23528 Collins, Woodland Hills, California 91367, Woodland Hills, 91367 - 9 bed, 10 bath

23528 Collins, Woodland Hills, California 91367 home-pic-0
ACTIVE$3,995,000
23528 Collins, Woodland Hills, California 91367
9Beds
10Baths
5,831Sqft
19,296Lot
Year Built
1961
Close
-
List price
$4M
Original List price
$4M
Price/Sqft
$685
HOA
-
Days on market
-
Sold On
-
MLS number
SR25062796
Home ConditionExcellent
Features
Deck
Pool
Spa
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $4.00M(99th), sqft - 5831(98th), beds - 9(99th), baths - 10(99th).

THREE HOMES ON ONE LOT + JR. ADU WITH DETACHED POOL HOUSE/RECREATION ROOM: Private Gated Compound in Walnut Acres – Woodland Hills Located at the end of a long, gated private driveway on Collins Street—one of the few non-pass-through streets in the area—this extraordinary multi-unit estate sits in the heart of Walnut Acres, a neighborhood known for its large lots and beautiful tree-lined streets. The main house is a recently remodeled 3-bedroom, 3-bathroom home featuring modern upgrades and an open, functional layout. A detached ADU offers an additional 3 bedrooms and 3 bathrooms, perfect for extended family or rental income. Above the oversized garage sits a junior ADU with soaring ceilings and a massive private balcony, creating a spacious and airy retreat. Toward the rear of the property is another fully detached 2-bedroom, 3-bathroom home, offering further privacy and flexibility. There's also a detached recreation room complete with its own bathroom, ideal as a gym, office, or guest suite. Each unit is equipped with its own private washer and dryer, and every unit includes at least one designated parking space. The entire compound is gated and extremely private, with a resort-style outdoor area that includes a pool, jacuzzi, and built-in BBQ—perfect for entertaining or relaxing in your own private oasis. This is a rare opportunity to own a truly unique and versatile compound just minutes from the new Rams training facility, The Village, the newly remodeled Topanga Plaza, as well as a wide selection of shops, dining, parks, and entertainment. Whether you're seeking an income-producing property, a multigenerational estate, or a secluded retreat in one of Woodland Hills' most desirable pockets, this one-of-a-kind property delivers on all fronts.

Condition Rating
Excellent

Despite the original build year of 1961, the property has undergone extensive and very recent renovations across all its units, as explicitly stated for the main house ('recently remodeled') and visually confirmed by the images for all other units. The kitchens and bathrooms throughout are modern, featuring new white shaker/flat-panel cabinetry, stainless steel appliances, contemporary countertops, stylish backsplashes, and modern fixtures. Flooring is consistently light wood-look, and lighting is recessed or contemporary. The entire compound, including the resort-style outdoor areas, appears to be in virtually new condition with no visible deferred maintenance, meeting current quality standards.
Pros & Cons

Pros

Exceptional Income & Multi-Generational Potential: The property features three distinct homes plus a Junior ADU and a detached recreation room, offering unparalleled flexibility for rental income, multi-generational living, or a private compound.
Exclusive Gated Privacy: Situated at the end of a long, gated private driveway, the entire compound ensures extreme privacy and security, a highly desirable feature in urban settings.
Resort-Style Outdoor Living: A private resort-style outdoor area with a pool, jacuzzi, and built-in BBQ provides luxurious amenities for entertainment and relaxation.
Prime Walnut Acres Location: Located in the sought-after Walnut Acres neighborhood, known for large lots and tree-lined streets, with convenient access to major amenities like the Rams training facility, The Village, Topanga Plaza, dining, and entertainment.
Modernized Main Residence & Individual Unit Amenities: The main house has been recently remodeled with modern upgrades, and each unit benefits from its own private washer/dryer and designated parking, enhancing comfort and convenience.

Cons

High Initial Investment & Complex Management: The significant list price of nearly $4 million limits the buyer pool, and managing multiple distinct units could be complex, requiring considerable oversight for maintenance and potential tenant relations.
Age of Original Construction: Built in 1961, while the main house is remodeled, the age of the other structures and underlying infrastructure is not explicitly detailed as updated, potentially leading to unforeseen maintenance or upgrade costs.
Increased Maintenance & Utility Costs: A property of this scale with multiple structures, a pool, jacuzzi, and extensive grounds will inherently incur higher ongoing maintenance, repair, and utility expenses compared to a standard single-family home.

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