5535 Canoga Avenue 317, Woodland Hills, California 91367, Woodland Hills, 91367 - 1 bed, 1 bath
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5535 Canoga Avenue 317
Woodland Hills, California 91367
ACTIVE
CONDITION: GOOD
1Beds
1Baths
657Sq Ft
93,846Lot Size
Property Price
LIST PRICE$369,000
EST. MARKET VALUE
$385,906
4% BelowMARKET VALUE
SUMMARY
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $369,000—positioned well below the $385,907 Fair Market Value by 4%. This valuation gap offers $16,907 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes fresh paint, new carpeting, and a Granite Kitchen. Residents enjoy resort-style amenities, including 4 pools and 6 tennis courts. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey residence in Warner Center.
Estimated Market Value
$385,906+$16,906 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Woodland Hills.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5535 Canoga Avenue 317 Subject | $369,000* List Price | 1 | 1 | 657 | $587 | - |
A 5535 Canoga Avenue 207 Sold | $400,000 | 1 | 1 | 610 | $656 | 0.0 mi |
B 5520 Owensmouth Avenue 103 Sold | $355,000 | 1 | 1 | 610 | $582 | 0.1 mi |
C 5540 Owensmouth 319 Sold | $415,000 | 1 | 1 | 740 | $561 | 0.1 mi |
D 5500 Owensmouth Avenue 311 Sold | $402,000 | 1 | 1 | 740 | $543 | 0.2 mi |
E 5525 Canoga Avenue 231 Sold | $375,000 | 1 | 1 | 690 | $543 | 0.1 mi |
F 5565 Canoga Avenue 119 Sold | $430,000 | 1 | 1 | 770 | $558 | 0.1 mi |
G 21500 Burbank 222 Sold | $381,000 | 1 | 1 | 610 | $625 | 0.1 mi |
H 5545 Canoga Avenue 220 Active | $379,000 List Price | 1 | 1 | 670 | $566 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1987, the unit is in well-maintained, move-in ready condition with recent cosmetic updates including brand-new carpeting and fresh paint. The kitchen features granite countertops suggesting a mid-life renovation, and the overall interior presents as clean and functional without immediate need for repair.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
Located in the guard-gated 'The Met' community, residents enjoy access to four pools, six tennis courts, a fitness center, and indoor basketball/racquetball courts, offering a premium lifestyle experience.
- Top-Floor Privacy and Layout
As a top-floor unit with soaring ceilings and no neighbors above, the property provides enhanced privacy, abundant natural light, and a more spacious feel than standard units.
- Prime Warner Center Location
The property is situated in a highly desirable area within walking distance to The Village and Westfield Topanga, providing excellent access to premier shopping, dining, and entertainment.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $533 is relatively high for a one-bedroom unit, which may impact the overall affordability and monthly carrying costs for potential buyers.
- Limited Square Footage
With only 657 square feet of living space, the unit is quite compact, which could be a drawback for those needing extra room for a home office or additional storage.
About 5535 Canoga Avenue 317
Welcome to resort-style living at The Met in the heart of Warner Center. This spacious 1-bedroom, 1-bath top-floor unit offers privacy, natural light, and an open feel with no one above. Featuring soaring ceilings, fresh paint, and brand-new carpeting, the interior is clean and move-in ready. Large windows fill the space with light, while the functional layout flows seamlessly to a private balcony, ideal for relaxing. The generously sized bedroom offers ample storage and is complemented by a full bath. Enjoy access to The Met's guard-gated community set on 26 acres with resort-style amenities including 4 pools, 6 lighted tennis courts, fitness center, indoor basketball and racquetball courts, and more. Located just moments from The Village, Westfield Topanga, dining, and entertainment, this is a great opportunity for a primary residence or investment in one of Woodland Hills' most desirable communities.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 93,846 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $533.0 / Month
Neighborhood Insights
Woodland Hills Unified Schools
Woodland Hills Charter Academy
Grades 6-8 • 0.7 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 657 | 922.632 |
| Lot Size | 93,846 | 80,271.447 |
| Price | $369.0K | $567.0K |
| Price per sq ft | $562 | $518 |
| Built year | 1987 | 1987 |
| HOA | $533.0 | $582 |
| Days on market | 21 | 66 |
Pricing History
Listed for Sale
Aug 19, 2026
$369,000
Initial Listing
Sold
May 1, 2006
$304,500
Public Record