5540 Owensmouth 319, Woodland Hills, California 91367, Woodland Hills, 91367 - 1 bed, 1 bath
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Woodland Hills, California 91367
This Versatile Top-Floor Loft Condominium is a Strong Value Opportunity, listed at $409,999—positioned well below the $444,220 Fair Market Value by 7%. This valuation gap offers $34,221 in Instant Equity for the incoming owner. Boasting a Good Condition Rating, the residence features high ceilings, a granite kitchen with stainless appliances, and a flexible loft perfect for a home office. Located in the premier Warner Center area near Woodland Hills Charter Academy, residents enjoy resort-style amenities including four pools and six tennis courts. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5540 Owensmouth 319 Subject | $409,999* List Price | 1 | 1 | 740 | $600 | - |
A 5540 Owensmouth 209 Sold | $375,000 | 1 | 1 | 610 | $615 | 0.0 mi |
B 5535 Canoga Avenue 207 Sold | $400,000 | 1 | 1 | 610 | $656 | 0.1 mi |
C 5550 Owensmouth 107 Sold | $385,000 | 1 | 1 | 610 | $631 | 0.0 mi |
D 21500 Burbank 222 Sold | $381,000 | 1 | 1 | 610 | $625 | 0.1 mi |
E 5515 Canoga Avenue 305 Sold | $405,000 | 1 | 1 | 740 | $547 | 0.2 mi |
F 21450 Burbank Boulevard 203 Sold | $362,000 | 1 | 1 | 610 | $593 | 0.1 mi |
G 5520 Owensmouth Avenue 103 Active | $379,900 List Price | 1 | 1 | 610 | $623 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows pride of ownership with several modern updates. Although built in 1987, the unit features contemporary water-resistant vinyl flooring, recessed lighting, and crown molding. The kitchen has been updated with granite countertops, a mosaic tile backsplash, and stainless steel appliances. The bathroom is well-maintained with matching granite counters and updated fixtures. While not a brand-new construction, the renovations and overall maintenance level align with the 'good' category.
The unit features a functional loft and high ceilings, providing a flexible space for a home office or guest room that significantly enhances the utility of the one-bedroom floor plan.
Located in the highly desirable Met community, residents enjoy access to premium amenities including multiple pools, tennis and racquetball courts, and a fitness center.
The property is situated in the heart of Woodland Hills, offering exceptional proximity to the Westfield Topanga malls, diverse dining options, and major employment hubs.
The monthly HOA fee of $540 is relatively high for a one-bedroom unit, which may impact the overall affordability and monthly carrying costs for budget-conscious buyers.
At approximately 740 square feet, the living space is compact, and the open-concept loft lacks the privacy of a traditional second bedroom.
Location, location, location! Take advantage of this excellent and spacious 1-bedroom, 1-bath unit with a wonderful loft, offering approximately 740 square feet of living space with high ceilings, located on the top floor of the highly desirable The Met community in Woodland Hills. The versatile loft is perfect for guests, and as your family grows, it can easily be used as a study, home office, or even an additional bedroom. This community offers a wide range of amenities, including resort-style pools, tennis courts, racquetball courts, a fitness center, and much more. The complex features beautifully maintained green areas and is situated in the highly sought-after Warner Center area. This charming unit features water-resistant vinyl flooring throughout most of the home. The bathroom includes a bathtub, tile flooring and walls, and a glass shower door. The kitchen is equipped with granite countertops, tile finishes, and stainless steel appliances, including a refrigerator, stove, and microwave. Conveniently located near schools, public transportation, shopping centers, malls, restaurants, bars, and more.
No exterior & parking available.
Grades 6-8 • 0.9 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 | 740 | 965 | 31% |
| Lot Size | 61,600 | 128,387.5 | 21% |
| Price | $410.0K | $517.5K | 29% |
| Price per sq ft | $554 | $553 | 50% |
| Built year | 1987 | 1987 | 50% |
| HOA | $540.0 | $568 | 36% |
| Days on market | 7 | 160 | 2% |
Apr 15, 2026
$409,999
Initial Listing
Dec 23, 2020
$373,000
Public Record
Sep 21, 2017
$348,000
Public Record
May 21, 2008
$280,000
Public Record
Mar 16, 2006
$361,500
Public Record