501 Woodruff Avenue
Los Angeles, CA, 90024
$4,995,000
MLS: 26844489
Beds
6
Baths
7
Sq Ft
7,271
Lot
0.38 ac
Year Built
—
MLS #
26844489
Days on Market
9
Listed
Jun 8, 2026
Description
Located in coveted Little Holmby, 501 Woodruff Ave presents a rare opportunity to create a world-class residence on an expansive 16,539 sq ft lot in one of the Westside's most prestigious and tightly held neighborhoods. The offering includes impressive soon-to-be RTI plans for a refined European-inspired estate thoughtfully designed for modern luxury living, resort-style amenities, and flexibility for a buyer to modify or tailor the plans to their preferences. The architecture blends classical proportions and detailing including arched openings, symmetrical massing, a limestone-style facade, and wrought-iron railings with clean lines and contemporary glazing, for a timeless yet modern aesthetic. The proposed design calls for approximately 7,271 sqft with a highly functional, lifestyle-driven layout featuring 6 bedrooms and 7 total bathrooms. The main living spaces open directly to a generous rear terrace and pool deck, creating a seamless indoor-outdoor connection. Plans include expansive living and entertaining spaces, an attached garage, and pool, allowing a buyer to move forward efficiently with development. Planned layout includes: First Floor with grand living spaces, kitchen, dining and family areas, one bedroom suite, gym and powder room; Upper Level with a primary suite, multiple secondary bedroom suites, lounge, and laundry; Lower Level with attached garage, mechanical, and support areas. Currently on the property sits a traditional 4-bedroom, 5-bath home totaling approximately 3,792 sq ft. Set on a prime Little Holmby street near UCLA, Westwood Village, and top Westside destinations, this is a unique chance to build a signature estate in one of the Westside's most sought-after neighborhoods.
Location
Los Angeles, Los Angeles County, CA 90024
Open on Google Maps ↗Listed by: Dennis Adelpour · Berkshire Hathaway HomeServices California Properties
Payment estimate
$35,850
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $499,500 · Loan: $4,495,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $28,474
- Property tax (1.25%)
- $5,203
- Homeowners insurance
- $300
- Mortgage insurance
- $1,873
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 Los Angeles home with as little as 3.5% down using an FHA loan — roughly $174,825 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.
Local Market Stats
See Los Angeles, CA 90024 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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