21400 Burbank Boulevard 306, Woodland Hills, California 91367, Woodland Hills, 91367 - 1 bed, 1 bath
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Woodland Hills, California 91367
This top-floor residence at The Met represents a High-Potential Investment Opportunity, listed at a List Price of $400,000—positioned well above the $378,418 Fair Market Value by -5%. Featuring a Condition Rating of 3, this unit offers a Granite Kitchen and recent system upgrades. With a current lease at $2,450/month and resort-style amenities like four pools and six tennis courts, it serves as a stable income-producing asset. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21400 Burbank Boulevard 306 Subject | $400,000* List Price | 1 | 1 | 610 | $620 | - |
A 21500 Burbank 222 Sold | $381,000 | 1 | 1 | 610 | $625 | 0.0 mi |
B 5525 Canoga Avenue 231 Sold | $375,000 | 1 | 1 | 690 | $543 | 0.2 mi |
C 5535 Canoga Avenue 207 Sold | $400,000 | 1 | 1 | 610 | $656 | 0.1 mi |
D 5540 Owensmouth 319 Sold | $415,000 | 1 | 1 | 740 | $561 | 0.1 mi |
E 5500 Owensmouth Avenue 311 Sold | $402,000 | 1 | 1 | 740 | $543 | 0.2 mi |
F 5545 Canoga Avenue 320 Sold | $375,000 | 1 | 1 | 610 | $615 | 0.1 mi |
G 5565 Canoga Avenue 119 Sold | $430,000 | 1 | 1 | 770 | $558 | 0.1 mi |
H 5515 Canoga Avenue 305 Sold | $405,000 | 1 | 1 | 740 | $547 | 0.2 mi |
I 21500 Burbank 316 Active | $369,999 List Price | 1 | 1 | 610 | $607 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1987, the unit is well-maintained and move-in ready. The kitchen features granite countertops and stainless steel appliances consistent with a mid-range renovation. Key systems have been recently addressed, including a newer water heater (2.5 years) and A/C capacitor (3.5 years), plus very recent bathroom flooring updates (16 months).
Located in 'The Met,' a 24-hour guard-gated community, the property offers unparalleled amenities including four pools, six tennis courts, a fitness center, and racquetball courts, providing a high-end lifestyle.
As a top-floor unit with soaring ceilings and only one shared wall, this residence provides enhanced privacy, superior natural light, and a more spacious atmosphere compared to lower-level units.
With a current lease at $2,450 per month and a prime location near the Warner Center and The Village at Topanga, this property serves as an excellent income-producing asset in a high-demand area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =700, other record lot size in square feet = 165607.
The monthly association fee of $533 is relatively high for a one-bedroom unit, which increases the total monthly carrying costs for an owner or investor.
The property relies on community laundry facilities rather than having a private washer and dryer inside the unit, which may be a convenience drawback for modern buyers.
Perched on the top floor of one of Warner Center's most sought-after resort-style communities, this light-filled residence offers the perfect blend of comfort, convenience, and investment potential. With only one shared wall, soaring ceilings, and an expansive window that fills the living area with natural light, the home feels bright, open, and inviting. Step outside onto your private balcony, an ideal place to enjoy your morning coffee or unwind after a long day.The thoughtfully designed kitchen features granite countertops and overlooks the main living space, creating a seamless setting for everyday living and entertaining. Recent improvements provide added peace of mind, including updated wood flooring in the bathroom installed approximately 16 months ago, a newer water heater installed about 2.5 years ago, and a new A/C capacitor replaced approximately 3.5 years ago. The home has been well maintained with no known repairs currently needed.Whether you're searching for a primary residence or an income-producing investment, this home presents an outstanding opportunity. It is currently leased for $2,450 per month, offering attractive rental potential. Conveniently located just steps from the elevator, you'll enjoy easy access to the community laundry facilities and the secured parking garage, where two covered tandem parking spaces are included.Residents of The Met enjoy an exceptional lifestyle within a 24-hour guard-gated community set across 26 acres of beautifully landscaped grounds. Resort-inspired amenities include four sparkling swimming pools, multiple spas, six lighted tennis courts, a full fitness center, racquetball and indoor basketball courts, additional sports courts, and scenic walking paths throughout the community.Ideally located in the heart of Warner Center, you'll be moments from The Village at Topanga, Westfield Topanga, outstanding dining, shopping, entertainment, and the Los Angeles Rams' state-of-the-art training facility. This is an exceptional opportunity to own a top-floor home in one of the San Fernando Valley's premier resort communities.
No exterior & parking available.
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 610 | 910 |
| Lot Size | 700 | 70,652.5 |
| Price | $400.0K | $571.9K |
| Price per sq ft | $656 | $533 |
| Built year | 1987 | 1987 |
| HOA | $533.0 | $554 |
| Days on market | 19 | 74 |
Jul 3, 2026
$400,000
Initial Listing
May 1, 2020
$335,000
Public Record
Aug 16, 2016
$297,500
Public Record
May 26, 2010
$205,500
Public Record