6437 Penfield Avenue, Los Angeles, California 91367, Los Angeles, 91367 - 4 bed, 2 bath
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6437 Penfield Avenue
Los Angeles, California 91367
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,354Sq Ft
7,583Lot Size
Property Price
LIST PRICE$749,000
EST. MARKET VALUE
$772,385
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $749,000—positioned well below the $772,386 Fair Market Value by 3%. This valuation gap offers $23,386 in Instant Equity for buyers willing to execute a renovation plan. Featuring a Condition Rating of 5, the home requires a full rehab, yet its Mid-Century Architectural Appeal and 7,583 sqft lot provide significant upside. This is a value-add acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project in Woodland Hills.
Estimated Market Value
$772,385+$23,385 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 6437 Penfield Avenue Subject | $749,000* List Price | 4 | 2 | 1,354 | $570 | - |
A 6533 Lubao Avenue Sold | $940,000 | 4 | 2 | 1,449 | $649 | 0.1 mi |
B 6415 Corbin Sold | $840,000 | 3 | 2 | 1,482 | $567 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1957 with no significant recent renovations, this property is in need of a full rehab. The kitchen features dated oak cabinetry and tile from several decades ago, while the interior shows significant wear including damaged hardwood floors, popcorn ceilings, and distressed wall surfaces.
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 = 7583, living area = 1354.
- Mid-Century Architectural Appeal
The home features classic 1957 ranch architecture, including original hardwood floors and a signature wall of glass, providing a highly sought-after foundation for a modern restoration.
- Desirable Woodland Hills Location
Situated in a prime subdivision minutes from the 101 Freeway, the property offers excellent accessibility and resides in a neighborhood known for its strong mid-century roots and character.
CONSRISKS & DEFICIENCIES
- Significant Renovation Needed
The property is sold in its original, unpolished state and 'as-is' condition, necessitating a substantial budget and timeline for repairs and modernization.
- Probate Sale Complexity
As a probate sale subject to court confirmation and potential overbidding, the transaction process may be more lengthy and unpredictable than a standard residential sale.
About 6437 Penfield Avenue
Some houses tell you exactly what they should become. This one leaves the decision to you. Set in a great subdivision of Woodland Hills, minutes from the 101 Freeway, this 1957 single-story home has the bones buyers spend years trying to find: a simple mid-century ranch profile, original hardwood floors, a broad wall of glass connecting the living space to the backyard, four bedrooms, two bathrooms, and an attached two-car garage. The home offers approximately 1,354 square feet on an approximately 7,581-square-foot lot, with a deep yard, mature trees, and room to create an outdoor life around the house. It is not presented as finished or polished. It is an honest opportunity to restore what is worth keeping, redesign what is not, and shape a home with real character in a Woodland Hills neighborhood known for its mid-century roots. Probate sale, subject to court confirmation and possible overbid. Sold as-is.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 7,583 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,354 | 1,664.159 |
| Lot Size | 7,583 | 6,066.556 |
| Price | $749.0K | $1.35M |
| Price per sq ft | $553 | $806 |
| Built year | 1957 | 1939 |
| HOA | $0 | $278 |
| Days on market | 13 | 55 |
Pricing History
Listed for Sale
Aug 27, 2026
$749,000
Initial Listing