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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
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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