
Woodland Hills, California 91367
This Condominium represents a High-Potential Investment Opportunity, listed at $542,000—positioned well above the $479,599 Fair Market Value by -13%. While priced above market, the property offers a Condition Rating of 4, featuring fresh paint and new carpet within the resort-style The Met at Warner Center. Residents benefit from 24-hour guard-gated security, multiple pools, and tennis courts. This unit is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey lifestyle in a prime Woodland Hills location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5515 Canoga Avenue 230 Subject | $542,000* List Price | 2 | 2 | 920 | $521 | - |
A 5515 Canoga 318 Sold | $460,000 | 2 | 2 | 1,010 | $455 | 0.0 mi |
B 5525 Canoga Sold | $527,500 | 2 | 2 | 920 | $573 | 0.1 mi |
C 5515 Canoga Avenue 305 Sold | $405,000 | 1 | 1 | 740 | $547 | 0.0 mi |
D 5530 Owensmouth Avenue 123 Sold | $515,000 | 2 | 2 | 1,010 | $510 | 0.1 mi |
E 21400 Burbank Boulevard 313 Sold | $550,000 | 2 | 2 | 1,030 | $534 | 0.2 mi |
F 5565 Canoga Avenue 309 Sold | $535,000 | 2 | 2 | 1,040 | $514 | 0.1 mi |
G 21450 Burbank Boulevard 314 Active | $580,000 List Price | 2 | 2 | 920 | $630 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1987 (37+ years old), which exceeds the 20-year threshold for 'Fair'. While it features cosmetic improvements like fresh paint and new carpet, the lack of mentioned updates to the kitchen, bathrooms, or major systems (HVAC/Electric) suggests the core components remain dated and will eventually require modernization.
Ideally situated in the heart of Woodland Hills, this property offers exceptional walkability and proximity to premier shopping, dining, and entertainment at The Village and Westfield Topanga.
Located within the prestigious 'The Met' community, residents enjoy 24-hour guard-gated security and extensive facilities including multiple pools, spas, tennis courts, and fitness centers.
The unit features recent interior refreshments, including brand-new carpeting and fresh paint throughout, offering a turnkey opportunity for buyers seeking a clean, updated space.
The monthly association fee of $599 is relatively high, which may impact the debt-to-income ratio for some buyers and increase the overall cost of ownership.
The property is listed as having no specific view, which may be a disadvantage compared to other units in the complex that offer views of the landscaped grounds or pool areas.
Welcome to this lovely condo located in The Met at Warner Center, a highly desirable resort-style, 24-hour guard-gated community. This bright and inviting unit has been freshly painted and features brand-new carpet throughout. Offering 2 bedrooms and 2 bathrooms, the home boasts an open-concept living and dining area complete with a cozy fireplace and access to a private balcony perfect for relaxing or entertaining.Ideally situated just minutes from Ventura Boulevard and close to The Village and Westfield Topanga, this home provides convenient access to premier shopping, dining, and entertainment. Residents of The Met enjoy exceptional amenities, including multiple pools, spas, fitness centers, tennis courts, and beautifully landscaped grounds.Don't miss this wonderful opportunity to own in one of Woodland Hills' most sought-after communities!
No exterior & parking available.
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 920 | 1,010 | 47% |
| Lot Size | 65,468 | 124,411.5 | 26% |
| Price | $542.0K | $531.2K | 53% |
| Price per sq ft | $589 | $541 | 68% |
| Built year | 1987 | 1987 | 50% |
| HOA | $599.0 | $583 | 53% |
| Days on market | 11 | 166 | 5% |
May 26, 2026
$542,000
Initial Listing
Nov 5, 2021
$510,000
Public Record
Apr 24, 2020
$465,000
Public Record
Oct 23, 2009
$249,500
Public Record
Nov 2, 2005
$417,500
Public Record