
Woodland Hills, California 91367
This 1-bedroom condominium represents a Strong Value Opportunity, listed at $375,000—positioned above the $358,982 Fair Market Value by 4%. While the unit is currently priced slightly above market, the Condition Rating of 4 and recent cosmetic updates, including fresh paint and new carpet, provide a move-in-ready experience. Located in the guard-gated The Met at Warner Center, residents enjoy resort-style amenities like multiple pools, spas, and tennis courts. This property is an ideal acquisition for first-time buyers or owner-occupants seeking a low-maintenance lifestyle in a high-growth area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5520 Owensmouth 311 Subject | $375,000* List Price | 1 | 1 | 610 | $588 | - |
A 5540 Owensmouth 319 Sold | $415,000 | 1 | 1 | 740 | $561 | 0.0 mi |
B 21500 Burbank 222 Sold | $381,000 | 1 | 1 | 610 | $625 | 0.1 mi |
C 5535 Canoga Avenue 207 Sold | $400,000 | 1 | 1 | 610 | $656 | 0.1 mi |
D 5525 Canoga Avenue 231 Sold | $375,000 | 1 | 1 | 690 | $543 | 0.1 mi |
E 5500 Owensmouth Avenue 311 Sold | $402,000 | 1 | 1 | 740 | $543 | 0.1 mi |
F 5520 Owensmouth Avenue 103 Sold | $355,000 | 1 | 1 | 610 | $582 | - |
G 5565 Canoga Avenue 119 Sold | $430,000 | 1 | 1 | 770 | $558 | 0.1 mi |
H 5535 Canoga Active | $380,000 List Price | 1 | 1 | 610 | $623 | 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' condition. While the unit has received a cosmetic refresh with new carpet and interior paint, there is no evidence of a full kitchen or bathroom renovation within the last 15 years, and the core systems likely reflect the building's age.
Located within a 24-hour guard-gated community, the property offers an extensive amenity package including six lighted tennis courts, multiple pools, a fitness center, and indoor racquetball courts.
Situated in the heart of Warner Center near Westfield Topanga and The Village, the unit stands to benefit from the massive appreciation potential of the upcoming 52-acre Rams Village development.
The residence features fresh paint, brand-new carpeting, and vaulted ceilings in the living room, creating a bright, move-in-ready atmosphere that feels more spacious than its footprint suggests.
The $533 monthly association fee is relatively high for a one-bedroom unit, particularly as it lacks in-unit laundry hookups, requiring residents to use community facilities.
At 610 square feet, the living area is quite intimate, and the tandem parking configuration can be a daily inconvenience for households with two active drivers.
Welcome to resort-style living at The Met at Warner Center, a 24-hour guard-gated community in the heart of Woodland Hills. This inviting third-floor, 1-bedroom, 1-bath residence offers 610 sq ft of well-designed living space and the added appeal of high ceilings in the living room, creating a bright, open and airy atmosphere. The unit is currently being refreshed with fresh interior paint throughout and brand-new carpeting, offering a clean, move-in-ready feel. The open living area is centered around a cozy gas fireplace and extends to a private balcony, creating a comfortable indoor-outdoor setting for morning coffee, relaxing or entertaining. The functional floor plan makes excellent use of the space, with the living, dining and kitchen areas flowing together naturally. The home also includes two underground tandem parking spaces, an especially convenient feature within the community. Residents of The Met enjoy an impressive collection of resort-style amenities throughout beautifully landscaped grounds, including multiple swimming pools and spas, six lighted tennis courts, a fitness center, indoor basketball and racquetball courts, sauna, playground areas and community laundry facilities. The location is one of the home's strongest advantages. Situated in the heart of Warner Center, the property is convenient to Westfield Topanga, The Village, Warner Center Park, restaurants, shopping, entertainment and major transportation routes. Adding to the area's ongoing transformation is the planned Rams Village at Warner Center, a 52-acre mixed-use development planned to include the Los Angeles Rams' permanent headquarters and training facility, along with residential, retail, office, parkland, open-space and entertainment uses. A wonderful opportunity to own a freshly updated third-floor residence and enjoy the convenience, amenities and evolving lifestyle of Warner Center.
No exterior & parking available.
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 610 | 922.632 |
| Lot Size | 43,479 | 80,271.447 |
| Price | $375.0K | $567.0K |
| Price per sq ft | $615 | $518 |
| Built year | 1987 | 1987 |
| HOA | $533.0 | $582 |
| Days on market | 16 | 66 |
Aug 24, 2026
$375,000
Initial Listing
Sep 14, 2010
$187,000
Public Record
Jul 20, 2006
$314,500
Public Record