line, the property offers convenient access to public transportation, making it an attractive option for commuters.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2442, other record living area = 2306. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Age of Core Structure: Built in 1955, while updated, the underlying structure is older, which may lead to potential concerns regarding original plumbing, electrical systems (beyond specified updates), or general wear and tear not explicitly addressed.
Partial Roof Replacement: Only the roof above the kitchen was replaced, implying the rest of the roof's age and condition are unknown, which could represent a future maintenance or replacement expense for a buyer.
Limited Central Air Conditioning: The description only mentions a combination A/C/Heat wall unit in the finished garage, suggesting the main living areas may lack central air conditioning, which could be a significant drawback during Woodland Hills' hot summer months.
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