Active

5237 Topanga Canyon Boulevard

Woodland Hills CA, 91364

$2,495,000


$711.84 per sqft

Active

7 Beds

6 Baths

3,505 sqft

Multi-family

Built in 1963

Listed by Bobby Karami with Rodeo Realty 818-581-6608

Rare south of the boulevard fully occupied 3 unit rental property with huge upside and growth potential. Discover this exceptional investment opportunity in the highly sought-after area of Woodland Hills, located south of Ventura Blvd. This beautifully updated property features a unique combination of a duplex with an additional ADU and a spacious 3 car garage. Unit A) situated on the first floor, boasts 3 bedrooms and 2.5 bathrooms spread across approximately 1,638 square feet with spacious front and back yard space. Unit B) located above the garage, offers 3 bedrooms and 1.5 bathrooms with approximately 1,075 square feet of living space. Unit C) a spacious ADU on the first floor, includes 1 bedroom and 1 bathroom within approximately 792 square feet and has its own private entrance, yard and garden. Each unit has been tastefully remodeled with high-quality materials, featuring amenities such as individual washer/dryer units, built-in BBQ in the back patio area, and efficient tankless water heaters. Conveniently located within walking distance to Warner Center Park and "The Village" in Woodland Hills, residents will enjoy easy access to local amenities including Starbucks, dining options, and entertainment venues along Ventura Blvd. The property is situated within a mile of the booming Warner Center district which houses the Village and the Westfield Topanga Mall which encompass almost 400 shops, restaurants, and personal service businesses. Future plans for the area include a new Los Angeles Rams practice facility, a massive $1.5 billion dollar development of a mixed use Promenade, and a massive redevelopment of Warner Park into a commercial center. The property also offers quick access to the 101 Freeway, making commuting a breeze. Nature enthusiasts will appreciate being only a 15-minute drive from hiking trails, with stunning beaches just 20 minutes away. Ideal for generating rental income or accommodating multi-generational living, this property presents a rare opportunity in one of Woodland Hills' most desirable neighborhoods. Schedule your viewing today and seize the chance to own this versatile investment property.

SR24146089

MLS ID

July 20, 2024

Listed

August 30, 2024

Updated

Map

5237 Topanga Canyon Boulevard
Woodland Hills CA, 91364

Interior Features

Total Stories

2


Bedrooms

7


Total Bathrooms

6


Full Bathrooms

4


Half Bathrooms

2


Laundry Description

Inside


Fireplace

Yes


Fireplace Description

Family Room


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.2 Acres


Lot Features

Corner Lot, Level


Sewer

Public Sewer

School Information

School District

Los Angeles Unified

Other Property Details

Area Name

WHLL - Woodland Hills


Days on Market

33


Garage

Yes


Garage Spaces

3


Parking

Door-Multi, Garage


Parking Total

3


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR2

Listing Contact: 818-222-7707 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/30/2024 at 8:15 PM UTC

 

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