
Encino, California 91316
This Condominium represents a High-Potential Investment Opportunity, listed at $485,000—positioned well above the $421,446 Fair Market Value by -15%. While the price reflects a premium, the property maintains a Condition Rating of 3, featuring modern wood-style flooring, an updated kitchen with a farmhouse sink, and dual private balconies. Residents enjoy resort-style amenities including a community pool and spa. Its strategic location near Ventura Boulevard and major freeways ensures strong rental demand, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17800 Burbank 204 Subject | $485,000* List Price | 2 | 2 | 965 | $437 | - |
A 17914 Magnolia Boulevard 127 Sold | $485,000 | 2 | 2 | 1,157 | $419 | 0.5 mi |
B 17914 Magnolia Boulevard 125 Sold | $470,000 | 2 | 2 | 1,010 | $465 | 0.5 mi |
C 5429 Newcastle Sold | $400,000 | 2 | 2 | 1,013 | $395 | 0.3 mi |
D 17711 Margate Street 103 Sold | $474,900 | 2 | 2 | 1,149 | $413 | 0.2 mi |
E 5429 Newcastle Avenue 309 Sold | $410,000 | 2 | 2 | 1,068 | $384 | 0.3 mi |
F 5400 Newcastle Avenue 56 Sold | $405,000 | 2 | 2 | 1,111 | $365 | 0.3 mi |
G 5429 Newcastle 204 Sold | $385,000 | 2 | 2 | 1,092 | $353 | 0.3 mi |
H 5354 Lindley 310 Sold | $428,000 | 1 | 1 | 908 | $471 | 0.4 mi |
I 5325 Newcastle Avenue 207 Pending | $389,000 List Price | 2 | 2 | 940 | $414 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1986, the property has been well-maintained and partially updated. It features modern wood-style flooring, recessed lighting, plantation shutters, and updated closet doors. The kitchen includes a newer oven and farmhouse sink, making it move-in ready and functional for its age.
Ideally situated near Ventura Boulevard's premier dining and shopping, with rapid access to the 101 and 405 freeways for convenient commuting to the Westside and Downtown LA.
The unit features an updated kitchen with a trendy farmhouse sink and new oven, along with premium plantation shutters and a cozy fireplace that add significant aesthetic value.
Residents benefit from two private balconies providing ample natural light and outdoor space, plus access to a community pool and spa for a resort-like lifestyle.
The association fee of $598 per month is relatively high for a condo of this size, which may affect the monthly carrying costs for budget-conscious buyers.
With only 965 square feet for a two-bedroom configuration, the interior space may feel restrictive for those requiring larger bedrooms or more expansive common areas.
Wonderful 2-bedroom, 2-bathroom condo featuring spacious closets and a bright, open layout. The updated kitchen includes a new oven and a charming farmhouse sink. The inviting living room offers a cozy fireplace, plantation shutters, and access to two private balconies, filling the home with natural light. Residents can enjoy the community pool and spa. Conveniently located just minutes from the best restaurants and shops along Ventura Boulevard, as well as Westfield Topanga and Sherman Oaks Galleria. Enjoy easy access to the 101 and 405 Freeways, making commuting to the Westside, Downtown Los Angeles, and nearby beaches convenient. Refrigerator Washer and Dryer included.
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 | 965 | 1,517 |
| Lot Size | 21,664 | 156,600 |
| Price | $485.0K | $494.0K |
| Price per sq ft | $503 | $391 |
| Built year | 1986 | 1973 |
| HOA | $598.0 | $709 |
| Days on market | 20 | 80 |
Jul 2, 2026
$485,000
Initial Listing
Jul 16, 2013
$270,000
Public Record
Aug 29, 2005
$350,000
Public Record
Feb 20, 2004
$287,000
Public Record
Nov 21, 2003
$257,000
Public Record