Listing provided courtesy of Matthew Wildstein of Rodeo Realty. Last updated 2026-05-30 08:19:22.000000. Listing information © 2026 CRMLS.

Asking Price: $1,199,950

5473 Penfield, Woodland Hills CA 91364

Community: ​WHLL - Woodland Hills

Status: Active


This Single Family Residence property was built in 1951 and is priced at $1,199,950. Please see the additional details below.
  • 1,715 Sq Ft
  • 3 bathrooms
  • 3 bedrooms
  • MLS#: 436245645
  • Type: Single Family Residence
  • Year Built: 1951
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!

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600