
Woodland Hills, California 91367
This Turnkey Condominium is a Strong Value Opportunity, listed at $509,950—positioned slightly above the $499,150 Fair Market Value. While not a discount, the property maintains a Condition Rating of 3, featuring a renovated Granite Kitchen, stainless steel appliances, and newer HVAC systems. Residents enjoy a resort-style lifestyle within the guard-gated "Met" community, complete with 4 pools/spas and 6 tennis courts. This stable, well-maintained asset is perfectly suited for first-time buyers or Owner-Occupants seeking a secure, amenity-rich residence in the heart of Warner Center.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5520 Owensmouth Avenue 117 Subject | $495,000* List Price | 2 | 2 | 920 | $542 | - |
A 5530 Owensmouth Avenue 123 Sold | $515,000 | 2 | 2 | 1,010 | $510 | 0.0 mi |
B 5540 Owensmouth 319 Sold | $415,000 | 1 | 1 | 740 | $561 | 0.0 mi |
C 5550 Owensmouth Avenue 120 Sold | $520,000 | 3 | 2 | 1,020 | $510 | 0.1 mi |
D 5525 Canoga Sold | $527,500 | 2 | 2 | 920 | $573 | 0.1 mi |
E 5550 Owensmouth Sold | $555,000 | 2 | 2 | 910 | $610 | 0.1 mi |
F 5515 Canoga 318 Sold | $460,000 | 2 | 2 | 1,010 | $455 | 0.1 mi |
G 21400 Burbank Boulevard 313 Sold | $550,000 | 2 | 2 | 1,030 | $534 | 0.1 mi |
H 5500 Owensmouth Avenue 311 Sold | $402,000 | 1 | 1 | 740 | $543 | 0.1 mi |
I 5540 S Owensmouth Avenue 107 Active | $499,000 List Price | 2 | 2 | 920 | $542 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1987 but significantly updated with a renovated kitchen featuring granite countertops and stainless steel appliances. The unit includes newer HVAC and water heater systems, smooth ceilings, and updated flooring, making it well-maintained and move-in ready.
Located in the guard-gated 'Met' at Warner Center, the property offers unparalleled amenities including four pools, six tennis courts, a fitness center, and 24-hour security for a luxury lifestyle.
The unit is situated in a high-growth area near the new Rams practice facility and major shopping hubs, offering excellent potential for long-term appreciation and urban convenience.
The interior features modern granite countertops and stainless steel appliances, complemented by the significant value-add of a newer HVAC system and water heater.
The $599 monthly association fee is a substantial recurring cost that may impact buyer affordability and overall debt-to-income ratios.
With only 920 square feet for a two-bedroom, two-bathroom configuration, the living spaces and bedrooms may feel restrictive for families or those requiring a home office.
Welcome to the "Met" in Warner Center, a sought-after 24-hour guard gated community in bustling Warner Center. This light unit bright unit is located within building 7, a prime locale nestled in the center of the community between the main pool, tennis courts and an additional pool & spa. Inside, enjoy gorgeous flooring, smooth ceilings and a beautiful kitchen offering stainless steel appliances, including a refrigerator, and loads of granite counters. Spacious primary suite delivers a private bath, mirrored wardrobe and dressing area. Large rear balcony with a storage closet is an ideal place for an afternoon read or an evening’s glass of wine and, the convenient in-unit laundry is superb. Newer heat/air and newer water heater add to the appeal. In addition to the peace of mind afforded by around the clock guards, within this spectacular resort-like complex you’ll enjoy 4 pools/spas, 6 lighted tennis courts, gym, basketball & racquetball courts, children's playground, desirable two covered parking spaces and full-time maintenance crews delivering the most sensational grounds. Easy freeway access & all the wonderful shops, yummy eateries, park & movies Warner Center is revered for, including the nearby brand-new Rams practice facility and all the amazing future development to come. Don’t miss!
No exterior & parking available.
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 920 | 910 |
| Lot Size | 43,479 | 70,652.5 |
| Price | $495.0K | $571.9K |
| Price per sq ft | $538 | $533 |
| Built year | 1987 | 1987 |
| HOA | $599.0 | $554 |
| Days on market | 30 | 74 |
Jun 30, 2026
$495,000
$509,950
-3% Price Drop
Initial Listing
Jun 22, 2026
$509,950
Initial Listing
Jan 23, 2008
$315,000
Public Record