5535 Canoga, Woodland Hills, California 91367, Woodland Hills, 91367 - 1 bed, 1 bath
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Woodland Hills, California 91367
This 1-bedroom Condominium represents a High-Potential Investment Opportunity, listed at $399,999—positioned well below the $359,215 Fair Market Value by -11%. While the property is currently priced above market, its Fair Condition Rating and resort-style amenities—including four pools and six tennis courts—provide a stable foundation for long-term value. Located in the heart of Warner Center, this unit offers a turnkey lifestyle with fresh updates. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance residence in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5535 Canoga Subject | $399,999* List Price | 1 | 1 | 610 | $589 | - |
A 5545 Canoga Avenue 320 Sold | $375,000 | 1 | 1 | 610 | $615 | 0.0 mi |
B 5535 Canoga Avenue 207 Sold | $400,000 | 1 | 1 | 610 | $656 | 0.0 mi |
C 21500 Burbank 222 Sold | $381,000 | 1 | 1 | 610 | $625 | 0.1 mi |
D 5525 Canoga Avenue 231 Sold | $375,000 | 1 | 1 | 690 | $543 | 0.1 mi |
E 5515 Canoga Avenue 305 Sold | $405,000 | 1 | 1 | 740 | $547 | 0.1 mi |
F 5540 Owensmouth 209 Sold | $375,000 | 1 | 1 | 610 | $615 | 0.2 mi |
G 5535 Canoga Avenue 218 Active | $359,000 List Price | 1 | 1 | 610 | $589 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1987 (37 years old), placing it in the 'Fair' to 'Poor' age bracket. While it features brand-new carpeting and fresh paint making it move-in ready, there is no mention of a full kitchen or bathroom renovation, and the fireplace/fixtures appear original. It is well-maintained but dated by modern standards.
Located in the guard-gated 'The Met' community, the property offers unparalleled amenities including four pools, six tennis courts, a fitness center, and indoor sports courts across 26 landscaped acres.
The unit is exceptionally positioned within walking distance to Westfield Topanga, The Village, and high-end dining, making it a highly desirable location for both residents and investors.
This third-floor unit features soaring ceilings that enhance the sense of space, complemented by fresh paint and brand-new carpeting for an immediate turnkey experience.
The $533 monthly association fee is relatively high for a 610-square-foot one-bedroom unit, which may impact the overall affordability and monthly carrying costs for some buyers.
At only 610 square feet, the compact footprint may be a constraint for buyers seeking more storage or a more spacious layout for long-term living.
Welcome to resort-style living at The Met in the heart of Warner Center. This spacious 1-bedroom, 1-bath desirable 3rd-floor unit offers privacy, abundant natural light, and an open, airy feel. Featuring soaring ceilings, fresh paint, and brand-new carpeting, this move-in ready home combines comfort and style. Large windows brighten the living space, while the functional floor plan flows seamlessly to a private balcony — perfect for relaxing and enjoying the peaceful surroundings. The generously sized bedroom offers ample closet space and is complemented by a full bathroom. Enjoy living in one of Woodland Hills’ most desirable guard-gated communities, set on 26 beautifully landscaped acres with resort-style amenities including 4 pools, 6 lighted tennis courts, a fitness center, indoor basketball and racquetball courts, playgrounds, and more. Conveniently located just moments from Westfield Topanga, The Village at Westfield Topanga, fine dining, shopping, and entertainment, this is an exceptional opportunity for a primary residence or investment property in one of Woodland Hills’ most sought-after communities.
No exterior & parking available.
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 34% |
| Baths | 1.0 | 2.0 | 37% |
| Square foot | 610 | 1,010 | 21% |
| Lot Size | 93,846 | 124,411.5 | 42% |
| Price | $400.0K | $521.2K | 24% |
| Price per sq ft | $656 | $541 | 92% |
| Built year | 1987 | 1987 | 50% |
| HOA | $533.0 | $578 | 32% |
| Days on market | 0 | 166 | 5% |
May 20, 2026
$399,999
Initial Listing
Sep 9, 2021
$520,000
Public Record
Dec 30, 2010
$255,000
Public Record
Jan 24, 2006
$399,500
Public Record