5500 Blanco Avenue, Woodland Hills, California 91367, Woodland Hills, 91367 - 5 bed, 3 bath

5500 Blanco Avenue, Woodland Hills, California 91367 home-pic-0
ACTIVE$1,950,000
5500 Blanco Avenue, Woodland Hills, California 91367
5Beds
3Baths
2,360Sqft
17,431Lot
Year Built
1962
Close
-
List price
$1.95M
Original List price
$2M
Price/Sqft
$826
HOA
-
Days on market
-
Sold On
-
MLS number
225000064
Home ConditionExcellent
Features
Good View:
Patio
View

About this home

Possibly Over-Priced:The estimated price is 40% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.95M(84th), sqft - 2360(53th), beds - 5(78th), baths - 3(50th).

Main House with ADU offers the perfect sanctuary. Set on a spacious, private corner lot, this residence is thoughtfully designed for both indoor and outdoor living. Bathed in natural light, the expansive rooms and luxurious amenities create a seamless blend of style and comfort.The gourmet kitchen is a chef's dream, featuring concrete quartz countertops, a stainless steel Frigidaire dishwasher, and a premium range with a hood. Modern touches such as prefabricated hardwood floors and iconic shaker-style cabinets, along with new vinyl windows and sliding glass doors, enhance its contemporary appeal.The master suite provides a tranquil retreat, complete with an ensuite bath and a private sitting area. Outdoors, the landscaping is impeccable--with newly planted roses and fresh sod throughout--and an efficient irrigation system maintains the beauty of both the front and back yards. The secure, fenced backyard is perfect for entertaining, offering an ideal setting for gatherings, relaxation, and outdoor enjoyment. Additionally, the ADU (Accessory Dwelling Unit) is a 1+1 private living space, further enhancing the property's appeal and privacy. Owner is looking all offers

Condition Rating
Excellent

Despite being built in 1962, this property has undergone extensive and recent renovations, bringing it to an 'excellent' condition. The description highlights a 'gourmet kitchen' with concrete quartz countertops, stainless steel Frigidaire appliances, premium range with hood, and iconic shaker-style cabinets, all of which are confirmed by the images showing a modern, pristine kitchen. The property also features 'prefabricated hardwood floors,' 'new vinyl windows and sliding glass doors,' and an updated master suite with an 'ensuite bath.' The landscaping is also described as 'impeccable' with 'newly planted roses and fresh sod.' All these elements indicate a property that has been fully renovated recently, with virtually new components meeting current quality standards and no visible deferred maintenance.
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 = 17431, living area = 2360.
Income Potential/Flexibility with ADU: The property includes a 1+1 Accessory Dwelling Unit (ADU), offering significant value for potential rental income or flexible multi-generational living arrangements.
Large, Private Corner Lot: Situated on a spacious and private corner lot spanning 17,431 sqft, providing ample outdoor space and enhanced privacy.
Updated Gourmet Kitchen: Features a modern gourmet kitchen equipped with concrete quartz countertops, stainless steel Frigidaire dishwasher, a premium range with hood, and iconic shaker-style cabinets.
Modern Interior Upgrades: Recent interior enhancements include prefabricated hardwood floors, new vinyl windows, and sliding glass doors, contributing to a contemporary appeal and improved efficiency.
Enhanced Outdoor Living & Landscaping: Impeccable landscaping with newly planted roses, fresh sod, and an efficient irrigation system, alongside a secure, fenced backyard perfect for entertaining and relaxation.

Cons

Significant Overpricing: The listing price of $1.95M is 40% higher than the estimated property value of $1.157M, potentially making it a challenging sale at the current price point.
Older Core Structure: Built in 1962, the property's age suggests that while cosmetic updates are present, underlying systems (e.g., plumbing, electrical) may be original and could require future maintenance or upgrades.
Lack of Cooling System Mention: The property description does not specify the presence of an air conditioning or cooling system, which could be a significant drawback during warm weather in Woodland Hills.

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