5473 Penfield, Woodland Hills, CA 91364

• 3 beds |
• 3 baths |
• 1,715 sqft

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 finddont miss this unique investment opportunity!

Listing Status:

Active

Date Added:

May 28, 2026

Data Last Updated:

June 1, 2026 at 12:12AM

Listing Office:

Rodeo Realty : 818-349-9997

Listing Agent:

Matthew Wildstein : 818-282-5279

MLS ID:

SR26115928

Interior

• A/C: N/K
• Heating: N/K
• Fireplace: FP in Living Room

Exterior

• General: N/K
• Pool: Private
• Parking: Parking spaces: 2

Construction

• General: 1

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: 2166003002
• View: N/K

Utilities

• Water: Public
• Sewer: Unknown

Financial

• Source: California Regional MLS