The property at 22222 Miston Dr in Woodland Hills has a strong rental potential. With average rents ranging from $4.5K to $6K, it boasts a promising revenue stream considering its 2,000 sqft and desirable location. Market conditions in Woodland Hills are favorable, with a median listing price of $1.25M, indicating a robust housing market. The property's features, such as vaulted ceilings, hardwood floors, and a picturesque patio, enhance its appeal but the lack of multi-family units can be a challenge.
To boost rental income, consider modernizing the kitchen and bathrooms, which are key areas for tenants. Enhancing energy efficiency with updated insulation or solar panels can also attract eco-conscious renters. If selling, emphasize the property's serene hillside location and proximity to amenities. Highlight unique features like the vaulted ceilings and serene views to maximize appeal to buyers looking for a single-family rental property.