5473 Penfield

  • $1,199,950
Woodland Hills, California
Active
5473 Penfield
Woodland Hills, California
  • $1,199,950

Overview

  • Residential
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Garages
  • 1715
  • Sqft
  • 757025
  • Property ID

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!

Details

Updated on May 31, 2026 at 5:43 am
Listed by Matthew Wildstein, Rodeo Realty
  • Property ID: 757025
  • Price: $1,199,950
  • Property Size: 1715 Sqft
  • Land Area: 11263 Square Feet
  • Bedrooms: 3
  • Bathrooms: 3
  • Garages: 2
  • Year Built: 1951
  • Property Type: Residential
  • Property Status: Active

Features

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