
Woodland Hills, California 91367
This Spacious Townhouse represents a Strong Value Opportunity, listed at $669,000—positioned well below the $702,374 Fair Market Value by 4%. This valuation gap offers $33,374 in Instant Equity for the buyer. Featuring an updated kitchen, vaulted ceilings, and a flexible bonus room, the property maintains a Condition Rating of 3. Located in the FHA-approved Warner Village III, it offers a serene lifestyle with garden views and pool/spa access. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21901 Burbank Boulevard 218 Subject | $669,000* List Price | 2 | 3 | 1,870 | $377 | - |
A 5757 Owensmouth Avenue 20 Sold | $715,000 | 3 | 3 | 1,780 | $402 | 0.1 mi |
B 21930 Marylee 58 Sold | $659,000 | 2 | 3 | 1,550 | $425 | 0.1 mi |
C 21900 Marylee 281 Sold | $719,000 | 3 | 3 | 2,022 | $356 | 0.0 mi |
D 5711 Owensmouth Avenue 117 Sold | $687,000 | 3 | 3 | 2,022 | $340 | 0.1 mi |
E 6225 Shoup Avenue 90 Sold | $755,000 | 3 | 3 | 1,764 | $428 | 0.9 mi |
F 21801 Burbank 97 Sold | $590,000 | 2 | 3 | 1,492 | $395 | 0.1 mi |
G 6244 Shoup Avenue Sold | $705,000 | 2 | 3 | 1,888 | $373 | 0.9 mi |
H 5711 Owensmouth Avenue 131 Sold | $815,000 | 3 | 3 | 1,804 | $452 | 0.1 mi |
I 21930 Marylee Street 92 Pending | $729,000 List Price | 3 | 3 | 1,657 | $440 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1979 but features clear mid-life renovations. The kitchen has been updated with stone countertops and newer cabinetry (likely 10-15 years old), and the living areas feature updated wood-style flooring and recessed lighting. The property appears well-maintained, functional, and move-in ready.
Situated in the highly sought-after Warner Village III, the property offers a serene, garden-like setting with streams and paths while being walking distance to premier shopping and dining at The Village and Westfield Topanga.
The nearly 1,900-square-foot floor plan features soaring vaulted ceilings and a large lower-level bonus room that provides excellent flexibility for use as a third bedroom, media room, or home office.
The community is FHA-approved and the HOA dues cover high-value items including earthquake insurance, high-speed internet, cable, and water, providing both financing flexibility and simplified monthly expenses.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =493965, other record lot size in square feet = 493812. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1870, other record living area = 1526.
At $920 per month, the association fees are significantly higher than average for the area, which may impact the debt-to-income ratio and overall affordability for some buyers.
There is a notable difference between the assessor's recorded 1,526 square feet and the estimated 1,870 square feet, which could lead to challenges during the appraisal process or buyer due diligence.
Some places remind you why where you live matters. Warner Village III has long been one of Warner Center’s most sought-after communities, offering something increasingly rare: a peaceful, garden-inspired setting in the heart of Woodland Hills. Meandering streams, mature trees, charming bridges, and beautifully landscaped walking paths create an environment that encourages you to slow down, take an evening stroll, or simply enjoy your morning coffee surrounded by greenery. This rarely available Plan C enjoys a tranquil location within the community, where garden views and lush landscaping create a welcome sense of privacy. Yet just moments away, you’ll find The Village at Topanga, Westfield Topanga, Warner Center Park, restaurants, cafés, shopping, grocery stores, fitness studios, and entertainment. Here, nature and convenience exist side by side. Inside, nearly 1,900 square feet of thoughtfully designed living space is filled with natural light from soaring vaulted ceilings and expansive windows. Wood flooring, plantation shutters, recessed lighting, generous storage, newer HVAC system (installed 2020) and multiple private patios create a warm, inviting atmosphere for everyday living and entertaining. Upstairs, both bedrooms feature en-suite bathrooms, including a spacious primary suite with a walk-in closet, private balcony, and peaceful garden views. The oversized lower-level bonus room offers exceptional flexibility as a media room, home office, fitness space, guest retreat, or potential third bedroom. An oversized attached two-car garage with direct access provides outstanding convenience and additional storage. Residents enjoy pools, spas, a tennis court, recreation room, beautifully maintained grounds, and scenic walking paths throughout the community. HOA dues include water, basic cable, high-speed internet, and earthquake insurance. Warner Village III is also an FHA-approved community, providing financing flexibility that’s increasingly difficult to find in Warner Center. More than a home, this is a lifestyle where peaceful surroundings and everyday convenience come together, making it easy to enjoy the best of both nature and city living. Assessor data states square footage as 1,526SF which is believed not to include the downstairs bonus room. Builder Floor Plan attached with estimated square footage listed as 1,870sf. Buyer to verify.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.2 |
| Baths | 3.0 | 2.6 |
| Square foot | 1,870 | 1,528.5 |
| Lot Size | 493,965 | 189,609.083 |
| Price | $669.0K | $677.7K |
| Price per sq ft | $358 | $427 |
| Built year | 1979 | 1976 |
| HOA | $920.0 | $750 |
| Days on market | 36 | 79 |
Aug 4, 2026
$669,000
Initial Listing
Sep 23, 2003
$342,000
Public Record
Sep 20, 2001
$250,000
Public Record
Dec 31, 1998
$240,000
Public Record