5003 Alhama Drive
Woodland Hills, CA, 91364
$1,199,000
MLS: 26846885
Beds
3
Baths
2
Sq Ft
2,053
Lot
0.18 ac
Year Built
1951
MLS #
26846885
Days on Market
0
Listed
Jun 12, 2026
Description
South of the Boulevard on an oversized corner lot, this light-filled single-story ranch is a rare opportunity to restore and reimagine in a picture-perfect, quiet Woodland Hills neighborhood. Inside you'll find three bedrooms, two baths, hardwood floors, plantation shutters, and a white brick fireplace anchoring the main living room. The freshly painted kitchen offers quartz counters, stainless appliances, and a sunny breakfast nook, plus a formal dining room for the bigger nights. The smart two-wing layout sets this one apart: a kids' wing on one end with two generously sized bedrooms and a hallway lined with built-in book ledges, and on the other, a huge primary suite with vaulted wood-beamed ceilings, a stacked-stone feature wall, a walk-in closet, new carpet, and sliders opening straight to the backyard. Generous storage throughout means everything has a place. Out back, a sparkling pool, a covered cabana with outdoor lounge, a BBQ area, and multiple seating areas are made for long summer evenings. Best of all, you are walking distance to schools, shops, and restaurants, a rare combination South of the Boulevard. Bring your vision, do the math on the comps, and make this corner-lot ranch the one everyone wishes they'd bought.
Location
Woodland Hills, Los Angeles County, CA 91364
Open on Google Maps ↗Listed by: Deborah Pisaro · Coastline 840
Payment estimate
$8,833
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $119,900 · Loan: $1,079,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,835
- Property tax (1.25%)
- $1,249
- Homeowners insurance
- $300
- Mortgage insurance
- $450
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 $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.
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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
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