22722 Erwin Street
Woodland Hills, CA, 91367
$1,895,000
MLS: 226004553
Beds
4
Baths
2
Sq Ft
2,291
Lot
0.82 ac
Year Built
1948
MLS #
226004553
Days on Market
15
Listed
Sep 23, 2026
Description
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.
Location
Woodland Hills, Los Angeles County, CA 91367
Open on Google Maps ↗Listed by: Tina Lucarelli · Beverly and Company Inc.
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
$14,793
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $189,500 · Loan: $1,705,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $11,809
- Property tax (1.25%)
- $1,974
- Homeowners insurance
- $300
- Mortgage insurance
- $711
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 $66,325 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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