$1,895,000

Exceptional opportunity in the desirable Walnut Acres area of Woodland Hills. Situated on an approximately 29,900-square-foot (0.6864-acre) flat lot, per public/assessor records, this property offers significant potential for an owner-user, investor, developer, or builder looking to renovate, reimagine, or potentially redevelop the property, subject to applicable zoning, permits, governmental approvals, and other requirements.The property includes an existing residence and an in-ground swimming pool. The existing residence has deferred maintenance and does not have an HVAC system. The swimming pool is also in need of resurfacing and/or repair. Property is being offered in its present physical condition.The expansive, predominantly flat lot provides an opportunity to explore renovation, expansion, new construction, ADU, and other development possibilities. Buyer is advised to independently investigate and verify all information concerning lot size and dimensions, boundaries, zoning, permitted uses, building and development potential, utilities, permits, condition of improvements, pool condition, and any other matters affecting Buyer's intended use of the property with the appropriate licensed professionals and governmental agencies. Seller and listing broker/agent make no representations or warranties regarding development potential or Buyer's intended use.'Approximately 29,900 sq. ft. (0.686 acre) lot following a previously recorded approximately 20-foot Lot Line Adjustment. Public/assessor records may reflect the parcel's former lot size. Buyer to independently verify lot size, boundaries, legal description, recorded Lot Line Adjustment, and all development potential.'A unique opportunity to create a custom property in one of Woodland Hills' sought-after residential areas.