5473 Penfield, Woodland Hills, CA 91364 - Photo 1 of 1, Woodland Hills, CA
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$1,199,950

5473 Penfield, Woodland Hills, CA 91364

Rodeo Realty
3Beds
3Baths
1,715Sq Ft
2Parking
1951Built
0Days Listed

About This Property

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!

Property Details

Property Type
Detached
Bedrooms
3
Bathrooms
3
Building Area
1,715 Sqft
Living Area
1,715 sqft
Year Built
1951
Stories
1.0
Status
Active
Days on Market
0
Cumulative Days on Market
1
Original Price
$1,199,950

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Woodland Hills Market Snapshot

205

Active Listings

$1.3M

Median Price

53

Avg Days on Market

Last updated: May 28, 2026

Listed by

Matthew Wildstein, Rodeo Realty · 818-282-5279

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information 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.

$1,199,950