5473 Penfield, Woodland Hills, CA 91364

$1,057,000
3
BD
3
BA
1,715
SqFt

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Sold Price
$1,057,000
List Price
$1,199,950
Closing Date
Jun 15, 2026
Status
CLOSED
MLS#
SR26115928
Year Built
1951
Bedrooms
3
Bathrooms
3
Living Sq. Ft
1,715
Lot Size
11,263
Acres
0.26
Days on Market
5
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level

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 find—don’t miss this unique investment opportunity!

Additional Information

Pool
Yes
Pool Description
Private
Fireplace Description
Living Room
Heat
None
Cooling Description
None
View
None
Patio
Deck
Garage Spaces Total
2
Sewer
Unknown
Water
Public
School District
Los Angeles Unified
Interior Features
All Bedrooms Down, Galley Kitchen
Attached Structure
Detached
Number Of Units Total
1

Listing courtesy of Listing Agent: Matthew Wildstein (mattwildrealestate@gmail.com) from Listing Office: Rodeo Realty.

Listing sold by Matthew Wildstein from Rodeo Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.