5473 Penfield, Woodland Hills, CA

$1,199,950

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3

Beds

3

Baths

1,715

Square feet

0.26

Acres

About 5473 Penfield

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 finddont miss this unique investment opportunity!

Features of 5473 Penfield

MLS® # SR26115928
Price $1,199,950
Bedrooms 3
Bathrooms 3.00
Full Baths 3
Square Footage 1,715
Acres 0.26
Year Built 1951
Type Residential
Sub-Type Detached
Status Closed

Community Information

Address 5473 Penfield
Area WOODLAND HILLS (91364)
City Woodland Hills
County Los Angeles
State CA
Zip Code 91364

Amenities

Parking Spaces 2
# of Garages 2
View N/K
Is Waterfront No
Has Pool Yes
Pool Private

Interior

Heating N/K
Cooling N/K
Fireplace Yes
Fireplaces FP in Living Room
# of Stories 1
Stories 1 Story

Additional Information

Date Listed May 28th, 2026
Days on Market 5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRodeo Realty

Listing Map

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