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4234 Alhama Drive, Woodland Hills, CA 91364

$1.70M6bd · 4ba · 3,674 sqft
Lot 7,704 sqft•Single Family Residence•
Active
•33d on market•MLS# SR-26196842

Property Description

Perched on a private, street-to-street hillside lot above Woodland Hills, this beautifully renovated contemporary residence showcases sweeping valley views and sunset skies through walls of glass. Six bedrooms and four bathrooms flow across 3,674 sq ft in an open, light-filled layout built for modern living — the primary suite offers direct terrace access and its own valley views. Previously featured as an Airbnb Luxe property, the home reflects true designer-level finishes and turnkey condition, complete with landscaped grounds, an oversized driveway, and an attached two-car garage. BONUS VALUE & DUAL ADU POTENTIAL: Downstairs features an additional ~600 sq ft of multi-use flex space with 8'+ ceilings (not included in reported square footage) — preliminary plans are already drawn to convert this space into a legal, income-generating ADU/Junior ADU. Potential also for guest suite, private recording studio, or wellness gym. The rare street-to-street lot creates a second, independent opportunity for a freestanding ADU and/or pool fronting the opposite street — two distinct expansion paths giving the next owner exceptional flexibility and high-ROI potential (buyer to verify feasibility and permitting with the City of LA). Upgraded with 325-amp electrical service, EV charging capability, and high-efficiency systems throughout. Located just minutes from the fine dining and boutique shopping on Ventura Blvd, The Village at Topanga, Warner Center, and top-rated schools. An extraordinary architectural opportunity, priced to move.

Features & Amenities

FeeBuilt 1978

Property Details

Land Type
Fee
Year Built
1978
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central, ENERGY STAR Qualified Equipment
Cooling
Central Air, High Efficiency
View
City Lights, Trees/Woods
Flooring
Wood
Roof
Shingle
City
Woodland Hills
Zip Code
91364
County
Los Angeles
Listed byRise Realty, Abe Eloud

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,570.84
Principal & Interest
Loan Amount
$1,356,000
Total Interest
$1,729,503
Total Payment Over 30 Years
$3,085,503
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

4234 Alhama Drive, Woodland Hills, CA 91364

Woodland Hills · Single Family Residence

$1.70M
Luxury Tier
Beds
6
Baths
4
Sqft
3,674
Lot
7,704 sqft
Year
1978
$/Sqft
$461
Pool: No✓
Spa: No✓
View: city✓

Listed 3.1% below the median closed sale of $1,750,000. Price per sqft ($461) is a 13% discount to closed comps ($531). Closed comps sold at 95% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.70M· $461/sqft
Total list price
Closed comps
vs closed median $1.75M
−$55K (−3.1%)
Active comps
vs active median $1.80M
−$104K (−5.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $541
−$80 (−14.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5283 CalatranaWoodland Hills1977643,8327,248$313$1.20M291
23036 Victory BoulevardWoodland Hills1959643,3118,832$355$1.18M3167
22518 BurbankWoodland Hills1955563,4106,761$761$2.60M465
5211 Baza AvenueWoodland Hills1965663,4965,806$515$1.80M1064
24245 HatterasWoodland Hills1963543,53716,603$763$2.70M1463
Total: 5 · Average5.64.83,517.29,050$541.4$1.89M12.2
Median3,496$1.80M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5352 ElviraWoodland Hills196008/27/2026553,1577,588$1.30M$1.28M$4070.999780
5121 Winnetka AvenueWoodland Hills196508/11/2026643,99622,019$1.90M$1.74M$4340.9210373
22557 UheaWoodland Hills199007/30/2026553,60311,608$2.00M$1.92M$5320.964973
5636 Rawlings AvenueWoodland Hills202606/25/2026563,77211,549$3.00M$2.88M$7620.965772
22284 Avenue San LuisWoodland Hills195806/23/2026663,3507,830$1.90M$1.75M$5220.9213966
Total: 5 · Average5.45.23,575.612,118.8$1.91M$1.91M$531.4—89
Median3,603$1.75M$1.75M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.