Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingSingleFamilyResidence

5952 Lubao Avenue

Woodland Hills, CA, 91367

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$2,395,000

MLS: 25629097

Beds

7

Baths

7

Sq Ft

4,809

Lot

0.48 ac

Year Built

1952

MLS #

25629097

Days on Market

106

Listed

Dec 16, 2025

Description

Located on a quiet street in the desirable College Acres / Candy Cane Lane neighborhood, this two-story farmhouse-style home sits on an expansive 0.47-acre flat lot featuring a circular driveway and impressive street frontage. Offering approximately 4,800 sq ft, the property includes 7 bedrooms and 7 bathrooms, formal dining, den, office, gum plus Large convertible entertainment room could be ADU or guest suite providing exceptional scale and flexibility. The home offers good bones and a well-proportioned layout, presenting a rare opportunity to personalize, refresh, or reimagine a substantial residence to today's tastes. The large backyard features a pool with ample space for outdoor entertaining or future enhancement. A two-car garage completes the property.Situated in an up-and-coming area with three newly built custom homes currently under construction on the street, the neighborhood continues to evolve, supporting strong long-term value. Zoning allows for horses and livestock too. Ideal for an owner-user or investor seeking significant square footage, a large usable lot, and the opportunity to create a customized estate in a prime Woodland Hills location.

Location

Woodland Hills, Los Angeles County, CA 91367

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Listed by: Melissa Oliver · Coldwell Banker Realty

Payment estimate

$16,937

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $239,500 · Loan: $2,155,500

%
Principal & Interest
$13,244
Property tax (1.25%)
$2,495
Homeowners insurance
$300
Mortgage insurance
$898
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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 $83,825 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.

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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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