5500 Owensmouth Avenue 311, Woodland Hills, California 91367, Woodland Hills, 91367 - 1 bed, 1 bath

5500 Owensmouth Avenue 311, Woodland Hills, California 91367 home-pic-0
ACTIVE$425,000$740/sqft
5500 Owensmouth Avenue 311, Woodland Hills, California 91367
1Bed
1Bath
740Sqft
73,571Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Community Amenities: The Met offers a guard-gated, 26-acre resort-style environment with 4 pools, 6 tennis courts, a full fitness center, racquetball, indoor basketball courts, and multiple spas.
Top Cons:
High Monthly Association Fee: The $554.0 monthly association fee is substantial and could be a deterrent for some buyers, impacting overall affordability.

Compared to the nearby listings

Price:$425.0K vs avg $495.0K ($-70,000)32%
Size:740 sqft vs avg 920 sqft27%
Price/sqft:$574 vs avg $55466%

More Insights

Built in 1987 (39 years old).
Condition: The property, built in 1987, has undergone significant recent updates including fresh paint, new carpet, recessed lighting, and updated stainless steel appliances in the kitchen, complemented by granite countertops. While the kitchen cabinets are a traditional style and the bathroom fixtures are standard, the overall condition is move-in ready with no immediate renovations required. These updates, particularly the 'recent paint and carpet upgrades' and 'updated stainless appliances,' align with the 'Good' score criteria for properties extensively renovated within the last 5 to 15 years, ensuring major systems are functional and well-maintained.
Year Built
1987
Close
-
List price
$425K
Original List price
$425K
Price/Sqft
$574
HOA
$554
Days on market
-
Sold On
-
MLS number
SR26009520
Home ConditionGood
Features
ViewNeighborhood

About this home

**FHA & VA APPROVED** Resort style living in the heart of Warner Center, welcome to The Met! This CORNER UNIT 1 BEDROOM + LOFT is situated in the perfect location on the TOP FLOOR w/only 1 shared wall. This unit is also walking distance to the main pool, gym & tennis courts, while remaining tucked away from the disturbances of main streets and 101 freeway noise. This lovely upgraded 1 Bed + LOFT / 1 Bath unit features a plethora of amenities, including recent paint and carpet upgrades, recessed lighting, plantation shutters as well as updated STAINLESS appliances. Certainly the most desirable floor plan, this style utilizes an open concept with soaring ceilings and clerestory windows that drench the main living spaces in natural light. The kitchen is equipped with custom cabinets, GRANITE COUNTERS & updated stainless appliances, while the spacious living/dining room features VAULTED CEILINGS and a dazzling gas fireplace. Make your way to the master suite to be pleasantly surprised by the amount of space, as well as having two separate closets and an en-suite bath. In addition, you have a private open air LOFT, ideal for any home office, gym or guest bedroom. Add to all this a relaxing balcony to enjoy the amazing weather So Cal affords us year round and you've found yourself a winner. Conveniently located nearby the elevator for easy access down to the laundry room & parking garage, which provides two covered tandem parking spaces. The Met is a guard gated community that sits on 26 acres of meticulously landscaped grounds featuring 4 resort-style swimming pools, six night lighted tennis courts, full fitness center, racquetball and indoor basketball courts and multiple spas. All this located within walking distance to The Village and all the dining, shopping & entertainment Warner Center has to offer, including the Los Angeles Rams' new training facility.

S
Shane Nichols
Listing Agent

Nearby schools

5/10
Woodland Hills Charter Academy
Public,6-80.9mi

Price History

Date
Event
Price
09/12/22
Sold
$435,000
07/18/06
Sold
$355,000
Condition Rating
Good

The property, built in 1987, has undergone significant recent updates including fresh paint, new carpet, recessed lighting, and updated stainless steel appliances in the kitchen, complemented by granite countertops. While the kitchen cabinets are a traditional style and the bathroom fixtures are standard, the overall condition is move-in ready with no immediate renovations required. These updates, particularly the 'recent paint and carpet upgrades' and 'updated stainless appliances,' align with the 'Good' score criteria for properties extensively renovated within the last 5 to 15 years, ensuring major systems are functional and well-maintained.
Pros & Cons

Pros

Exceptional Community Amenities: The Met offers a guard-gated, 26-acre resort-style environment with 4 pools, 6 tennis courts, a full fitness center, racquetball, indoor basketball courts, and multiple spas.
Prime Warner Center Location: Situated in the heart of Warner Center, offering walkability to The Village, dining, shopping, entertainment, and the new LA Rams training facility.
Desirable Top-Floor Corner Unit: Features a private, top-floor corner location with only one shared wall, vaulted ceilings, clerestory windows for abundant natural light, and a private balcony.
Upgraded Interior & Versatile Loft: Recently upgraded with new paint, carpet, recessed lighting, plantation shutters, updated stainless steel appliances, granite counters, and a flexible open-air loft for office, gym, or guest use.
FHA & VA Approved with Dedicated Parking: The property is FHA & VA approved, expanding buyer eligibility, and includes two covered tandem parking spaces.

Cons

High Monthly Association Fee: The $554.0 monthly association fee is substantial and could be a deterrent for some buyers, impacting overall affordability.
Compact Living Space: At 740 sqft, the unit, despite its efficient layout and loft, offers relatively compact living quarters which may not suit all buyer preferences for space.
Tandem Parking Arrangement: While two parking spaces are provided, the tandem setup can be inconvenient for daily use, requiring coordination between residents.
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