23325 Bessemer Street, Woodland Hills, California 91367, Woodland Hills, 91367 - 4 bed, 3 bath

23325 Bessemer Street, Woodland Hills, California 91367 home-pic-0
ACTIVE$1,299,000
23325 Bessemer Street, Woodland Hills, California 91367
4Beds
3Baths
2,282Sqft
10,994Lot
Year Built
1963
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$569
HOA
-
Days on market
-
Sold On
-
MLS number
225005666
Home ConditionPoor
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.30M(43th), sqft - 2282(52th), beds - 4(50th), baths - 3(50th).

For the first time in over 60 years, this historic Walnut Acres gem is hitting the market. Tucked along the highly sought-after Bessemer Street, this home has been lovingly held by the same family for decades -- a true rarity in one of Woodland Hills' most iconic neighborhoods. Set on a spacious lot surrounded by mature trees and long-established estates, the property carries its original mid-century charm, offering buyers an opportunity to preserve its character or reimagine it entirely. The layout is functional and filled with natural light, with endless potential to expand, modernize, or build a custom dream home. Walnut Acres is known for its large lots, quiet rural-suburban feel, top-rated schools, and long-term community roots. You're minutes from The Commons at Calabasas, Ventura Blvd's restaurants, Topanga Social, Westfield Topanga, and everything that makes this pocket so desirable. A once-in-a-generation offering in a neighborhood where homes rarely change hands -- this Bessemer Street property is a timeless piece of Woodland Hills history with unlimited future potential.

Price History

Date
Event
Price
11/16/25
Listing
$1,299,000
Condition Rating
Poor

Built in 1963, this property is over 60 years old and shows clear signs of significant deferred maintenance and outdated features. The kitchen features highly dated white tile countertops, old white appliances (including a double oven), and an extremely dated wallpaper border and light fixtures, indicating a renovation that is likely 30-50+ years old or original. Bathrooms also exhibit very dated tile, vanities, mirrors, and wallpaper. Carpets appear worn, and light fixtures throughout the home are outdated. The MLS description itself highlights 'Age of Property & Systems' as a weakness, suggesting major systems require significant upgrades, and that the property 'Requires Substantial Renovation Investment.' While the structure appears sound, the interior condition, particularly the kitchen and bathrooms, necessitates a complete overhaul, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10994, living area = 2282.
Prime Location & Exclusivity: Located on the highly sought-after Bessemer Street in Walnut Acres, a historically significant and iconic neighborhood where homes rarely become available, offering a 'once-in-a-generation' opportunity.
Significant Development Potential: Offers endless potential for buyers to expand, modernize, or build a custom dream home, allowing for complete reimagination or preservation of its original mid-century character.
Desirable Neighborhood Attributes: Walnut Acres is renowned for its large lots, quiet rural-suburban feel, top-rated schools, and strong community roots, enhancing long-term value and lifestyle.
Spacious Lot & Mature Setting: Set on a generous 10,994 sqft lot, surrounded by mature trees and established estates, providing privacy and a prestigious ambiance.
Mountain Views & Natural Light: The property boasts desirable mountain views and a functional layout filled with abundant natural light, contributing to a pleasant living environment.

Cons

Age of Property & Systems: Built in 1963, the home is over 60 years old, suggesting that major systems (plumbing, electrical, HVAC) may be original or outdated and require significant upgrades.
Requires Substantial Renovation Investment: While offering potential, the property likely requires considerable financial investment for modernization and renovation to meet contemporary standards and buyer expectations.
Implied As-Is Condition: The description's emphasis on 'preserving character' or 'reimagining entirely' for an older home implies it may not be turn-key and could be sold in an as-is condition, necessitating buyer due diligence.

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