5525 Canoga Avenue 231, Woodland Hills, California 91367, Woodland Hills, 91367 - 1 bed, 1 bath
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Woodland Hills, California 91367
This Resort-Style Corner Condominium is a Strong Value Opportunity, listed at $385,000—positioned well below the $410,740 Fair Market Value by 6%. This valuation gap provides $25,740 in Instant Equity for the buyer. The unit maintains a Good Condition Rating, featuring a New HVAC System, fresh paint, and Granite Countertops. Located in the guard-gated The Met community, residents enjoy Mountain Views and premier amenities near the future Rams Village. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey asset in Warner Center.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5525 Canoga Avenue 231 Subject | $385,000* List Price | 1 | 1 | 690 | $595 | - |
A 21500 Burbank 222 Sold | $381,000 | 1 | 1 | 610 | $625 | 0.2 mi |
B 21450 Burbank Boulevard 203 Sold | $362,000 | 1 | 1 | 610 | $593 | 0.1 mi |
C 5540 Owensmouth 209 Sold | $375,000 | 1 | 1 | 610 | $615 | 0.1 mi |
D 5515 Canoga Avenue 305 Sold | $405,000 | 1 | 1 | 740 | $547 | 0.1 mi |
E 5550 Owensmouth 107 Sold | $385,000 | 1 | 1 | 610 | $631 | 0.2 mi |
F 5545 Canoga Avenue 320 Sold | $375,000 | 1 | 1 | 610 | $615 | 0.1 mi |
G 5500 Owensmouth Avenue 311 Active | $415,000 List Price | 1 | 1 | 740 | $561 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefits from significant recent updates, including a brand-new HVAC system, new carpeting, and fresh interior paint. While the 1987 build date is reflected in the cabinetry style and overall architecture, the kitchen has been updated with granite countertops and the unit appears well-maintained with no immediate repairs required, meeting the criteria for a 'good' condition rating.
This rare corner unit is positioned on the second floor with no neighbors above, featuring a unique long entry foyer that provides a sense of privacy and separation rarely found in standard one-bedroom floor plans.
Located in the guard-gated 'The Met' community, the property offers unparalleled amenities including four pools, six lighted tennis courts, indoor basketball/racquetball courts, and a state-of-the-art fitness center.
The unit is move-in ready with a brand-new HVAC system installed within the last year, fresh interior paint, and new carpeting throughout, offering peace of mind and reduced immediate maintenance costs.
The monthly association fee of $538 is relatively high for a one-bedroom unit, which may impact the overall affordability and appeal for budget-conscious buyers or investors.
Built in 1987, the community may require ongoing capital improvements or face potential assessments common in older, high-density developments compared to newer luxury constructions in the Warner Center area.
Welcome to resort-style living at The Met in Woodland Hills, a premier 24-hour guard-gated, amenity-filled community in the heart of Warner Center. This rare larger 1-bedroom, 1-bath corner unit (690 sq ft) is ideally located on the 2nd floor with no unit above, offering extra privacy and peaceful surroundings. A unique feature of this floor plan is the long entry foyer—unlike many units—providing a welcoming sense of arrival and a comfortable separation between the front door and the main living spaces. Enjoy beautiful tree, mountain, and sky views from the private balcony. The light-filled interior features new carpet throughout, fresh interior paint, a cozy fireplace, granite countertops, and a new HVAC system (installed within the past year). The home also offers excellent storage, including two large closets in the bedroom, an additional closet off the dining area, abundant kitchen cabinetry, and extra storage in the balcony closet. This desirable location within the building is close to both the elevator and stairs for added convenience. The unit includes two assigned parking spaces and there is ample guest parking nearby. Perfectly situated within the community, the building is directly across from many of The Met’s top amenities, including the large resort-style pool, 6 lighted tennis courts, indoor basketball and racquetball courts, a state-of-the-art fitness center, and sauna. There are three additional pools throughout the community, including one located right next to this building with its own jacuzzi. Residents also enjoy Food Truck Fridays by the pool during the summer, beautifully maintained grounds, a children’s play area, pet-friendly environments, an on-site HOA office, and the peace of mind of 24-hour security. Located just minutes from The Village, Costco, Topanga Plaza, Whole Foods, Ventura Blvd., and the 101 Freeway, and close to the future Rams Village at Warner Center, which will feature the Los Angeles Rams practice facility along with new retail, dining, and entertainment. A fantastic opportunity to own in one of Woodland Hills’ most desirable resort-style communities.
No exterior & parking available.
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 31% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 690 | 965 | 26% |
| Lot Size | 72,229 | 128,387.5 | 38% |
| Price | $385.0K | $517.5K | 21% |
| Price per sq ft | $558 | $553 | 52% |
| Built year | 1987 | 1987 | 50% |
| HOA | $538.0 | $568 | 31% |
| Days on market | 40 | 160 | 5% |
Mar 13, 2026
$385,000
Initial Listing
May 10, 2013
$225,000
Public Record
Oct 28, 2010
$155,000
Public Record
Jun 7, 2006
$312,500
Public Record