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Reza Lashkari

reza@llhomesteam.com +1(949) 826-8100

$ 1,699,000

Est. payment | -/mo

3 Beds

2 Baths

1,722 SqFt

Save

$ 1,699,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,722 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,722 sqft

Price per Sqft $986

MLS Listing ID SR26228010

Bedrooms 3

Full Baths 2

Construction Status Fixer

HOA Y/N No

Year Built 1952

Lot Size 0.437 Acres

Property Sub-Type Single Family Residence

Property Description

Rare development opportunity in the heart of Walnut Acres! Situated on an expansive, nearly half-acre flat corner lot spanning over 19,000 square feet, this exceptional property offers incredible possibilities for builders, developers, and end users looking to create something special in one of Woodland Hills' most desirable neighborhoods. With its generous dimensions, flat topography, and prime corner location, the property presents an outstanding opportunity to build a spectacular custom estate with a resort-style backyard, swimming pool, guest house, and ADU, or explore the potential for multiple residences under California's SB 9 housing law, subject to eligibility and city approval. The existing 1952 residence and detached two-car garage provide a starting point for a complete transformation or an entirely new vision. Architectural plans for a new custom home will be available shortly and may be provided to interested buyers. Surrounded by impressive new construction and beautifully renovated estates, Walnut Acres continues to attract homeowners and developers seeking larger parcels and luxury residential opportunities. Adding to the area's appeal is the exciting transformation of nearby Warner Center, including the Los Angeles Rams' headquarters and the proposed 52-acre Rams Village development, featuring new dining, shopping, entertainment venues, parks, and public gathering spaces. Conveniently located near Walnut Acres Elementary and Woodlake Elementary Community Charter, neighborhood parks, shopping, dining, and everything Woodland Hills has to offer. Whether you're looking to build your dream estate or explore a multi-home development, opportunities with this much flat land in Walnut Acres are increasingly rare. Buyer to independently verify zoning, SB 9 eligibility, subdivision potential, ADU allowances, permits, and all development possibilities with the appropriate authorities.

Location

State CA

County Los Angeles

Area Whll - Woodland Hills

Rooms

Main Level Bedrooms 3

Interior

Interior Features Beamed Ceilings, Cathedral Ceiling(s), Eat-in Kitchen, Open Floorplan, Tile Counters, Track Lighting, Unfurnished, Primary Suite

Heating Central, Fireplace(s)

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Laminate, Tile

Fireplaces Type Family Room, Living Room

Fireplace Yes

Appliance Dishwasher, Gas Oven, Gas Range

Laundry Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Parking Features Concrete, Direct Access, Driveway, Garage, On Street

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Hiking, Street Lights, Sidewalks, Park

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

View Y/N No

View None

Accessibility None

Porch Rear Porch, Concrete, Front Porch, Open, Patio, Porch

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Lawn, Near Park, Walkstreet, Yard

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Construction Status Fixer

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2041006001

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by George Ouzounian The Agency 818-900-4259, DRE #01948763

NEARBY SCHOOL & BUSINESS

+1(949) 826-8100

reza@llhomesteam.com

23201 Califa ST Woodland Hills, CA 91367