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5254 Don Pio Drive, Woodland Hills, California 91364, Woodland Hills, 91364 - 7 bed, 4 bath

5254 Don Pio Drive, Woodland Hills, California 91364 home-pic-0
ACTIVE$1,770,000
5254 Don Pio Drive, Woodland Hills, California 91364
7Beds
4Baths
3,092Sqft
7,248Lot
Year Built
1977
Close
-
List price
$1.77M
Original List price
$2M
Price/Sqft
$572
HOA
-
Days on market
-
Sold On
-
MLS number
SR25011237
Home ConditionExcellent
Features
Excellent View: Panoramic
Deck
Spa
Patio
ViewPanoramic

About this home

Possibly Over-Priced:The estimated price is 55% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.77M(71th), sqft - 3092(72th), beds - 7(98th), baths - 4(68th).

Discover this unique listing featuring two stunning homes on one spacious lot, each with its own separate address, meters, and mailboxes, ensuring privacy and convenience for residents or renters alike. The front home, located at 5254 Don Pio Dr, offers a versatile three-bedroom configuration divided into two sections with two kitchens, making it ideal for multi-family living or rental income. Recently updated, this home features a paved backyard perfect for low-maintenance outdoor living, a tankless water heater for energy efficiency, and a newer electrical panel equipped with an electric car charger. The kitchen has been beautifully upgraded with granite countertops, and the bathrooms have been tastefully remodeled to include modern finishes. The second home, situated at 5256 Don Pio Dr, was built in 2021 and exudes modern design and craftsmanship. Boasting vaulted ceilings, an open floor plan, and a beautiful kitchen with appliances, this home is designed for contemporary living. The balcony offers stunning views, while the backyard is highlighted by a relaxing spa, making it perfect for entertaining or unwinding after a long day. This rare opportunity is ideal for multi-generational living, rental income, or a savvy investment. You can live in one home and rent the other or rent both for maximum income potential.

Nearby schools

8/10
Chaparral Elementary School
Public,•K-5•1.9mi
3/10
Hart Street Elementary School
Public,•K-5•2.3mi
6/10
Bay Laurel Elementary School
Public,•K-5•3.3mi
8/10
Round Meadow Elementary School
Public,•K-5•3.6mi
5/10
Woodland Hills Charter Academy
Public,•6-8•1.2mi
7/10
Alice C. Stelle Middle School
Public,•6-8•1.7mi
3/10
Christopher Columbus Middle School
Public,•6-8•3.3mi
6/10
Gaspar De Portola Middle School
Public,•6-8•3.6mi
7/10
Arthur E. Wright Middle School
Public,•6-8•6.0mi
4/10
Canoga Park Senior High School
Public,•9-12•2.1mi
8/10
Calabasas High School
Public,•9-12•2.2mi
4/10
Reseda Senior High School
Public,•9-12•4.5mi
Condition Rating
Excellent
This property features two distinct homes. The second home, built in 2021, is essentially brand new with modern design, vaulted ceilings, an open floor plan, and a beautiful, fully equipped contemporary kitchen and bathrooms, clearly meeting 'Excellent' criteria. The front home, built in 1977, has been 'recently updated' with beautifully upgraded kitchens (one with granite countertops and stainless steel appliances, the other with granite and white appliances) and tastefully remodeled bathrooms. It also includes modern upgrades like a tankless water heater and a newer electrical panel with an EV charger. While one kitchen in the older home has white appliances, the extensive recent renovations and the presence of a brand-new second home elevate the overall property condition to 'Excellent', offering virtually new components and modern quality standards.
Pros & Cons

Pros

Dual Homes & Income Potential: This unique property features two distinct homes on one lot, each with separate addresses, meters, and mailboxes, offering exceptional versatility for multi-generational living or significant rental income generation.
New Construction & Modern Design (Second Home): The second home, built in 2021, boasts modern design and craftsmanship, including vaulted ceilings, an open floor plan, and a beautiful contemporary kitchen, appealing to buyers seeking new amenities.
Updated & Energy-Efficient Front Home: The front home has been recently updated with remodeled kitchens (granite countertops) and bathrooms, a tankless water heater for energy efficiency, a newer electrical panel, and an electric car charger.
Panoramic Views: The property offers stunning panoramic views, explicitly mentioned for the second home's balcony, enhancing its aesthetic appeal and potential value.
Luxury Outdoor Amenity: The backyard of the second home is highlighted by a relaxing spa, providing a desirable feature for entertainment and unwinding.

Cons

Significant Overpricing: The current list price of $1,770,000 is substantially higher (55% above) the estimated property value of $790,270, indicating a potential disconnect with market valuation.
Extended Market Time & Price Reduction: The property has been on the market since January 2025 and has already undergone a significant price reduction from its original list price of $1,999,950, suggesting challenges in attracting buyers at its current price point.
Potential for Complex Management: Managing two separate residences with distinct ages, features, and potential tenant needs (if rented) could introduce complexities in maintenance, insurance, and overall property management.

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