5473 Penfield, Woodland Hills, CA 91364
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$ 1,199,950
Est. payment | /mo

3 Beds

3 Baths

1,715 SqFt


Save
$ 1,199,950
Est. payment | /mo
Save

3 Beds

3 Baths

1,715 SqFt

Open House

Sun May 31, 1:00pm - 3:00pm

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

MLS Router / San Diego MLS
Listed by Matthew Wildstein, DRE#01496266 Rodeo Realty 

Nearby Locations

Gary Bradley

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(916) 893-9200

gary@avenurealestate.com

1715 R St #130 Sacramento, CA 95811

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5473 Penfield