
Woodland Hills, California 91367
This property presents a High-Potential Investment Opportunity with a List Price of $388,000—positioned well above the $357,998 Fair Market Value by -8%. Featuring a Poor Condition Rating due to dated finishes, this unit offers significant value-add potential through cosmetic renovation. Located in the guard-gated "MET" community, the unit includes a private balcony, fireplace, and access to pools and tennis courts. This asset is ideal for Buy-and-Hold Investors seeking rental demand or first-time buyers looking to build equity through sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5545 Canoga Avenue 220 Subject | $388,000* List Price | 1 | 1 | 670 | $534 | - |
A 5545 Canoga Avenue 320 Sold | $375,000 | 1 | 1 | 610 | $615 | 0.0 mi |
B 5515 Canoga Avenue 305 Sold | $405,000 | 1 | 1 | 740 | $547 | 0.1 mi |
C 6021 Fountain Park Ln 2 Sold | $375,000 | 2 | 1 | 818 | $458 | 0.8 mi |
D 5535 Canoga Active | $399,999 List Price | 1 | 1 | 610 | $656 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1987 (37 years old) and shows no evidence of recent renovations. Interior photos reveal dated track lighting and worn carpeting; per the criteria, properties over 30 years old with original/dated finishes requiring rehab fall into the poor category.
Located in the prestigious 'Met' community, residents enjoy 24-hour guard-gated security and extensive facilities including four pools, six tennis courts, a gym, and various sports courts.
This coveted end-unit is strategically positioned away from the 101 Freeway noise and is just steps from the main pool, offering a quieter and more convenient living experience.
Situated in the heart of Warner Center and adjacent to the new Rams practice facility, the property benefits from high walkability to premier shopping, dining, and future appreciation potential.
The monthly HOA fee of $553 is relatively high for a one-bedroom unit, which may impact the monthly carrying costs and overall affordability for some buyers.
With only 670 square feet of living area, the unit is quite compact, which may be a drawback for those requiring a home office or more generous living proportions.
Welcome to The Met in Woodland Hills, a sought-after 24-hour luxury guard-gated community in the heart of Warner Center. One of the larger one-bedroom floor plans in the community, this desirable 670-square-foot end unit offers approximately 60 more square feet than many comparable one-bedroom models. Ideally located away from the 101 Freeway and just steps from the main pool, it also has no unit above, providing added privacy and a quieter setting. The bright, open floor plan features a cozy fireplace, private balcony, and a spacious kitchen with granite countertops and ample cabinetry. Open the bedroom window and the double-pane sliding glass door to enjoy a refreshing cross breeze flowing through the home. When it's time to relax, simply close the sliding glass door and appreciate the remarkable quiet this thoughtfully located home has to offer. Two covered tandem parking spaces are conveniently located in the garage beneath the building, while abundant nearby guest parking adds everyday convenience. Enjoy resort-style amenities including four pools, sauna, hot tub, poolside deck, six tennis courts, fitness center, indoor basketball court, indoor racquetball court, playground, and beautifully landscaped grounds. Conveniently located close to the planned Rams practice facility and the exciting future growth of Warner Center, this home offers the perfect blend of comfort, convenience, and lifestyle. Located across from the future Wisteria at Warner Center which will feature a central park that will provide a serene environment. Some features can be listed—others simply need to be experienced. Come see for yourself what makes this home so special. The monthly HOA dues shown in the listing reflect the association's recent increase.
No exterior & parking available.
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 670 | 910 |
| Lot Size | 68,084 | 70,652.5 |
| Price | $388.0K | $571.9K |
| Price per sq ft | $579 | $533 |
| Built year | 1987 | 1987 |
| HOA | $553.0 | $554 |
| Days on market | 30 | 74 |
Jun 22, 2026
$388,000
Initial Listing
Sep 6, 2012
$195,000
Public Record