5515 Canoga Avenue 321, Woodland Hills, California 91367, Woodland Hills, 91367 - 2 bed, 2 bath

5515 Canoga Avenue 321, Woodland Hills, California 91367 home-pic-0
ACTIVE$514,000
5515 Canoga Avenue 321, Woodland Hills, California 91367
2Beds
2Baths
1,010Sqft
65,468Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Community Amenities: The MET offers a resort-style living experience with multiple pools, spas, six night-lit tennis courts, a fitness center, racquetball/basketball courts, and a children's playground.
Top Cons:
High Monthly Association Fee: The $542 monthly association fee is substantial and will significantly impact the overall cost of ownership.

Compared to the nearby listings

Price:$514.0K vs avg $510.0K (+$4,000)51%
Size:1,010 sqft vs avg 920 sqft60%
Price/sqft:$509 vs avg $55230%

More Insights

Built in 1987 (38 years old).
Condition: The property, built in 1987, has undergone significant and tasteful updates, particularly in the kitchen, which features modern cabinetry, stainless steel appliances, upgraded flooring, and stylish lighting. The main living areas and bedrooms also boast new, dark laminate/wood flooring. While the bathrooms are clean and functional with updated vanities, some elements like the countertop style are not as contemporary as the kitchen. Overall, the unit is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Year Built
1987
Close
-
List price
$514K
Original List price
$540K
Price/Sqft
$509
HOA
$542
Days on market
-
Sold On
-
MLS number
GD25148994
Home ConditionGood
Features
View-

About this home

Welcome to the Prestigious MET at Warner Center. Experience resort-style living in one of the most sought-after communities in the area, complete with 24-hour guard-gated security. This is a perfect opportunity to own and live in a beautifully maintained, upscale environment. This desirable third-floor unit features 2 bedrooms and 2 bathrooms, offering soaring ceiling in the living room, a bright and airy interior, a fireplace, and the convenience of an in-unit washer and dryer. The kitchen has been tastefully updated with modern cabinetry, stainless steel appliances, upgraded flooring, and stylish lighting. Enjoy a wealth of amenities within the community, including multiple swimming pools and spas, six night-lit tennis courts, a fitness center, racquetball and basketball courts, a children’s playground, outdoor seating areas, and lush greenery throughout the grounds. The unit includes a designated tandem parking space for two cars. Ideally located, The MET is just a short walk to Ventura Boulevard’s shops and restaurants, and only minutes from Westfield Topanga and The Village, offering premier dining and shopping options.

Nearby schools

5/10
Woodland Hills Charter Academy
Public,6-80.7mi
Condition Rating
Good

The property, built in 1987, has undergone significant and tasteful updates, particularly in the kitchen, which features modern cabinetry, stainless steel appliances, upgraded flooring, and stylish lighting. The main living areas and bedrooms also boast new, dark laminate/wood flooring. While the bathrooms are clean and functional with updated vanities, some elements like the countertop style are not as contemporary as the kitchen. Overall, the unit is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Extensive Community Amenities: The MET offers a resort-style living experience with multiple pools, spas, six night-lit tennis courts, a fitness center, racquetball/basketball courts, and a children's playground.
Prime Walkable Location: Situated within walking distance to Ventura Boulevard's shops and restaurants, and minutes from Westfield Topanga and The Village, providing unparalleled convenience.
Updated Interior Features: The unit boasts a tastefully updated kitchen with modern cabinetry and stainless steel appliances, soaring ceilings, a fireplace, and in-unit washer/dryer for modern comfort.
Enhanced Security & Upscale Environment: Benefits from 24-hour guard-gated security and is part of a beautifully maintained, upscale community, ensuring peace of mind.
Dedicated Tandem Parking: Includes a designated tandem parking space for two vehicles, a valuable asset in a multi-unit complex.

Cons

High Monthly Association Fee: The $542 monthly association fee is substantial and will significantly impact the overall cost of ownership.
Recent Price Reduction History: Multiple price drops from the original list price may suggest initial overpricing or a longer market time, potentially signaling buyer hesitation.
Lack of Desirable View: The property description explicitly states 'view: None,' which might be a drawback for buyers seeking scenic outlooks from a third-floor unit.

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