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5711 Owensmouth Avenue 131, Woodland Hills, California 91367, Woodland Hills, 91367 - 3 bed, 3 bath

5711 Owensmouth Avenue 131, Woodland Hills, California 91367 home-pic-0
ACTIVE$775,000
5711 Owensmouth Avenue 131, Woodland Hills, California 91367
3Beds
3Baths
1,804Sqft
185,242Lot
Year Built
1979
Close
-
List price
$775K
Original List price
$875K
Price/Sqft
$430
HOA
$690
Days on market
-
Sold On
-
MLS number
25483737
Home ConditionFair
Features
Good View: Pond, Pool, Creek/Stream
Deck
ViewPond, Pool, Creek/Stream

About this home

We found 3 Cons,5 Pros. Rank: price - $775.0K(76th), sqft - 1804(64th), beds - 3(56th), baths - 3(50th).

Welcome to a little piece of Paradise! Nestled into a beautifully landscaped setting among the hustle and bustle of Woodland Hills Warner Center area lies a hidden gem of a home. A rare end-unit that has been cared for by the owners for over 2 decades. With a little TLC, this lovely townhome can be made into a place called home. The ground level bonus room can easily double as a possible 4th bedroom conversion, office or gym space. HOA dues cover internet, water, cable, and earthquake insurance. Warner Village offers amenities such as pool and spa areas, a spacious recreational room, and beautifully landscaped walking paths along the bridges and streams. Just a short distance is Warner Park that has events all year long.

Condition Rating
Fair
Built in 1979, this property is well-maintained but shows significant signs of age and outdated styles. The kitchen features dated tiled countertops and backsplash, and older cabinets, despite the presence of newer stainless steel appliances. Bathrooms also exhibit outdated fixtures and styles. While functional and clean, the property requires substantial cosmetic updates and modernization to meet current aesthetic and quality standards, aligning with the 'aged but maintained' and 'major components functional but show signs of being outdated' criteria for a 'Fair' rating.
Pros & Cons

Pros

Prime Location: Nestled in the desirable Woodland Hills Warner Center area, offering urban convenience and proximity to Warner Park with year-round events.
Extensive Community Amenities: Warner Village provides a resort-like experience with pool, spa, spacious recreational room, beautifully landscaped walking paths along bridges and streams, and views of the pond, pool, and creek.
End-Unit Advantage: As a rare end-unit, the property offers enhanced privacy, fewer shared walls, and potentially more natural light compared to interior units.
Flexible Living Space: The ground-level bonus room presents a versatile opportunity for conversion into a 4th bedroom, home office, or gym, adding significant functional value.
Inclusive HOA Dues: The HOA covers essential services like internet, water, cable, and earthquake insurance, simplifying budgeting and reducing individual utility burdens.

Cons

Requires Renovation/Updates: The description explicitly states 'With a little TLC,' indicating that the property, built in 1979, will require investment for modernization and personalization after over two decades of ownership.
High Monthly HOA Dues: Despite the comprehensive inclusions, the $690 monthly association fee is substantial and represents a significant ongoing cost for potential buyers.
Price Adjustment History: The significant reduction from an original list price of $874,999 to $775,000 suggests either an initial overpricing or challenges in attracting buyers at the higher price point.

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