22919 Leonora Drive, Woodland Hills, California 91367, Woodland Hills, 91367 - bed, bath

22919 Leonora Drive, Woodland Hills, California 91367 home-pic-0
ACTIVE$1,850,000
22919 Leonora Drive, Woodland Hills, California 91367
0Bed
0Bath
2,464Sqft
9,190Lot
Year Built
1948
Close
-
List price
$1.85M
Original List price
$1.9M
Price/Sqft
$751
HOA
-
Days on market
-
Sold On
-
MLS number
SR25051656
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 41% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.85M(80th), sqft - 2464(60th), beds - undefined(1th), baths - undefined(1th).

This one-of-a-kind property presents a rare opportunity to acquire TWO DWELLINGS on a huge lot in a highly desirable neighborhood. Situated within WALKING DISTANCE of a vibrant section of Ventura Boulevard, residents will have access to a diverse culinary scene, featuring an array of SHOPS and acclaimed RESTAURANTS serving cuisines from all over the world. The MAIN HOUSE, spanning 1625 ft.², features 4 BEDROOMS and 2 BATHROOMS, an OPEN FLOOR PLAN, and a spacious master suite with a slider leading to the courtyard. The chef's kitchen, boasting a large ISLAND with SEATING for 5, is ideal for entertaining. The 839 ft.² ADU provides a complete living space independent of the main house, with 3 BEDROOMS, 2 BATHROOMS, a separate yard space, SEPARATE ELECTRIC METER, and its OWN ADDRESS. Both homes are thoughtfully designed with full and three-quarter bathrooms, WALK-IN SHOWERS, semi-custom kitchen cabinets, high-end appliances, QUARTZ countertops, TANKLESS WATER HEATER, and private yards. Convenient features include a CIRCULAR DRIVEWAY for the main house and a long driveway for the ADU, ensuring ample off-street parking. The main house's expansive backyard offers privacy, MATURE FRUIT TREES, and plenty of space for a pool. The ADU features a patio/porch and a yard with room for children to play and potentially a jacuzzi. All assigned public schools boast an 8+ rating on GreatSchools.org. This versatile property caters to diverse needs, offering ample space for multigenerational families, those seeking income potential, or transitional housing for those waiting to rebuild their lost homes. Both homes have NEW WINDOWS, NEW ROOFS, NEW PLUMBING, NEW HVAC systems, and NEW smooth STUCCO. Almost like new construction! A property like this comes along once in a great while, don’t miss it!

Condition Rating
Excellent

Despite being built in 1948, this property has undergone an extensive, top-to-bottom renovation described as 'almost like new construction.' Both the main house and ADU feature new windows, roofs, plumbing, HVAC systems, and smooth stucco. The kitchens boast semi-custom cabinets, high-end appliances, and quartz countertops, while bathrooms include modern walk-in showers and stylish finishes, all indicative of recent, high-quality updates. The interior images confirm new flooring, recessed lighting, and a contemporary aesthetic throughout, aligning perfectly with the 'excellent' criteria for a fully renovated property with virtually new components and no deferred maintenance.
Pros & Cons

Pros

Dual Dwellings & Versatility: This unique property features two independent dwellings (main house + ADU with separate address and electric meter), offering exceptional flexibility for multi-generational living, significant rental income potential, or dedicated guest/office space.
Extensive Modern Renovations: Described as 'almost like new construction,' both homes have undergone comprehensive renovations including new windows, roofs, plumbing, HVAC systems, and smooth stucco, ensuring modern comfort and minimal immediate maintenance.
Prime Location & Walkability: Situated in a highly desirable Woodland Hills neighborhood, the property is within walking distance to the vibrant Ventura Boulevard, providing easy access to diverse shops, acclaimed restaurants, and a lively culinary scene.
Excellent School District: All assigned public schools boast an 8+ rating on GreatSchools.org, making this an attractive option for families prioritizing quality education.
Ample Parking & Private Outdoor Spaces: The property offers convenient parking with a circular driveway for the main house and a long driveway for the ADU. Both homes feature private yards, with the main house offering expansive space for a pool and mature fruit trees.

Cons

Significant Price Discrepancy: The listing price of $1.85M is substantially higher (41% above) the estimated property value of approximately $1.07M, which may indicate overpricing and could deter potential buyers or prolong market time.
Older Original Construction Year: Despite extensive renovations, the original construction year of 1948 means the underlying structure is older, which some buyers might perceive as a potential concern regarding foundation or original layout, even with updated systems.
Lack of Existing Pool: While the main house backyard offers 'plenty of space for a pool,' there is no existing pool. For a property at this price point in Southern California, the absence of a ready-to-use pool may be a drawback, requiring additional investment and construction.

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