
Encino, California 91316
This Stunning Top-Floor Penthouse is listed at $685,000, positioned near its $634,531 Fair Market Value following recent price adjustments. Boasting an Excellent Condition Rating, the residence features high-end "model perfect" upgrades including Soaring Cathedral Ceilings, a Designer Kitchen with artisan finishes, and Wide-Plank Hardwood Floors. Residents enjoy a resort-like lifestyle with a Sparkling Pool, Indoor Spa, and a comprehensive HOA covering earthquake insurance. Located steps from Ventura Boulevard and within the Los Angeles Unified district, this turnkey sanctuary is a perfect match for Owner-Occupants or first-time buyers seeking a sophisticated, maintenance-free lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17711 Margate 313 Subject | $665,000* List Price | 2 | 2 | 1,428 | $434 | - |
A 5440 Lindley 201 Sold | $670,000 | 2 | 2 | 1,582 | $424 | 0.4 mi |
B 5216 Yarmouth Avenue 106 Sold | $665,000 | 2 | 2 | 1,786 | $372 | 0.2 mi |
C 5301 Balboa Boulevard M4 Sold | $540,000 | 2 | 2 | 1,415 | $382 | 1.0 mi |
D 5334 Lindley Avenue 115 Sold | $522,000 | 2 | 2 | 1,205 | $433 | 0.4 mi |
E 4950 Louise 108 Sold | $528,000 | 2 | 2 | 1,144 | $462 | 0.8 mi |
F 5250 Zelzah Avenue 12a Sold | $617,500 | 3 | 2 | 1,554 | $397 | 0.2 mi |
G 17711 Margate Street 103 Active | $499,000 List Price | 2 | 2 | 1,149 | $434 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1973, the unit has undergone a complete high-end renovation within the last 5 years. It features a designer kitchen with stone countertops and premium appliances, wide-plank hardwood floors, updated central HVAC, and modern recessed lighting, putting it in mint, move-in condition.
This top-floor unit features high-end 'model perfect' renovations, including soaring cathedral ceilings, a designer kitchen with artisan finishes, and wide-plank hardwood flooring throughout.
Located in the heart of Encino, the property offers a rare walkable lifestyle with immediate proximity to Ventura Boulevard, Trader Joe's, and premier dining and shopping.
The association dues provide significant value by covering earthquake insurance, water, gas, and trash, alongside resort-style amenities like a pool, spa, and sauna.
The monthly HOA fee of $735.81 is substantial and may deter budget-conscious buyers or impact financing debt-to-income ratios.
The property has undergone three consecutive price reductions since February, dropping from $749,000 to $685,000, which may suggest initial overpricing or a lack of buyer urgency.
Must see Top Floor Encino High End Remodeled Condo. This Condo offers a Spacious 1 Level Living Space with Vaulted Ceilings and tons of Natural Light. Upgrades include a Remodeled Kitchen with Custom Cabinets, Stone Counters, Deep Farmhouse Sink, Premium LG Stainless Steel Appliances and Front Load Washer & Dryer. Living Room offers a Stylish Wet Bar with Wine Fridge, Cozy Fireplace, Wide Plank Wood Floors which run throughout and Plantation Shutters. Both Bathrooms are completely Remodeled with High End Tile and Rain Head Showers. The Unit also offers Dual Paned Windows, Recessed LED Lighting, Central Heating/AC, 4 LED Mounted TV's and 2 Side by Side Parking Spots. HOA Dues cover General and Earthquake Insurance, Water, Gas, Trash and Common Area Maintenance. The HOA allows Owner to install Electric Car Chargers. The Complex is walkable to Ventura Blvd., Premier Shopping, Trader Joe's, World-Class Dining and Close to Freeway Access. Most of the furniture can be included as part of the sale. SELLER WILLING TO CREDIT BUYER UP TO 6 MONTHS OF HOA DUES AT CLOSING.
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 | 1,428 | 1,073 | 80% |
| Lot Size | 77,073 | 60,966 | 59% |
| Price | $665.0K | $416.2K | 83% |
| Price per sq ft | $466 | $378 | 89% |
| Built year | 1973 | 1971 | 78% |
| HOA | $735.81 | $635 | 72% |
| Days on market | 108 | 189 | 20% |
May 14, 2026
$665,000
$669,000
-1% Price Drop
Initial Listing
Apr 28, 2026
$669,000
$685,000
-2% Price Drop
Initial Listing
Apr 1, 2026
$685,000
$699,000
-2% Price Drop
Initial Listing
Mar 16, 2026
$699,000
$729,000
-4% Price Drop
Initial Listing
Mar 9, 2026
$729,000
$749,000
-3% Price Drop
Initial Listing
Feb 18, 2026
$749,000
Initial Listing
Jan 4, 2022
$675,000
Public Record
Jan 14, 2005
$410,000
Public Record
Jun 14, 2002
$217,000
Public Record
Jan 12, 1999
$155,000
Public Record