INVESTOR OPPORTUNITY STEPS TO TOPANGA VILLAGE .Exceptional income-producing property on a nearly 10,000 sq. ft. street-to-street lot in one of Woodland Hills' most desirable and walkable neighborhoods. Approximately 1,600 sq. ft. of total living space consisting of a 2-bedroom, 2-bath main house, a private-entry grandma studio suite (formerly the 3rd bedroom), and a newer permitted detached ADU with its own address (6548 Hanna Ave).The ADU offers 1 bedroom, 1.5 bathrooms, a full kitchen, in-unit laundry, private entrance, and private yard. Each living space enjoys its own private entrance, kitchen, laundry, and outdoor area, creating excellent flexibility for multi-generational living or multiple income streams.The property is currently generating approximately $7,500 per month in rental income, with rents believed to be below market, offering potential upside for investors. An additional value-add opportunity may exist with room for another unit (buyer to verify with appropriate agencies).A rare feature is the large, separate rear gated lot with private electric gate and parking for 10+ vehicles. This area is not included in any tenant's yard and may provide additional income potential for vehicle, RV, equipment, or storage rentals.The main house features a newer roof, while mature fruit trees enhance the grounds. Located within walking distance to The Village, Westfield Topanga, restaurants, shopping, and entertainment, this is one of the few truly walkable areas in Woodland Hills.Ideal for investors seeking stable income today with significant upside potential tomorrow. Don't miss this unique opportunity.
Bedrooms
3
Bathrooms
3
Square Feet
1,613
Lot Size
9,538 sqft
Year Built
1954
Property Type
Single Family Residence
Days on Market
0
HOA Fee
N/A
MLS #
26843165
Flooring
Wood
Fireplace
Living Room
Appliances
Microwave, Refrigerator, Dryer, Washer
Laundry
Inside
Cooling
Central Air
Heating
Central
Parking Features
Carport, Guest, Gated, Private
$0
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Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features
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