5308 Woodlake Ave, Woodland Hills, CA 91367

3 beds1 bath1,080 sqft

For Sale
$499,000
Price cut: -$20,000 (2/9)
Zestimate®: $528,681
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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My Notes

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Investor alert or fix up for yourself! One-of-a-kind opportunity to buy into highly desirable Walnut Acres at the lowest entry-level price. This well-situated major-fixer or tear-down provides you with a place to build your dream home! Fix up or add SF; fully gated yard with mature trees & landscaping; zoned for all 3 highly desirable award-winning schools all recently charter & ranked among the highest schools in the state including El Camino High School! Easy Ventura freeway access with on and off ramps just down the street. Plus, all of the west valley shopping venues are close: Calabasas Commons, Fallbrook Center, Westfield Promenade and Topanga Malls. And in just a short while, the new Village connecting the Promenade with Topanga.Working in Warner Center is a short commute and the beaches of Malibu, Santa Monica and Zuma are an exhilarating ride through the mountains on Topanga Canyon Blvd. This property is being sold as is with the understanding that the price has already been adjusted for the condition, configuration, features and size of the house. This price good until 2/22/15, at which time it will be withdrawn from the market and undergo a complete remodel. Act now or this deal goes away! 

What I love about the home

Great neighborhood. Adjacent to Walnut Acres. Close to best malls: Commons, Fallbrook. Promenade and Topanga.
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Facts

  • Lot: 4,806 sqft
  • Single Family
  • Built in 1961
  • 38 days on Zillow
  • Cooling: Central
  • Heating: Other
  • Last sold: Jul 2004 for $475,000
  • Price/sqft: $462
  • MLS #: SR15016526

Features

  • Flooring: Other
  • Parking: Garage - Attached, 6 spaces
  • Patio
  • Porch

    Room Types

    • Breakfast nook
    • Dining room
    • Family room

    Construction

    • Exterior material: Stucco
    • Roof type: Other
    • Room count: 6
    • Stories: 1
    • Structure type: Other
    • Unit count: 1

    Other

    • Floor size: 1,080 sqft
    • Heating: None
    • Last remodel year: 1961
    • Laundry: None
    • Lot depth: 75
    • Parcel #: 2042010055
    • Zillow Home ID: 19879466

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $528,681
    +$1,049 Last 30 days
    $486K
    $587K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $2,415/mo
    +$49 Last 30 days
    $1.8K
    $2.8K
    Zestimate range
    Zestimate forecast
    $XXX,XXX
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    Comparable Homes

    Homes like this sold for $426-569K.

    $370K
    $630K

    Popularity on Zillow

    Trending! This home is one of the top 10% most visited in the neighborhood this week.
    2,544 views since listing
    4,460 all-time (chart)
    13 shoppers saved
    this home to their list of favorites
     

    Home Expenses

    Internet, phone and TV
    Home security
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    Neighborhood

    Market guide

    Zillow predicts Woodland Hills home values will fall 1.1% next year, compared to a 0.2% increase for Los Angeles as a whole. Among Woodland Hills homes, this home is 30.1% less expensive than the midpoint (median) home, but is priced 26.6% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Woodland Hills, the number of foreclosures waiting to be sold is 5.2% higher than in Los Angeles, and 57.1% greater than the national average. This higher local number may prevent Woodland Hills home values from rising as quickly as other regions in Los Angeles.

    Learn more about forecast calculations or Woodland Hills home values.
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      For Sale

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      Nearby Schools in Los Angeles

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org