17140 Burbank Boulevard 207, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath
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Encino, California 91316
This Spacious Value-Add Condominium is listed at $650,000, offering a rare square-footage advantage in the Encino market relative to its $617,888 Fair Market Value. Holding a Condition Rating of 4, the property is a functional but outdated residence providing nearly 2,000 square feet of "blank canvas" potential for forced appreciation. Key highlights include city and valley views, an expansive primary suite, and access to highly regarded Encino schools. This is a strategic acquisition for Value-Add Investors or Owner-Occupants prepared to trade cosmetic updates for long-term equity in a premier location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17140 Burbank Boulevard 207 Subject | $650,000* List Price | 2 | 2 | 1,955 | $327 | - |
A 4949 Genesta Avenue 201 Sold | $790,000 | 3 | 3 | 1,867 | $423 | 0.7 mi |
B 5333 Zelzah Avenue 338 Sold | $771,000 | 3 | 2 | 2,472 | $312 | 0.9 mi |
C 5240 Zelzah Avenue 106 Sold | $840,000 | 3 | 3 | 2,233 | $376 | 0.9 mi |
D 5340 Yarmouth 205 Sold | $650,000 | 2 | 2 | 1,727 | $376 | 0.8 mi |
E 5301 Balboa Boulevard 5b Sold | $526,000 | 2 | 2 | 1,385 | $380 | 0.4 mi |
F 5301 Balboa Boulevard D9 Sold | $510,000 | 2 | 2 | 1,415 | $360 | 0.4 mi |
G 5216 Yarmouth Avenue 305 Active | $724,000 List Price | 2 | 2 | 1,938 | $374 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this property is functional and well-maintained but significantly outdated, as evidenced by the listing's emphasis on 'endless potential' and 'ready for updates.' The kitchen and bathrooms appear to retain older styles and fixtures that do not meet modern luxury standards. While the unit offers expansive square footage and 'great bones,' it requires cosmetic and functional modernization throughout, including likely updates to flooring, appliances, and cabinetry.
Boasting nearly 2,000 square feet, this residence offers an exceptionally large and flexible floor plan for a two-bedroom condo, providing a spacious, house-like feel.
Situated moments from Ventura Boulevard's premier dining and shopping with easy access to the 101 and 405 freeways, the property offers unparalleled convenience and proximity to top-rated schools.
The oversized balcony significantly extends the living space and offers impressive city light and valley views, creating a perfect environment for entertaining or a private garden retreat.
The property is described as having 'great bones' and being ready for updates, indicating that buyers will likely need to invest additional capital into cosmetic or functional renovations.
At over $840 per month, the HOA fee is relatively high, which may impact monthly affordability and deter budget-conscious buyers despite the included resort-style amenities.
Welcome to this spacious 2-bedroom, 2-bathroom condo offering nearly 2,000 square feet of comfortable living in the heart of Encino. Designed with an expansive and flexible floor plan, this residence features in-unit laundry and an impressive balcony that seamlessly extends your living space outdoors. The generous primary suite is highlighted by soaring ceilings, abundant closet space, and a private en-suite bath. The oversized balcony provides the perfect setting for entertaining, relaxing, gardening, or creating your own outdoor retreat. With great bones and endless potential, this home is ready for its next owner to update and make it their own. Located within a well-maintained community offering secure entry, gated parking, and resort-style amenities, the property delivers both comfort and peace of mind. Just moments from Ventura Boulevard's renowned dining, shopping, and entertainment, and with easy access to the 101 and 405 freeways, the location offers exceptional convenience. Close proximity to highly regarded Encino schools further enhances the long-term value of this rare opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,955 | 1,073 | 94% |
| Lot Size | 144,514 | 60,966 | 69% |
| Price | $650.0K | $416.2K | 83% |
| Price per sq ft | $332 | $374 | 20% |
| Built year | 1979 | 1971 | 89% |
| HOA | $840.22 | $635 | 85% |
| Days on market | 101 | 189 | 15% |
Feb 25, 2026
$650,000
Initial Listing
Sep 5, 2003
$449,500
Public Record