$1,199,950
Est. payment /mo
3 Beds
3 Baths
1,715 SqFt
Open Sun 1PM-3PM
5473 Penfield Woodland Hills, CA 91364
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Open House
Sun May 31, 1:00pm - 3:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,715 sqft
Price per Sqft $699
MLS Listing ID SR26115928
Bedrooms 3
Full Baths 3
Year Built 1951
Lot Size 0.259 Acres
Property Sub-Type Detached
Property Description
WOW!! Exceptional opportunity for investors, developers, and builders seeking a value-add project with significant upside potential! This single-story pool home is situated on an expansive 11,263 sq. ft. lot, offering outstanding redevelopment and investment possibilities. The property presents a rare opportunity for expansion, new construction, or income-producing development, including potential for an ADU, JADU, and possible SB 9 opportunities (buyer to verify with the City). Conveniently located near shopping, dining, schools, and easy freeway access, this property combines a desirable location with substantial lot size and strong development potential. The home does require several repairs and is likely best suited for cash buyers looking to maximize the property's value. Whether you are planning a renovation, lot split, multi-unit development, or long-term investment project, this property offers exceptional flexibility and opportunity. Large lots with this level of development potential are increasingly hard to finddont miss this unique investment opportunity!
Location
State CA
County Los Angeles
Direction From the west, take Ventura Blvd to Penfield (R) property on the right hand side
Interior
Fireplaces Type FP in Living Room
Fireplace No
Exterior
Garage Spaces 2.0
Pool Private
View Y/N Yes
Water Access Desc Public
Porch Deck
Total Parking Spaces 2
Building
Story 1
Sewer Unknown
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 2166003002
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Matthew Wildstein, DRE#01496266 Rodeo Realty
NEARBY SCHOOL & BUSINESS
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