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INVESTOR OPPORTUNITY STEPS TO TOPANGA VILLAGE .Exceptional income-producing property on a nearly 10,000 sq. ft. street-to-street lot in one of Woodland Hills' most desirable and walkable neighborhoods. Approximately 1,600 sq. ft. of total living space consisting of a 2-bedroom, 2-bath main house, a private-entry grandma studio suite (formerly the 3rd bedroom), and a newer permitted detached ADU with its own address (6548 Hanna Ave).The ADU offers 1 bedroom, 1.5 bathrooms, a full kitchen, in-unit laundry, private entrance, and private yard. Each living space enjoys its own private entrance, kitchen, laundry, and outdoor area, creating excellent flexibility for multi-generational living or multiple income streams.The property is currently generating approximately $7,500 per month in rental income, with rents believed to be below market, offering potential upside for investors. An additional value-add opportunity may exist with room for another unit (buyer to verify with appropriate agencies).A rare feature is the large, separate rear gated lot with private electric gate and parking for 10+ vehicles. This area is not included in any tenant's yard and may provide additional income potential for vehicle, RV, equipment, or storage rentals.The main house features a newer roof, while mature fruit trees enhance the grounds. Located within walking distance to The Village, Westfield Topanga, restaurants, shopping, and entertainment, this is one of the few truly walkable areas in Woodland Hills.Ideal for investors seeking stable income today with significant upside potential tomorrow. Don't miss this unique opportunity.

Source: bridgeMLS, MLS#: CL26843165

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  • Property Type
    Residential
  • Lot
    0.22 acres

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  • Median Age
    32
  • Population Density
    14,234
  • College Educated
    32%
  • Estimated Median Income
    $62,848
  • Estimated Total Home Owners
    2,470
  • Estimated Total Renters
    7,856
  • Owner / Renter Divide
    24% / 76%
  • Estimated Average Household Size
    3
  • Total Population
    31,024
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 6550 Hanna Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/6/2026Source: bridgeMLS Added to Database
June 06, 2026
Listing provided courtesy of Rodeo Realty- MLS# CL26843165MLS Provider