
Woodland Hills, California 91367
This Updated Corner Condominium is a High-Potential Investment Opportunity, listed at $394,000—positioned well below the $439,681 Fair Market Value by 10%. This valuation gap offers $45,681 in Instant Equity. The unit maintains a Good Condition Rating and features a rare den space, stainless steel kitchen, and wraparound balcony. Located in the guard-gated "Met" community near Woodland Hills Charter Academy, it combines resort-style amenities with strong financial upside. This is an ideal entry point for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5565 Canoga Avenue 119 Subject | $394,000* List Price | 1 | 1 | 770 | $571 | - |
A 21500 Burbank 222 Sold | $381,000 | 1 | 1 | 610 | $625 | 0.1 mi |
B 5515 Canoga Avenue 305 Sold | $405,000 | 1 | 1 | 740 | $547 | 0.1 mi |
C 21450 Burbank Boulevard 203 Sold | $362,000 | 1 | 1 | 610 | $593 | 0.1 mi |
D 5540 Owensmouth 209 Sold | $375,000 | 1 | 1 | 610 | $615 | 0.1 mi |
E 5550 Owensmouth 107 Sold | $385,000 | 1 | 1 | 610 | $631 | 0.1 mi |
F 21520 Burbank Boulevard 116 Sold | $495,000 | 2 | 2 | 920 | $538 | 0.0 mi |
G 5500 Owensmouth Avenue 311 Active | $415,000 List Price | 1 | 1 | 740 | $561 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been well-maintained with several modern updates. Although built in 1987, the unit features contemporary wood-look laminate flooring throughout, an updated kitchen with dark wood cabinetry, stone countertops, and stainless steel appliances. The bathroom has also been refreshed with a newer vanity and stone top. While not a brand-new construction or a total 'to-the-studs' renovation within the last 5 years, the quality of the finishes and the condition of the fixtures place it firmly in the 'Good' category.
The rare inclusion of a den in this one-bedroom floor plan provides exceptional flexibility, serving as a functional home office, guest space, or nursery to meet modern lifestyle needs.
Situated in 'The Met,' the property offers a high-end lifestyle with 24/7 guard-gated security, multiple swimming pools, a fitness center, and tennis and basketball courts.
The unit is ideally located in the heart of Woodland Hills, offering immediate proximity to premier shopping and dining at Westfield Topanga, The Village, and major retailers like Whole Foods and Costco.
The lack of in-unit laundry hookups requires residents to use community facilities, which may be seen as a convenience drawback compared to newer condominium developments.
The assigned parking consists of tandem spots, which can be less efficient and more cumbersome for households with two vehicles compared to side-by-side parking.
Welcome to your new home! This rare, delightful 1 bedroom (plus a den), 1 bathroom unit offers 770 square feet of charm and comfort. Nestled in the heart of the complex, this corner unit, with no neighbors in front, provides the perfect blend of privacy and accessibility. Large windows fill the space with natural light, creating a warm and inviting atmosphere. The den is a fantastic bonus, ideal for a home office, a playroom for kids, or even a cozy guest bedroom. Picture yourself relaxing by the fireplace in the living room or enjoying sunny days on the wraparound balcony. The kitchen, equipped with stainless steel appliances, is ready for your culinary adventures, all while being tucked away from busy streets for a peaceful retreat. The unit comes with assigned tandem parking spots. Now, let's talk about the community! "The Met" is a gated oasis with 24/7 guard services, making you feel secure and at home. You'll love the resort-style amenities, including refreshing pools, a clubhouse for gatherings, a fitness room to keep you active, and courts for tennis and basketball. Plus, there's a playground for the little ones and laundry facilities for added convenience. It's a pet-friendly community, too, so your furry friends are welcome! (FHA-approved!) And the location? You'll be in the vibrant Woodland Hills Warner Center area, surrounded by an array of fantastic restaurants, shops, and entertainment. Explore the Village Woodland Hills, indulge in retail therapy at Westfield Topanga Mall, or pick up groceries at Costco, Target, Whole Foods, or Trader Joe's. Don't forget movie nights at the nearby AMC theaters! Everything you need is just moments from your doorstep.
No exterior & parking available.
Grades 6-8 • 0.8 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 | 770 | 965 | 31% |
| Lot Size | 44,605 | 128,387.5 | 14% |
| Price | $394.0K | $517.5K | 24% |
| Price per sq ft | $512 | $550 | 26% |
| Built year | 1987 | 1987 | 50% |
| HOA | $559.0 | $569 | 50% |
| Days on market | 27 | 160 | 2% |
Mar 26, 2026
$394,000
Initial Listing
Jun 28, 2021
$421,000
Public Record
Jun 20, 2008
$310,000
Public Record