24244 Friar Street, Woodland Hills, California 91367, Woodland Hills, 91367 - 4 bed, 2 bath

24244 Friar Street, Woodland Hills, California 91367 home-pic-0
ACTIVE$1,199,000
24244 Friar Street, Woodland Hills, California 91367
4Beds
2Baths
1,610Sqft
7,384Lot
Year Built
1960
Close
-
List price
$1.2M
Original List price
$1.25M
Price/Sqft
$745
HOA
-
Days on market
-
Sold On
-
MLS number
SR25076304
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 39% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.20M(32th), sqft - 1610(19th), beds - 4(50th), baths - 2(39th).

Located in the heart of Woodland Hills, one of Los Angeles' most desirable neighborhoods, this beautifully remodeled home offers a perfect blend of modern luxury and California living. Renovated in 2024, every detail has been thoughtfully crafted, featuring 4 spacious bedrooms, 2 stunning bathrooms with high-end finishes, an open-concept living area filled with natural light, and a gourmet kitchen with granite countertops and premium cabinetry. The home boasts several premium upgrades, including a brand-new roof, energy-efficient windows, and fresh exterior paint that enhances its curb appeal. The garage is currently used as a home gym but can easily be converted back to parking or offers potential for an ADU conversion for extra income or multigenerational living (subject to city approval). Situated on a peaceful, tree-lined street, the property is just minutes from top-rated schools, upscale shopping at The Village, and Ventura Blvd’s vibrant dining scene, offering the best of Woodland Hills living. Homes in this neighborhood don't last long—schedule your private tour today!

Condition Rating
Excellent

This property was extensively renovated in 2024, making it virtually new. The kitchen features modern white cabinetry, granite countertops, stainless steel appliances, and contemporary lighting. Both bathrooms are stunning with high-end finishes, including modern vanities, sleek tiling, and updated fixtures. The home also boasts new wood-look flooring throughout, recessed lighting, a brand-new roof, and energy-efficient windows, indicating a comprehensive and high-quality renovation that meets current standards.
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 = 7384, living area = 1610.
Extensive Recent Renovation: The home was beautifully remodeled in 2024 with thoughtful craftsmanship, featuring stunning bathrooms with high-end finishes and a gourmet kitchen with granite countertops and premium cabinetry, offering modern luxury.
Significant Capital Upgrades: Key structural and efficiency upgrades include a brand-new roof, energy-efficient windows, and fresh exterior paint, reducing immediate maintenance concerns for a buyer.
ADU Potential & Garage Versatility: The garage offers flexible use as a home gym, potential for easy conversion back to parking, or a valuable opportunity for an ADU conversion to generate extra income or accommodate multigenerational living (subject to city approval).
Prime Woodland Hills Location: Situated in a highly desirable Woodland Hills neighborhood on a peaceful, tree-lined street, the property is minutes from top-rated schools, upscale shopping at The Village, and Ventura Blvd's vibrant dining scene.
Open Concept & Natural Light: The open-concept living area is filled with natural light, creating a warm, inviting, and modern ambiance that is highly sought after by today's buyers.

Cons

Potential Overpricing & Price Adjustment: The property has already undergone a price reduction from its original list price of $1,249,000 to $1,199,000, and the internal property estimation is significantly lower at $728,721, suggesting potential market resistance or an aggressive initial pricing strategy.
Smaller Square Footage Compared to Comps: At 1610 sqft, the property is on the smaller side compared to several recently sold 4-bedroom comparable properties in the immediate vicinity (e.g., 1889 sqft, 1898 sqft) that achieved similar or lower sale prices.
Limited Outdoor Amenities Described: The property description lacks specific details regarding significant outdoor living features such as a fully landscaped backyard, dedicated patio space, or a pool, which are often highly valued in the California market and present in some comparable properties.

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