4949 Genesta Avenue 111, Los Angeles, California 91316, Los Angeles, 91316 - 2 bed, 2 bath
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Los Angeles, California 91316
This 1,532 sq ft condominium represents a Strong Value Opportunity, listed at a List Price of $699,000—positioned well above the $639,269 Fair Market Value by -9%. While the property requires modernization, its Fair Condition Rating and expansive floor plan offer a clear path to value-add renovation. Featuring resort-style amenities like a pool, spa, and 24-hour doorman, this residence provides a prime Encino lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to customize a high-demand asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4949 Genesta Avenue 111 Subject | $629,000* List Price | 2 | 2 | 1,532 | $395 | - |
A 4949 Genesta Avenue 112a Sold | $700,000 | 2 | 2 | 1,611 | $435 | 0.0 mi |
B 4949 Genesta Avenue 201 Sold | $790,000 | 3 | 3 | 1,867 | $423 | 0.0 mi |
C 5139 Balboa Boulevard 12 Active | $649,000 List Price | 2 | 2 | 1,486 | $437 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this 50-year-old unit shows some signs of mid-life updates such as recessed lighting, plantation shutters, and laminate flooring, placing it in the 'Fair' category. While functional and spacious, the property is dated and likely requires modernization of the kitchen and bathrooms to meet current market standards, and the patio area shows significant age-related wear.
Situated directly across from a park and tennis courts and just steps from Ventura Boulevard, the property offers exceptional walkability to premium shops, cafes, and daily conveniences.
The building provides a high-end lifestyle with 24-hour doorman service, controlled access, a fitness center, pool, and spa, ensuring both security and luxury.
At 1,532 square feet, this residence features an oversized floor plan with generous living and dining areas, offering significantly more space than a standard two-bedroom condominium.
The monthly HOA fee of $1,401.99 is substantial and may impact the overall affordability and monthly carrying costs for potential buyers.
Built in 1974, the property may require interior updates or cosmetic renovations to meet the aesthetic expectations of contemporary luxury buyers.
Welcome to this spacious 1,532 sq ft 2 bedroom, 2 bath condominium located in one of Encino's most desirable full amenity buildings. This residence offers an oversized floor plan with excellent natural light, generous living and dining areas, and a functional layout ideal for both end users and investors. The building features twenty-four hour doorman service, controlled access, and resort style amenities including a pool, spa, fitness center, and beautifully maintained common areas. Situated across from a park and tennis courts and just steps from Ventura Blvd, this home provides close proximity to shops, cafes, restaurants, and everyday conveniences. With a motivated seller, this is a prime opportunity to secure a high demand Encino property.
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 | 1,532 | 1,243 |
| Lot Size | 59,278 | 24,016 |
| Price | $629.0K | $805.6K |
| Price per sq ft | $411 | $659 |
| Built year | 1974 | 1981 |
| HOA | $1401.99 | $684 |
| Days on market | 12 | 71 |
Jul 21, 2026
$629,000
$699,000
-10% Price Drop
Initial Listing
Jul 10, 2026
$699,000
Initial Listing