
Woodland Hills, California 91367
This Turnkey Condominium represents a Strong Value Opportunity, listed at $499,000—positioned well below the $506,376 Fair Market Value by 1%. This valuation gap offers $7,376 in Instant Equity. Featuring a Condition Rating of 2 with recent renovations including white shaker cabinets and quartz countertops, the home is move-in ready. With a private deck and proximity to major freeways, this property is an ideal acquisition for first-time buyers or investors seeking a low-maintenance asset in a prime Woodland Hills location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5720 Owensmouth Avenue Subject | $499,000* List Price | 2 | 2 | 878 | $577 | - |
A 5565 Canoga Sold | $510,000 | 2 | 2 | 920 | $554 | 0.2 mi |
B 5525 Canoga Avenue 218 Sold | $470,000 | 2 | 2 | 960 | $490 | 0.3 mi |
C 5510 Owensmouth 212 Sold | $525,000 | 2 | 2 | 920 | $571 | 0.2 mi |
D 5550 Owensmouth Sold | $555,000 | 2 | 2 | 910 | $610 | 0.1 mi |
E 5540 Owensmouth Avenue 205 Sold | $480,000 | 2 | 2 | 920 | $522 | 0.2 mi |
F 5540 S Owensmouth Avenue 107 Sold | $496,000 | 2 | 2 | 920 | $539 | 0.2 mi |
G 5520 Owensmouth Avenue 117 Sold | $490,000 | 2 | 2 | 920 | $533 | 0.2 mi |
H 21650 21650 Burbank Blvd. 206 Sold | $535,000 | 2 | 2 | 1,219 | $439 | 0.1 mi |
I 6275 Canoga Avenue 73 Active | $445,000 List Price | 2 | 1 | 859 | $518 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1980, the interior shows a comprehensive recent renovation (likely <5 years) including a modern kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances, along with new flooring, recessed lighting, and updated bathroom fixtures.
Situated in the highly sought-after Woodland Hills community, this property offers exceptional proximity to premier shopping, dining, parks, and major freeways, ensuring high desirability and long-term value.
The seller is explicitly motivated and has implemented multiple price reductions from the original $565,000 to $499,000, providing a significant opportunity for buyers to negotiate a favorable deal.
Priced under $500,000, this property serves as an ideal starter home or investment opportunity in a prestigious neighborhood where entry-level inventory is often limited.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =174672, other record lot size in square feet = 174617. Living area discrepancy between mls listing and other public or private record. mls listing living area = 878, other record living area = 1263.
The monthly HOA fee of $635 is relatively high for a unit of this size, which may impact the overall affordability and debt-to-income ratio for potential buyers.
With only 878 square feet of living space for a two-bedroom unit, the interior layout may feel cramped and offer limited storage compared to other residential options in the area.
SELLER MOTIVATED AND WANTS IT SOLD!!!. Charming starter home in the highly sought-after community of Woodland Hills. This inviting property features 2 spacious bedrooms and 1.5 bathrooms, offering a functional layout that's perfect for first-time buyers, downsizers, or investors. Conveniently located near shopping, dining, parks, and major freeways, this home provides an excellent opportunity to own in one of the San Fernando Valley's most desirable neighborhoods. Don't miss your chance to make this Woodland Hills gem your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 878 | 922.632 |
| Lot Size | 174,672 | 80,271.447 |
| Price | $499.0K | $567.0K |
| Price per sq ft | $568 | $518 |
| Built year | 1980 | 1987 |
| HOA | $635.0 | $582 |
| Days on market | 28 | 66 |
Sep 1, 2026
$499,000
$525,000
-5% Price Drop
Initial Listing
Aug 22, 2026
$525,000
$560,000
-6% Price Drop
Initial Listing
Aug 20, 2026
$560,000
$565,000
-1% Price Drop
Initial Listing
Aug 12, 2026
$565,000
Initial Listing
Jul 15, 2013
$382,000
Public Record
Aug 23, 2005
$455,000
Public Record