5237 Topanga Canyon Boulevard, Woodland Hills, CA 91364

$2,075,000
7
BD
6
BA
4,145
SqFt

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List Agent Bobby Karami () 818-222-7707 Rodeo Realty; CoList () Courtesy of Selling Office: Arora Realty, Balbir Arora - Selling Agent DRE# and Courtesy of Listing Office Rodeo Realty, Bobby Karami - Agent DRE#

Sold Price
$2,075,000
List Price
$2,395,000
Closing Date
Feb 13, 2025
Status
CLOSED
MLS#
SR24230787
Year Built
1963
Bedrooms
7
Bathrooms
6
Living Sq. Ft
4,145
Lot Size
8,808
Lot Location
Corner Lot, Level
Days on Market
48
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Levels

Property Description

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.

Additional Information

Pool Description
None
Fireplace Description
Family Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.