Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

5540 Franrivers Avenue

Woodland Hills, CA, 91367

1 / 45View all 45 photos

$1,795,000

MLS: SR25073502

Beds

4

Baths

3

Sq Ft

2,016

Lot

0.26 ac

Year Built

1964

MLS #

SR25073502

Days on Market

202

Listed

Apr 3, 2025

Description

Welcome to 5540 Franrivers Ave — a beautifully remodeled modern home nestled in the heart of Woodland Hills. This stylish 4-bedroom, 3-bathroom property spans 2,016 square feet and includes a fully permitted 530-square-foot ADU (1 bed/1 bath), ideal for guests, rental income, or a private home office. Remodeled in 2021, both the main home and the ADU showcase sleek, contemporary finishes, open-concept living spaces, and thoughtful upgrades throughout. The main residence features a bright and airy floor plan, designer kitchen, updated bathrooms, and spacious bedrooms designed for comfort and style. The converted garage ADU offers its own separate entrance, modern kitchen, and full bathroom—perfect for multi-generational living or added investment value. Located in a desirable neighborhood near top-rated schools, shopping, and dining, this move-in-ready home offers the best of Southern California living. Whether you're looking for a stylish family home or a smart investment opportunity, 5540 Franrivers Ave delivers it all.

Location

Woodland Hills, Los Angeles County, CA 91367

Open on Google Maps ↗

Listed by: Kamyar Rezaie · Wembley's Inc.

Payment estimate

$12,769

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $179,500 · Loan: $1,615,500

%
Principal & Interest
$9,926
Property tax (1.25%)
$1,870
Homeowners insurance
$300
Mortgage insurance
$673
Open the full calculator →

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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $62,825 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.

Similar Homes Nearby

Active and pending listings in ZIP 91367 (Woodland Hills) within ±10% of this home's price and size.

Local Market Stats

See Woodland Hills, CA 91367 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

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access