5550 Owensmouth Avenue 120, Woodland Hills, California 91367, Woodland Hills, 91367 - 3 bed, 2 bath
Loading property details...
Woodland Hills, California 91367
This Rare 3-Bedroom Resort-Style Residence is a High-Potential Investment Opportunity, listed at $539,900—positioned well below the $553,489 Fair Market Value by 2%. This valuation gap provides $13,589 in Instant Equity. Boasting a Condition Rating of 3, the unit features an updated granite kitchen, hardwood flooring, and a private balcony. Residents access premier amenities including 4 pools, a spa, and 6 tennis courts near Woodland Hills Charter Academy. This versatile asset is ideal for Owner-Occupants or Buy-and-Hold Investors seeking a high-demand Warner Center location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5550 Owensmouth Avenue 120 Subject | $539,900* List Price | 3 | 2 | 1,020 | $543 | - |
A 5530 Owensmouth Avenue 123 Sold | $515,000 | 2 | 2 | 1,010 | $510 | 0.1 mi |
B 21400 Burbank Boulevard 313 Sold | $550,000 | 2 | 2 | 1,030 | $534 | 0.1 mi |
C 5525 Canoga Sold | $527,500 | 2 | 2 | 920 | $573 | 0.2 mi |
D 5515 Canoga 318 Sold | $460,000 | 2 | 2 | 1,010 | $455 | 0.2 mi |
E 5565 Canoga Avenue 309 Sold | $535,000 | 2 | 2 | 1,040 | $514 | 0.1 mi |
F 5515 Canoga Ave. #329 329 Sold | $560,000 | 2 | 2 | 920 | $609 | 0.2 mi |
G 5540 Owensmouth Avenue 216 Active | $545,000 List Price | 2 | 2 | 920 | $592 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1987, the unit is well-maintained and move-in ready. It features an updated kitchen with granite countertops and stainless steel appliances, recently updated bathrooms, and hardwood flooring throughout. These renovations place it within the 5-15 year update window, meeting the criteria for 'Good' condition.
Located in the prestigious Met at Warner Center, the property offers unparalleled amenities including four pools, six tennis courts, a fitness center, and 24-hour guard-gated security.
This unit features a rare three-bedroom layout, providing significant value and versatility for growing families or professionals requiring a dedicated home office.
The property boasts an exceptional location within walking distance to The Village at Westfield Topanga and the upcoming Rams Village development, ensuring strong long-term appreciation.
The association fee of $617 per month is relatively high, which may impact the monthly carrying costs and overall affordability for some buyers.
At 1,020 square feet for a three-bedroom residence, the individual room sizes and common areas may feel constrained compared to more traditional detached homes.
Welcome to this beautifully updated condo in the highly sought-after The Met at Warner Center, offering a rare 3-bedroom, 2-bathroom layout. This light-filled residence features abundant windows and an open-concept design anchored by a cozy fireplace. The living area flows seamlessly onto an exceptionally large private balcony, creating a serene retreat ideal for relaxing or entertaining. The updated kitchen is appointed with granite countertops, stainless steel appliances, and ample cabinetry. Hardwood flooring throughout enhance the home’s modern appeal. The spacious primary suite includes its own full bathroom, while the generously sized second and third bedrooms provide comfort and flexibility. Two bathrooms were recently updated. An in-unit stackable washer and dryer add everyday convenience. Residents enjoy resort-style amenities including 4 multiple pools, 6 tennis courts, a fitness center, basketball and racquetball courts, spa areas, and 24-hour guard-gated security with patrol. Ideally located near premier destinations such as The Village at Westfield Topanga and redeveloping Ram’s Village, this home offers easy access to top-tier shopping, dining, and entertainment. A true Woodland Hills gem—this is a must-see opportunity you don’t want to miss.
No exterior & parking available.
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 87% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,020 | 1,015 | 50% |
| Lot Size | 67,734 | 124,411.5 | 26% |
| Price | $539.9K | $531.2K | 53% |
| Price per sq ft | $529 | $539 | 42% |
| Built year | 1987 | 1987 | 50% |
| HOA | $617.0 | $583 | 66% |
| Days on market | 39 | 166 | 5% |
Apr 28, 2026
$539,900
Initial Listing
Jul 11, 2016
$427,000
Public Record
Aug 12, 2011
$265,000
Public Record
Mar 11, 2008
$403,000
Public Record