4234 Alhama Drive
Woodland Hills, CA, 91364
$1,695,000
MLS: SR26196842
Beds
6
Baths
4
Sq Ft
3,674
Lot
0.18 ac
Year Built
1978
MLS #
SR26196842
Days on Market
41
Listed
Sep 8, 2026
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.
Location
Woodland Hills, Los Angeles County, CA 91364
Open on Google Maps ↗Listed by: Abe Eloud · Rise 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
$13,264
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $169,500 · Loan: $1,525,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $10,562
- Property tax (1.25%)
- $1,766
- Homeowners insurance
- $300
- Mortgage insurance
- $636
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 $59,325 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.
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