Rare south of the boulevard fully occupied 3 unit rental property with huge upside and growth potential. Discover this exceptional investment opportunity in the highly sought-after area of Woodland Hills, located south of Ventura Blvd. This beautifully updated property features a unique combination of a duplex with an additional ADU and a spacious 3 car garage. Unit A) situated on the first floor, boasts 3 bedrooms and 2.5 bathrooms spread across approximately 1,638 square feet with spacious front and back yard space. Unit B) located above the garage, offers 3 bedrooms and 1.5 bathrooms with approximately 1,075 square feet of living space. Unit C) a spacious ADU on the first floor, includes 1 bedroom and 1 bathroom within approximately 792 square feet and has its own private entrance, yard and garden. Each unit has been tastefully remodeled with high-quality materials, featuring amenities such as individual washer/dryer units, built-in BBQ in the back patio area, and efficient tankless water heaters. Conveniently located within walking distance to Warner Center Park and "The Village" in Woodland Hills, residents will enjoy easy access to local amenities including Starbucks, dining options, and entertainment venues along Ventura Blvd. The property is situated within a mile of the booming Warner Center district which houses the Village and the Westfield Topanga Mall which encompass almost 400 shops, restaurants, and personal service businesses. Future plans for the area include a new Los Angeles Rams practice facility, a massive $1.5 billion dollar development of a mixed use Promenade, and a massive redevelopment of Warner Park into a commercial center. The property also offers quick access to the 101 Freeway, making commuting a breeze. Nature enthusiasts will appreciate being only a 15-minute drive from hiking trails, with stunning beaches just 20 minutes away. Ideal for generating rental income or accommodating multi-generational living, this property presents a rare opportunity in one of Woodland Hills' most desirable neighborhoods. Schedule your viewing today and seize the chance to own this versatile investment property.
Property Details
Property Features
Property Information:
Year Built: 1963
Stories: 2
Living Area: 3,505 SqFt
Listing Office:
Office Name: Rodeo Realty
Office Phone: (818) 581-6608
Listing Agent: Bobby Karami
Interior Features
Interior Information:
Fireplace: Family Room
Bedroom and Bathroom Information:
Partial Bathrooms: 2
Full Bathrooms: 4
Total Bedroom Count: 7
Exterior Features
Exterior Information:
Private Pool: No
View: None
Parking Information:
Garage Space: 3 spaces
Attached Garage: Yes
Parking: Door-Multi, Garage
Lot Features
Lot Information:
Lot: Corner Lot, Level
Lot Size: 0.20 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: South of Ventura Blvd.
Price Information
Listing Price Info
Price Summary:
List Price: $2,395,000
Price Per SqFt: $683/SqFt
Tax Information:
Annual Amount: $15,147
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $1.3M more than the Median Sold Price and $42/SqFt more than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SR24230787
Listing Office:
Office Name: Rodeo Realty
Office Phone: (818) 581-6608
Listing Agent: Bobby Karami
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 10:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 28, 2018
Feb 28, 2018Home Sold
$1,125,000
Aug 18, 2016
Aug 18, 2016Home Sold
$875,000
Jun 23, 2006
Jun 23, 2006Home Sold
$810,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$15,147
$1,238,843
2020
$14,699
$1,226,141
2019
$11,145
$1,202,100
2018
$10,906
$892,500
2017
$10,906
$875,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Woodland Hills Elementary Charter
22201 San Miguel St
Distance between this listing and this school0.51 miles
Public Charter Grades KG-5
6
/10
Serrania Avenue Charter for Enriched Studies
5014 Serrania Ave
Distance between this listing and this school1.08 miles
Public Charter Grades KG-5
8
/10
Calabash Charter Academy
23055 Eugene St
Distance between this listing and this school1.46 miles
Public Charter Grades KG-5
Nearby Schools
4
/10
Woodland Hills Academy
20800 Burbank Blvd
Distance between this listing and this school1.20 miles
Public District Grades 6-8
6
/10
Alice C. Stelle Middle School
22450 Mulholland Hwy
Distance between this listing and this school1.64 miles
Public District Grades 6-8
6
/10
Hale Charter Academy
23830 Califa St
Distance between this listing and this school2.41 miles
Public Charter Grades 6-8
Nearby Schools
6
/10
Ivy Academia
5975 Shoup Ave
Distance between this listing and this school1.01 miles
Public Charter Grades KG-12
8
/10
Taft Charter High School
5461 Winnetka Ave
Distance between this listing and this school2.00 miles
Public Charter Grades 9-12
2
/10
Henry David Thoreau Continuation
5429 Quakertown Ave
Distance between this listing and this school2.07 miles
The neighbors living near this home have an average income of $83,409. Most Los Angeles, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 5237 Topanga Canyon Blvd in Woodland Hills, CA and zip code 91364 in the The San Fernando Valley neighborhood. This 3,505 square foot home, which was built in 1963, sits on a 0.20 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $2,395,000.
Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.
From Rocket Homes Real Estate and based on county public records data.