5550 Fallbrook Ave Woodland Hills, CA 91367
Woodland Hills NeighborhoodEstimated payment $5,584/month
Highlights
- Detached Guest House
- Traditional Architecture
- Quartz Countertops
- Updated Kitchen
- Cathedral Ceiling
- Private Yard
About This Home
Freshly updated and reimagined mid-century bungalow with detached garage and studio/guesthouse in prime Woodland Hills location! Remodeled and renovated! Main house plus separate studio/guesthouse with bathroom and a garage. Highlights include tri-pane windows, brand new flooring, fresh paint, brand new wall mounted AC system with new ducts, all new appliances, and new landscaping throughout! Master bedroom beautifully updated, with huge walk-in closet. New, stylish wood fencing around the property provides security and privacy. Ample room for pets. Updated landscaping, front and back, makes use of towering shade trees, lush artificial/no water turf, and well landscaped low maintenance garden that creates a relaxing environment to enjoy or entertain outdoors. Enter into an elegant living room with recessed lighting which flows into the kitchen with sunny breakfast nook with wainscoting. The kitchen has been redone with brand new white cabinets, white quartz counters, tumbled marble backsplash, farmhouse sink and new stainless-steel appliances. Down the hallway is an updated full bath, with white quartz vanity and dual shower heads and two bedrooms, and new, central, stacking washer and dryer. Bronze fixtures and hardware throughout. The large, enclosed, lanai/master bedroom is equipped with a brand-new split system AC unit, oversized walk-in closet space, with direct access to the large backyard. The detached studio/guesthouse with bathroom includes a garage with a new garage door and would make a great ADU. The airy studio/guesthouse has cathedral ceilings, new skylights, new split system AC, and decorative white wainscotting. It includes a brand-new kitchen area with all new appliances, full bath, and ample room for a bedroom area, living area, and space for dining, as well as direct access to the attached garage space and private shaded outdoor patio. There is a 2nd set of laundry hookups in the garage. Wonderfully situated near shopping, dining, entertainment, recreation, great schools including Hale and El Camino, the Westfield Topanga Mall and Village, Calabasas Commons, Warner Center, and so much more!
Listing Agent
Equity Union Brokerage Phone: 818-298-1187 License #00985615 Listed on: 07/16/2025

Open House Schedule
-
Saturday, September 20, 202512:00 to 3:00 pm9/20/2025 12:00:00 PM +00:009/20/2025 3:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,112
Year Built
- Built in 1953
Lot Details
- 6,010 Sq Ft Lot
- Wood Fence
- Level Lot
- Private Yard
- Back and Front Yard
- Property is zoned LAR1
Parking
- 1 Car Garage
- Parking Available
- Driveway
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Raised Foundation
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 1,660 Sq Ft Home
- 1-Story Property
- Crown Molding
- Wainscoting
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Triple Pane Windows
- Double Door Entry
- Living Room
- Vinyl Flooring
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Gas Range
- Dishwasher
- Quartz Countertops
- Farmhouse Sink
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- Remodeled Bathroom
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Stacked Washer and Dryer
Outdoor Features
- Slab Porch or Patio
- Exterior Lighting
- Rain Gutters
Schools
- Woodlake Elementary School
- El Camino High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Water Heater
Additional Features
- Detached Guest House
- Suburban Location
Listing and Financial Details
- Tax Lot 56
- Tax Tract Number 7221
- Assessor Parcel Number 2040012002
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
Recreation
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $3,112 | $875,000 | $700,000 | $175,000 |
2024 | $3,112 | $241,593 | $96,630 | $144,963 |
2023 | $3,054 | $236,857 | $94,736 | $142,121 |
2022 | $2,914 | $232,214 | $92,879 | $139,335 |
2021 | $2,876 | $227,661 | $91,058 | $136,603 |
2019 | $2,792 | $220,910 | $88,358 | $132,552 |
2018 | $2,728 | $216,579 | $86,626 | $129,953 |
2016 | $2,601 | $208,170 | $83,263 | $124,907 |
2015 | $2,564 | $205,044 | $82,013 | $123,031 |
2014 | $2,581 | $201,028 | $80,407 | $120,621 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/16/2025 07/16/25 | For Sale | $999,500 | -- | $602 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Trustee Deed | $676,015 | None Listed On Document | |
Grant Deed | -- | Accommodation | |
Grant Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $540,000 | New Conventional | |
Previous Owner | $451,000 | Commercial | |
Previous Owner | $325,000 | Commercial | |
Previous Owner | $10,147 | Unknown | |
Previous Owner | $100,000 | Credit Line Revolving |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25132333

APN: 2040-012-002
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