21450 Burbank Boulevard 211, Woodland Hills, California 91367, Woodland Hills, 91367 - 2 bed, 2 bath
ACTIVE UNDER CONTRACT$478,000
21450 Burbank Boulevard 211, Woodland Hills, California 91367
2Beds
2Baths
910Sqft
44,044Lot
Price Vs. Estimate
The estimated value ($451,929.13) is $26,070.87 (5%) lower than the list price ($478,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44044, living area = 910.
Top Cons:
Significant Price Reductions: Multiple price drops from the original $530,000 to $478,000 suggest potential overpricing or challenges in market appeal, which could impact future resale value or indicate a need for updates.
Compared to the nearby listings
Price:$478.0K vs avg $1.37M ($-892,000)2%
Size:910 sqft vs avg 2,149 sqft1%
Price/sqft:$525 vs avg $62724%
More Insights
Built in 1987 (38 years old).
Condition: The property was built in 1987, making it 37 years old. While the general living areas appear clean and well-maintained with features like recessed lighting and ceiling fans, the kitchen, as glimpsed in the images, shows outdated cabinetry and appliances, suggesting it has not undergone a major modern renovation. The absence of bathroom images implies they likely align with the property's age and the kitchen's condition, requiring updates to meet current aesthetic standards. The property is functional and livable but would benefit from minor updates to modernize key areas.
Year Built
1987
Close
-
List price
$478K
Original List price
$530K
Price/Sqft
$525
HOA
-
Days on market
-
Sold On
-
MLS number
RS25149853
Home ConditionFair
Features
Pool
Spa
View-
About this home
Wonderful Two bedrooms and two bath condominium at the Met Gated Complex- Resort Living with lots of amenities, Clubhouse, 4 Pools, 6 Tennis Courts, 1 Racquet Ball Court, Basketball Courts, A Fitness Center and Elevators. The location of this community is perfect; just minutes from the 101 freeway, Ventura Blvd, shopping centers and restaurants. Come Live at The Met!! THE MET IS OFFICIALLY FHA APPROVED
Nearby schools
5/10
Woodland Hills Charter Academy
Public,•6-8•0.7mi
Condition Rating
Fair
The property was built in 1987, making it 37 years old. While the general living areas appear clean and well-maintained with features like recessed lighting and ceiling fans, the kitchen, as glimpsed in the images, shows outdated cabinetry and appliances, suggesting it has not undergone a major modern renovation. The absence of bathroom images implies they likely align with the property's age and the kitchen's condition, requiring updates to meet current aesthetic standards. The property is functional and livable but would benefit from minor updates to modernize key areas.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44044, living area = 910.
Resort-Style Amenities: The Met Gated Complex offers an impressive array of amenities including 4 pools, 6 tennis courts, a racquetball court, basketball courts, a fitness center, and a clubhouse, providing a luxurious and active lifestyle for residents.
Strategic Location: The property boasts a prime location, minutes from the 101 freeway, Ventura Blvd, and a variety of shopping centers and restaurants, ensuring excellent convenience and accessibility.
FHA Approved Status: The Met is officially FHA approved, which significantly broadens the pool of potential buyers by making the property accessible for those seeking FHA financing.
Gated Community Security: As part of a gated complex, the property offers enhanced security and a sense of exclusivity, contributing to a desirable living environment.
Desirable Layout: The condominium features a practical and sought-after 2-bedroom, 2-bathroom configuration, offering comfortable living space and flexibility for occupants.
Cons
Significant Price Reductions: Multiple price drops from the original $530,000 to $478,000 suggest potential overpricing or challenges in market appeal, which could impact future resale value or indicate a need for updates.
Lack of Views: The property description explicitly states 'None' for views, which may be a drawback for buyers prioritizing scenic outlooks or natural light.
Compact Unit Size: At 910 square feet for a 2-bedroom, 2-bathroom unit, the living space is relatively compact, which may not appeal to buyers seeking more expansive interiors.