5952 Lubao Avenue, Woodland Hills, California 91367, Woodland Hills, 91367 - 6 bed, 7 bath

5952 Lubao Avenue, Woodland Hills, California 91367 home-pic-0
ACTIVE$2,595,000
5952 Lubao Avenue, Woodland Hills, California 91367
6Beds
7Baths
4,809Sqft
20,761Lot
Year Built
1952
Close
-
List price
$2.6M
Original List price
$2.6M
Price/Sqft
$540
HOA
-
Days on market
-
Sold On
-
MLS number
25629097
Home ConditionPoor
Features
Pool
View

About this home

We found 4 Cons,6 Pros. Rank: price - $2.60M(96th), sqft - 4809(96th), beds - 6(93th), baths - 7(98th).

Located on a quiet street in the desirable College Acres / Candy Cane Lane neighborhood, this two-story farmhouse-style home sits on an expansive 0.47-acre flat lot featuring a circular driveway and impressive street frontage. Offering approximately 4,800 sq ft, the property includes 7 bedrooms and 7 bathrooms, formal dining, den, office, gum plus Large convertible entertainment room could be ADU or guest suite providing exceptional scale and flexibility. The home offers good bones and a well-proportioned layout, presenting a rare opportunity to personalize, refresh, or reimagine a substantial residence to today's tastes. The large backyard features a pool with ample space for outdoor entertaining or future enhancement. A two-car garage completes the property.Situated in an up-and-coming area with three newly built custom homes currently under construction on the street, the neighborhood continues to evolve, supporting strong long-term value.Ideal for an owner-user or investor seeking significant square footage, a large usable lot, and the opportunity to create a customized estate in a prime Woodland Hills location.

Price History

Date
Event
Price
12/16/25
Listing
$2,595,000
06/08/07
Sold
$862,000
Condition Rating
Poor

Built in 1952, this property explicitly requires 'significant renovation' and is 'not move-in ready for modern tastes,' as stated in the listing. The kitchen features dated wood cabinets, old-style tile flooring, and a mix of older and newer appliances. Bathrooms show some minor updates (like a vessel sink) but retain dated tile work and light fixtures. The overall aesthetic, including the rustic staircase and exterior, is very outdated. Major systems are likely original or very old, necessitating substantial upgrades to meet current standards and comfort, 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 = 20761, living area = 4809.
Exceptional Scale & Lot Size: Expansive 0.47-acre flat lot (20,761 sq ft) combined with a substantial 4,809 sq ft home offering 6 bedrooms and 7 bathrooms, providing ample space for living and entertaining.
Prime Location & Investment Potential: Situated in the desirable College Acres / Candy Cane Lane neighborhood, an 'up-and-coming area' with new custom homes, supporting strong long-term value appreciation.
Versatile Layout & ADU Potential: Flexible floor plan includes formal dining, den, office, gym, and a large convertible entertainment room with potential for an ADU or guest suite, catering to diverse living arrangements.
Outdoor Living & Curb Appeal: Features a circular driveway, impressive street frontage, a large backyard with a pool, and ample space for outdoor entertaining, enhancing lifestyle and property value.
Customization Opportunity: Described as having 'good bones' and a 'well-proportioned layout,' offering a rare chance for a buyer to personalize, refresh, or reimagine the residence to their specific tastes and modern standards.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
Significant Renovation Required: Built in 1952, the property explicitly needs to be 'personalized, refreshed, or reimagined to today's tastes,' indicating a substantial and potentially costly renovation project to modernize the home.
Potential for Outdated Systems: Given its age, major systems (e.g., electrical, plumbing, HVAC) and structural components may be original or dated, likely requiring significant upgrades to meet current codes and efficiency standards.
Not Move-in Ready for Modern Tastes: While offering customization, the need for extensive updates means the property is not move-in ready for buyers seeking a contemporary, fully renovated home without immediate and considerable additional investment and construction effort.

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