5237 Topanga Canyon Boulevard

Woodland Hills, CA 91364

PRICE REDUCED

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-$100,000 (-4.01%)

$2,395,000

List Price

7

bed Beds

6

shower Baths

3,505 sqft

straighten / sqft

1963

calendar_month Built

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.

Listing Information

List Price $2,395,000
Status Active
MLS SR24146089
HOA $0
Type Residential
Subtype Triplex
Year Built 1963
Lot Size 8,808
Structure Size 3,505
DOM 79
Courtesy Of Rodeo Realty
Listing Agent Bobby Karami DRE#01222700

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms 7
Total Bathroom
Bathrooms 6
Fireplace Information
Features Family Room
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Bobby Karami, Rodeo Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 7th, 2024 at 11:19 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.