5237 Topanga Canyon Boulevard, Woodland Hills, CA 91364 (MLS # SR24230787)

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PRICE $2,395,000 BEDS 7 BATHS 6 HOME SIZE 3,505 sqft LOT SIZE 8,808 sqft Request More Info Schedule a Showing

Rare south of the boulevard fully occupied 3 unit rental property with huge upside and growth potential. Discover this exceptional investment opportunity in the highly sought-after area of Woodland Hills, located south of Ventura Blvd. This beautifully updated property features a unique combination of a duplex with an additional ADU and a spacious 3 car garage. Unit A) situated on the first floor, boasts 3 bedrooms and 2.5 bathrooms spread across approximately 1,638 square feet with spacious front and back yard space. Unit B) located above the garage, offers 3 bedrooms and 1.5 bathrooms with approximately 1,075 square feet of living space. Unit C) a spacious ADU on the first floor, includes 1 bedroom and 1 bathroom within approximately 792 square feet and has its own private entrance, yard and garden. Each unit has been tastefully remodeled with high-quality materials, featuring amenities such as individual washer/dryer units, built-in BBQ in the back patio area, and efficient tankless water heaters. Conveniently located within walking distance to Warner Center Park and "The Village" in Woodland Hills, residents will enjoy easy access to local amenities including Starbucks, dining options, and entertainment venues along Ventura Blvd. The property is situated within a mile of the booming Warner Center district which houses the Village and the Westfield Topanga Mall which encompass almost 400 shops, restaurants, and personal service businesses. Future plans for the area include a new Los Angeles Rams practice facility, a massive $1.5 billion dollar development of a mixed use Promenade, and a massive redevelopment of Warner Park into a commercial center. The property also offers quick access to the 101 Freeway, making commuting a breeze. Nature enthusiasts will appreciate being only a 15-minute drive from hiking trails, with stunning beaches just 20 minutes away. Ideal for generating rental income or accommodating multi-generational living, this property presents a rare opportunity in one of Woodland Hills' most desirable neighborhoods. Schedule your viewing today and seize the chance to own this versatile investment property.