5525 Canoga Avenue 218, Woodland Hills, California 91367, Woodland Hills, 91367 - 2 bed, 2 bath
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Woodland Hills, California 91367
This Turnkey Condominium represents a Strong Value Opportunity, listed at $515,000—positioned well below the $543,548 Fair Market Value by 5%. This valuation gap provides $28,548 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the unit offers a modern, move-in ready interior with new flooring and recessed lighting. Residents enjoy resort-style amenities, including 4 pools, 6 tennis courts, and a gym. This property is an ideal acquisition for first-time buyers or owner-occupants seeking a lifestyle-focused residence in the heart of Warner Center.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5525 Canoga Avenue 218 Subject | $515,000* List Price | 2 | 2 | 960 | $566 | - |
A 5525 Canoga Sold | $527,500 | 2 | 2 | 920 | $573 | 0.0 mi |
B 5515 Canoga Ave. #329 329 Sold | $560,000 | 2 | 2 | 920 | $609 | 0.1 mi |
C 5530 Owensmouth Avenue 123 Sold | $515,000 | 2 | 2 | 1,010 | $510 | 0.1 mi |
D 21400 Burbank Boulevard 313 Sold | $550,000 | 2 | 2 | 1,030 | $534 | 0.2 mi |
E 5525 Canoga Avenue 231 Sold | $375,000 | 1 | 1 | 690 | $543 | 0.0 mi |
F 5515 Canoga 318 Sold | $460,000 | 2 | 2 | 1,010 | $455 | 0.1 mi |
G 5540 Owensmouth Avenue 216 Active | $529,500 List Price | 2 | 2 | 920 | $576 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1987, the unit has undergone a recent comprehensive renovation (less than 5 years ago) including new laminate flooring, fresh paint, and new carpet. The kitchen and bathrooms are updated with stone countertops and stainless steel appliances, and the unit features modern recessed lighting and a functional gas fireplace, making it move-in ready with no immediate maintenance required.
Situated in the heart of Woodland Hills, this property offers exceptional proximity to The Village, Westfield Mall, and the upcoming Rams development, ensuring high demand and lifestyle convenience.
The Met provides a premium living experience with guard-gated security, four pools, six tennis courts, a fitness center, and beautifully landscaped grounds.
This corner unit is move-in ready, featuring fresh paint, new laminate and carpet flooring, and modern recessed lighting throughout, reducing immediate post-purchase expenses.
The association fee of $596 per month is a significant recurring cost that may impact buyer affordability and overall debt-to-income ratios.
The unit is listed as having no specific view, which may be a disadvantage for buyers seeking natural vistas or a sense of openness from their living space.
Welcome to The Met at Warner Center! Newly updated 2 bed/2 bath unit in this highly desirable guard gated community. A freshly painted corner unit with new laminate flooring in the entry, kitchen and bathrooms, new carpet in the remaining rooms, recessed lighting throughout and a gas fireplace for those cooler winter evenings. The community is complete with 4 pools and spas, 6 tennis courts, a gym, beautifully landscaped paths for morning or evening strolls and much more. Conveniently located near The Village and Westfield Mall on Topanga Canyon, the upcoming Rams development and plenty of dining, shopping and entertainment. There is easy access to the freeway and let one of the nearby canyons take you to the beach. A truly sought after community, you won't want to miss this opportunity.
No exterior & parking available.
Grades 6-8 • 0.8 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 | 960 | 1,010 | 47% |
| Lot Size | 72,222 | 124,411.5 | 34% |
| Price | $515.0K | $521.2K | 50% |
| Price per sq ft | $536 | $539 | 47% |
| Built year | 1987 | 1987 | 50% |
| HOA | $596.0 | $583 | 53% |
| Days on market | 8 | 166 | 5% |
May 29, 2026
$515,000
Initial Listing
Aug 22, 2006
$206,500
Public Record