21516 Villena
Woodland Hills, CA, 91364
$799,000
MLS: SR26120968
Beds
3
Baths
2
Sq Ft
1,160
Lot
0.19 ac
Year Built
1954
MLS #
SR26120968
Days on Market
2
Listed
Jun 10, 2026
Description
Woodland Hills under $1 million... I know what you're thinking — not possible. If you're looking for a home walking distance to the iconic Ventura Blvd and Topanga Canyon, tucked into one of the Valley's most sought-after pockets in a tree-lined Woodland Hills neighborhood, then this property might be for you. This 3-bedroom, 2-bathroom home is being sold as-is — with inspection reports available — but also presents a rare and solid opportunity for those looking to utilize our exclusive Dream Home Program and make it truly their own. Through the Dream Home Program, buyers have the opportunity to customize, update, and remodel the property to their exact specifications — choosing their own finishes, fixtures, and design — giving them the freedom typically reserved for new construction. Instead of seeing this home back on the market six months from now with a flipper's version, you can have it designed exactly how you want, with all the work completed during escrow, using your lender's money — and move in the day after closing. It's "The New Way to Buy and Sell an Old Home." This is where lifestyle sets the tone — minutes from Topanga Village, Warner Center, Westfield Mall, Trader Joe's, Target, parks, golf courses, and restaurants. Hop on Topanga Canyon and sunbathe at the famous Zuma Beach or explore the national parks and hiking trails. You get the best of L.A. without all the noise. There is a detached garage, as well as, a big backyard so lots of potential for an Adu and maximizing the value of this property. A starting Price to reflect its current condition. An opportunity like this — let alone in this location — is rarest of rare! It's at least worth coming to see and learn more about our exclusive program!
Location
Woodland Hills, Los Angeles County, CA 91364
Open on Google Maps ↗Listed by: Cory Boldroff · AXEN Realty
Payment estimate
$5,987
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $79,900 · Loan: $719,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,555
- Property tax (1.25%)
- $832
- Homeowners insurance
- $300
- Mortgage insurance
- $300
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $27,965 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.
Local Market Stats
See Woodland Hills, CA 91364 market trends →
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
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.