4950 Louise 304, Encino, California 91316, Encino, 91316 - 1 bed, 1 bath
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Encino, California 91316
This Turnkey Condominium represents a Strong Value Opportunity, listed at a List Price of $450,000—positioned well below the $412,141 Fair Market Value by -9%. While the list price is slightly above market estimates, the property features an Excellent Condition Rating due to its recent, high-end renovations, including a contemporary kitchen and updated bath. With Mountain and Pool Views and a prime location near Ventura Boulevard, this residence offers a sophisticated lifestyle. It is an ideal acquisition for first-time buyers or down-sizers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4950 Louise 304 Subject | $450,000* List Price | 1 | 1 | 710 | $580 | - |
A 5328 Newcastle Avenue 61 Pending | $379,900 List Price | 1 | 1 | 833 | $456 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the building was constructed in 1963, the unit has undergone an extensive recent renovation, making it fully turnkey. The interior features a contemporary open-concept kitchen with white shaker cabinetry, quartz countertops, gold hardware, and stainless steel appliances. The home is updated with modern wide-plank flooring, recessed lighting, and a newly renovated bathroom, meeting the criteria for a property renovated within the last 5 years.
The unit is move-in ready with a newly renovated bathroom and a contemporary kitchen featuring modern finishes, saving buyers the time and expense of immediate upgrades.
Situated in a highly coveted area, the property offers exceptional walkability to Ventura Boulevard's dining and shopping, along with quick access to the 101 and 405 freeways.
This light-filled, open-concept unit features desirable views of the mountains and the pool, creating a more spacious and serene atmosphere than typical one-bedroom condos.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =26136, other record lot size in square feet = 26347.
The $525 monthly HOA fee is relatively high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for potential buyers.
Constructed in 1963, the building may lack modern amenities such as in-unit laundry or central HVAC, and could potentially face higher maintenance costs or future assessments.
Welcome to 4950 Louise Ave, a turnkey 1-bedroom, 1-bath Encino residence that pairs comfortable living with a coveted location. Thoughtful finishes throughout create a warm, move-in ready atmosphere. This light-filled unit offers an open-concept living and dining area, a contemporary kitchen with modern finishes, and a well-appointed bedroom with ample closet space. The bathroom is newly renovated and spacious. Enjoy nearby parks, top dining and shopping on Ventura Boulevard, and quick access to the 101/405 corridors. Ideal for first-time buyers, down sizers, or real estate enthusiast looking for a secondary home in a safe and thriving city. Schedule a showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 30% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 710 | 1,073 | 12% |
| Lot Size | 26,136 | 60,966 | 12% |
| Price | $450.0K | $411.8K | 54% |
| Price per sq ft | $634 | $378 | 98% |
| Built year | 1963 | 1971 | 4% |
| HOA | $525.0 | $624 | 26% |
| Days on market | 62 | 173 | 4% |
Apr 13, 2026
$450,000
Initial Listing
Jan 10, 2014
$255,000
Public Record
Oct 14, 2011
$170,000
Public Record
Oct 27, 2004
$210,000
Public Record
Jun 3, 2002
$145,000
Public Record
Jul 26, 2000
$88,000
Public Record
Oct 19, 1993
$90,000
Public Record