5473 Penfield, Woodland Hills, CA 91364
List Price: $1.2M
Listing Status: Active
0Days on Market: 3
3 Bedrooms · 3 Bathrooms · 1,715 sq ft
Property Type: Residential
Year Built: 1951
Lot Size: 11,263 sq ft
Garage Spaces: 2
Private Pool: Yes
MLS Number: SR26115928
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 find—don’t miss this unique investment opportunity!
Listing provided by: Matthew Wildstein DRE #01496266 818-349-9997 mattwildrealestate@gmail.com, Rodeo Realty
Source: CRMLS, MLS #: SR26115928
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.