First Time on the Market in Over 50 Years! Discover an exceptional value-add opportunity in the heart of Winnetka with this classic single-story ranch home situated on an oversized 7,559 sq ft lot. Offering approximately 1,215 sq ft of living space, 3 bedrooms, and 2 bathrooms, this property presents an exciting opportunity for investors, developers, renovators, or buyers ready to create their dream home in one of the San Fernando Valley’s most established neighborhoods. Inside, the home welcomes you with a spacious open family room and dining area, creating a comfortable central gathering space. The adjacent kitchen is filled with natural light and features a generous breakfast nook. Just off the kitchen is a convenient laundry room with direct access to the backyard, additional pantry/storage space, and a half bathroom. Down the hallway are three well-sized bedrooms and a full bathroom. The expansive lot potential for an ADU (Accessory Dwelling Unit), additional living space, multigenerational living, home office, guest accommodations, or potential rental income, subject to buyer investigation and verification with the City of Los Angeles. The property’s size and layout also provide an excellent canvas for future improvements, expansion, or a complete renovation. Ideally located near Westfield Topanga, shopping, dining, parks, public transportation, schools, and major freeways. Whether you're an investor seeking a value-add opportunity, a developer exploring the possibilities of an oversized lot, or a homeowner looking to transform a longtime family property into something uniquely your own, this is an opportunity worth exploring.