Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

22703 Sylvan Street

Woodland Hills, CA, 91367

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$2,550,000

MLS: SR26063672

Beds

7

Baths

6

Sq Ft

4,294

Lot

0.53 ac

Year Built

1950

MLS #

SR26063672

Days on Market

1

Listed

Apr 12, 2026

Description

Set behind gates on an expansive 22,924 sq ft lot, this private Woodland Hills compound offers a rare combination of scale, versatility, and income potential. Spanning approximately 4,294 sq ft, the property features multiple structures thoughtfully designed for multi-generational living, rental income, or a live and work lifestyle. The main residence offers 4 bedrooms and 3 bathrooms, along with a dedicated office space. The garage has been converted into an additional office with a powder bath, creating functional flexibility for a home business or workspace. The home features a flowing layout with spacious living and dining areas, and abundant natural light. A central kitchen anchors the space with ample cabinetry, stone countertops, and seamless connectivity to the main living areas. A fully detached guest house, with its own address at 6309 N Ponce, offers 3 bedrooms and 2 bathrooms, complete with its own living space, kitchen, and private access, providing an ideal setup for extended family, rental income, or independent living. Additional structures on the property further enhance its versatility, allowing for a variety of uses depending on the buyer’s needs. Currently operating as a licensed DHCS facility, the property is fully fenced for privacy and security and is Joint Commission accredited, ensuring it meets all regulatory requirements. Assistance with licensing or transferring an existing license is available for an additional fee, making this an excellent opportunity for both homeowners and operators, particularly those looking to establish or expand a detox or treatment facility. All furniture, security cameras, equipment, appliances, and internet setup are included, creating a true turnkey opportunity. The outdoor spaces are expansive and private, featuring a large covered patio, multiple seating areas, and a spacious yard surrounded by mature landscaping, offering room to further enhance or customize. Ideally located near Westfield Topanga and The Village, Warner Center, and The Commons at Calabasas, with easy access to parks, hiking trails, and major freeways, this is a unique opportunity to acquire a flexible, high potential compound in one of Woodland Hills’ most desirable locations.

Location

Woodland Hills, Los Angeles County, CA 91367

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Listed by: George Ouzounian · The Agency

Payment estimate

$18,013

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $255,000 · Loan: $2,295,000

%
Principal & Interest
$14,101
Property tax (1.25%)
$2,656
Homeowners insurance
$300
Mortgage insurance
$956
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

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

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 $89,250 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.

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