
Westlake Village, California 91361
This Turnkey Condominium represents a Strong Value Opportunity, listed at a List Price of $350,000—positioned well below the $372,005 Fair Market Value by 5%. This valuation gap offers $22,005 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a modern Granite Kitchen, new HVAC, and double-pane windows, this home is move-in ready. With community amenities like a sparkling pool and spa, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31577 Lindero Canyon Road 6 Subject | $325,000* List Price | 1 | 1 | 473 | $740 | - |
A 31567 Lindero Canyon Road 3 Sold | $350,000 | 1 | 1 | 473 | $740 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1968, the unit has undergone a comprehensive modern renovation within the last 5 years. Key updates include a fully remodeled bathroom with quartz counters and subway tiles, updated kitchen with granite, and new laminate flooring. Critically, the HVAC system and double-pane windows were replaced within the last 2 years, meeting the criteria for mint condition with no immediate maintenance required.
The unit features high-end finishes including quartz and granite countertops, newer double-pane windows, and a recently updated HVAC system, making it move-in ready for an owner-occupant or tenant.
Situated on a quiet cul-de-sac in a highly desirable community, the property offers excellent proximity to Westlake Lake, local dining, shopping, and outdoor recreation.
The association fee covers essential utilities like water and trash, includes earthquake insurance, and recently funded major capital improvements like new roofs, providing peace of mind for the buyer.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =465447, other record lot size in square feet = 465304.
At $710 per month, the association fees are significantly high relative to the $350,000 list price and small square footage, which may impact buyer affordability and debt-to-income ratios.
With only 473 square feet of living space, the property is exceptionally compact, which may limit the potential buyer pool to single individuals or investors.
Set in the heart of Westlake Village, this beautifully updated 1 Bed / 1 Bath condo offers a great opportunity for homeownership or a turnkey rental property in one of Southern California's most desirable communities. Available to purchase fully or partially furnished makes this offering even more exciting. This prime location is quietly tucked on a tranquil cul-de-sac yet moments from local shops, restaurants, the Sunday Farmer's Market, Westlake Lake, hiking, golf, Malibu Beaches, easy freeway access and so much more. Sleek laminate flooring and modern recessed lights on dimmers elevate the living spaces. The bedroom includes ample closet space and built-in cabinetry for storage. Quartz countertops, a beautiful subway tile shower with modern glass doors, and stylish tile floors make the ensuite bath a revitalizing space to begin and end each day. Sharp black granite counters, a gas cooktop, and a newer refrigerator create a highly functional cooking space. New double-pane windows and a newer heating/cooling system were completed within the last 2 years. The interior space opens out to a spacious patio which overlooks the trees. The home includes a dedicated carport space with storage cabinets. Community amenities feature serene greenbelts, barbeque area, a sparkling pool, and relaxing spa. HOA includes water and trash, earthquake insurance for the building and common areas, and they recently replaced all roofs adding value and peace of mind. This desirable model rarely comes on the market and offers the perfect blend of location, comfort, and modern upgrades.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.1 |
| Baths | 1.0 | 2.1 |
| Square foot | 473 | 1,203.643 |
| Lot Size | 465,447 | 4,088.357 |
| Price | $325.0K | $722.8K |
| Price per sq ft | $687 | $613 |
| Built year | 1968 | 1975 |
| HOA | $710.0 | $649 |
| Days on market | 42 | 53 |
Aug 20, 2026
$325,000
$339,000
-4% Price Drop
Initial Listing
Aug 13, 2026
$339,000
$350,000
-3% Price Drop
Initial Listing
Jul 29, 2026
$350,000
Initial Listing
Mar 29, 2010
$114,500
Public Record
Aug 6, 1999
$73,000
Public Record