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ActiveSingleFamilyResidence

20164 Santa Rita

Woodland Hills, CA, 91364

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$1,500,000

MLS: SR26196836

Beds

4

Baths

3

Sq Ft

3,080

Lot

0.55 ac

Year Built

1963

MLS #

SR26196836

Days on Market

37

Listed

Sep 11, 2026

Description

Mid-Century Modern on an Exceptional 24,000+ Sq. Ft. Flat Lot. A rare opportunity in Woodland Hills offering the space, architecture, and land that are increasingly difficult to find. Set on an expansive, flat 24,000+ sq. ft. lot with a pool, this two-story Mid-Century Modern home delivers oversized living spaces, abundant natural light, and tremendous potential for its next chapter. The main level features a dramatic sunken formal living room with a lava-rock fireplace, along with an enormous family room adjoining the kitchen. The flexible floor plan offers the possibility of dividing this space to create a main-level bedroom while retaining a generous family room. Upstairs, the primary suite overlooks the rear gardens, while all of the bedrooms are exceptionally spacious and filled with natural light. A direct-access three-car garage adds even more flexibility. The home is clean and move-in ready as it stands—but it is also perfectly positioned for its 2026 glow-up. Renovate the existing residence, reimagine the property as a larger estate, or explore the possibilities presented by the extraordinary lot. With its substantial flat backyard, there appears to be ample room to explore adding a detached ADU, while one bay of the three-car garage may offer potential for a Junior ADU or additional living space, subject to applicable requirements and approvals.For a developer, investor, or buyer who recognizes a great value proposition, this is the kind of property where the land, scale, and original Mid-Century character create possibilities well beyond the existing home.

Location

Woodland Hills, Los Angeles County, CA 91364

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Listed by: Dana Frank · Rodeo Realty

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$11,772

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $150,000 · Loan: $1,350,000

%

Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$9,347
Property tax (1.25%)
$1,563
Homeowners insurance
$300
Mortgage insurance
$563
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Oct 15, 2026

30-year fixed
7.40%
15-year fixed
6.71%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Woodland Hills home with as little as 3.5% down using an FHA loan — roughly $52,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.