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!
Sold for $1,057,000
Listed by: Rodeo Realty • Matthew Wildstein • Contact: 818-349-9997
Bought with: Rodeo Realty
$1,057,000
5473 Penfield Ave, Woodland Hills, CA 91364
3beds
1,715sqft
Single Family Residence
Built in 1951
0.26 Acres Lot
$1,052,700 Zestimate®
$616/sqft
$7,011 Estimated rent
Home value
$1,052,700
$958,000 - $1.16M
$7,011/mo
Zestimate® history
Owner options
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$7,011/mo
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$7,011/mo
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$6,725/mo
Est. payment
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$6,725/mo
Est. payment
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List your homeWhat's special
Single-story pool homeSubstantial lot size
Zillow last checked:
Listing updated:
Listed by:
Matthew Wildstein DRE #01496266 818-282-5279,
Rodeo Realty
Bought with:
Matthew Wildstein, DRE #01496266
Rodeo Realty
Source: CRMLS,MLS#: SR26115928
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Kitchen, Living Room
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Separate Shower, Tub Shower
Kitchen
- Features: Tile Counters
Kitchen
- Features: Galley Kitchen
Heating
- None
Cooling
- None
Appliances
- Laundry: In Garage
Features
- All Bedrooms Down, Galley Kitchen
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,715 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Deck
- Has private pool: Yes
- Pool features: Private
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 0.26 Acres
Details
- Parcel number: 2166003002
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & HOA
Community
- Features: Suburban
Location
- Region: Woodland Hills
Financial & listing details
- Price per square foot: $616/sqft
- Tax assessed value: $140,967
- Date on market: 5/28/2026
- Cumulative days on market: 5 days
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Sold | $1,057,000-11.9%$616/sqft |
Source:  CRMLS #SR26115928 Report a problem | ||
| 6/3/2026 | Pending sale | $1,199,950$700/sqft |
Source: CRMLS #SR26115928 Report a problem | ||
| 2/9/2012 | Listing removed | $2,600$2/sqft |
Source: Duggan Property Management, Inc. #F12004933 Report a problem | ||
| 1/18/2012 | Listed for rent | $2,600$2/sqft |
Source: Duggan Property Management, Inc. #F12004933 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $140,967 +2% |
| 2025 | $2,048 +1.3% | $138,204 +2% |
| 2024 | $2,021 +1.6% | $135,495 +2% |
| 2023 | $1,989 +4.3% | $132,840 +2% |
| 2022 | $1,908 +1.6% | $130,236 +2% |
| 2021 | $1,877 -0.7% | $127,683 +1% |
| 2020 | $1,890 | $126,375 +2% |
| 2019 | $1,890 +12.4% | $123,898 +2% |
| 2018 | $1,681 | $121,469 +2% |
| 2017 | $1,681 +2.2% | $119,088 +2% |
| 2016 | $1,645 +3.5% | $116,754 +1.5% |
| 2015 | $1,591 +0.2% | $115,001 +2% |
| 2014 | $1,587 | $112,750 +2.5% |
| 2012 | -- | $110,042 +2% |
| 2011 | -- | $107,886 +0.8% |
| 2010 | -- | $107,081 -0.2% |
| 2009 | -- | $107,336 +2% |
| 2008 | -- | $105,233 +2% |
| 2007 | -- | $103,170 +2% |
| 2006 | -- | $101,148 |
| 2005 | -- | $101,148 +4% |
| 2004 | -- | $97,222 +1.9% |
| 2003 | -- | $95,441 +2% |
| 2002 | -- | $93,570 +4% |
| 2000 | -- | $89,939 |
Find assessor info on the county website
Neighborhood: Woodland Hills
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Nearby schools
GreatSchools rating
- 8/10Wilbur Charter For Enriched AcademicsGrades: K-5Distance: 1.4 mi
- 4/10Woodland Hills Charter AcademyGrades: 6-8Distance: 1 mi
- 9/10Taft Charter HighGrades: 9-12Distance: 0.2 mi
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Estimated market value
$1,052,700
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Estimated market value
$1,052,700
- California
- Los Angeles County
- Los Angeles
- 91364
- Woodland Hills
- 5473 Penfield Ave
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