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ActiveSingleFamilyResidence

4898 Reforma Rd

Woodland Hills, CA, 91364

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$1,199,000

MLS: SR26158294

Beds

3

Baths

3

Sq Ft

1,970

Lot

0.20 ac

Year Built

1956

MLS #

SR26158294

Days on Market

3

Listed

Jul 29, 2026

Description

Fantastic Opportunity for First Time Buyers and Investors! Offered for the first time on the market, this charming single-story home is situated on a desirable corner lot in a highly sought-after neighborhood South of Ventura Blvd. Whether you're planning a full remodel or a modern refresh, this is a rare value-add opportunity to create your dream home while building instant equity. Featuring 1,970 sq. ft. of living space, the home offers 3 bedrooms, 3 bathrooms, and a functional floor plan. The spacious kitchen includes a center island, stainless steel appliances, and a breakfast nook. The oversized primary suite features a large bedroom and an en-suite bathroom with dual sinks, a walk-in shower, and a tub. Step outside to a spacious covered patio overlooking a private backyard complete with a sparkling Heated Pool, spa, and waterfall perfect for relaxing or entertaining. Additional highlights include a tile roof, paid-off solar system, wood and carpet flooring, and a detached garage with excellent ADU potential (buyer to verify).Conveniently located near top-rated schools, Calabasas Commons, shopping, dining, parks, and major freeways, this home offers an exceptional opportunity in one of the area's most desirable neighborhoods. Bring your vision and transform this property into your dream home or a smart investment!

Location

Woodland Hills, Los Angeles County, CA 91364

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Listed by: Lily Bayat · 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

$8,933

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $119,900 · Loan: $1,079,100

%

Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$6,935
Property tax (1.25%)
$1,249
Homeowners insurance
$300
Mortgage insurance
$450
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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 Jul 30, 2026

30-year fixed
6.66%
15-year fixed
6.04%

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 $41,965 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.

Similar Homes Nearby

Active and pending listings in ZIP 91364 (Woodland Hills)within ±10% of this home's price and size.

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

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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.