
Encino, California 91316
This Luxury Modern Condominium within the exclusive Balboa Villas is listed at $849,900, representing a premium for its 2016 Construction and Excellent Condition Rating. While the price sits above the $804,816 Fair Market Value, the home offers significant lifestyle value through its high-end Gourmet Kitchen, versatile bonus room, and Private Patio. Residents benefit from elite building amenities including concierge service, a fitness center, and earthquake insurance. This turnkey residence is a sophisticated match for Owner-Occupants or professionals seeking an upscale, maintenance-free Encino lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5015 Balboa Boulevard 103 Subject | $849,900* List Price | 2 | 2 | 1,350 | $596 | - |
A 5015 Balboa Boulevard 408 Sold | $1,060,000 | 2 | 2 | 1,540 | $688 | - |
B 4949 Genesta Avenue 212a Sold | $735,000 | 2 | 2 | 1,611 | $456 | 0.2 mi |
C 5139 Balboa Boulevard 2 Active | $709,000 List Price | 2 | 3 | 1,351 | $525 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property falls within the 10-year threshold for an excellent rating. The interior features high-end modern finishes including a gourmet kitchen with quartz countertops, a farmhouse sink, and GE stainless steel appliances. The bathrooms are equally updated with frameless glass showers and soaking tubs. With plantation shutters, contemporary flooring, and well-maintained systems, the home meets current quality standards with no signs of deferred maintenance.
The high-end kitchen features quartz countertops, a deep farmhouse sink, and premium GE stainless steel appliances, offering a contemporary and functional space for culinary enthusiasts.
Residents benefit from a luxury lifestyle with access to a concierge, fitness center, earthquake insurance, and community spaces, providing significant added value and security.
With 1,350 square feet of living space plus a flexible bonus area for an office or guest room, the layout accommodates various lifestyle needs and remote work setups.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =34181, other record lot size in square feet = 34042.
The unit includes two tandem parking spaces, which can be less convenient for multi-driver households compared to side-by-side parking arrangements.
At $799 per month, the association fees are relatively high, which may impact the overall affordability and monthly carrying costs for some buyers.
Amazing opportunity to own in The Balboa Villas, a beautifully designed community built in 2016. This immaculate, newer home offers approximately 1,350 square feet of thoughtfully designed living space. The spacious living room features plantation shutters and large sliding glass doors that open to a wonderful private patio, creating the perfect indoor-outdoor flow. The gourmet kitchen is a standout with quartz countertops, mosaic glass backsplash, deep farmhouse sink, abundant self-closing cabinetry, expansive counter space, a center island, and GE stainless steel appliances. The home offers 2 bedrooms, 2 full bathrooms, plus a versatile bonus space that can be used as a dining area, office, or guest room. The primary suite includes a spacious walk-in closet and a luxurious en-suite bathroom featuring dual sinks, quartz countertops, a frameless glass shower, and a separate soaking tub. The second bedroom is generously sized and adjacent to a full bathroom with a tub/shower and elegant tile surround. Additional features include plantation shutters throughout, an in-unit stackable washer and dryer closet, and two tandem parking spaces. Each unit has its own individual water meter, and gas is included in the monthly HOA dues. Community amenities include concierge service, earthquake insurance, a fitness center, library, community room, outdoor seating areas with barbecues and fireplace, and ample guest parking. Electric vehicle charging and storage cages are available for an additional fee. Conveniently located near restaurants, shopping centers, parks, and easy freeway access, this home offers both comfort and convenience in a highly desirable community.
No exterior & parking available.
Grades 6-8 • 2.3 mi
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 | 1,350 | 1,037 | 71% |
| Lot Size | 34,181 | 60,967 | 25% |
| Price | $849.9K | $433.0K | 96% |
| Price per sq ft | $630 | $376 | 96% |
| Built year | 2016 | 1971 | 96% |
| HOA | $799.0 | $652 | 78% |
| Days on market | 47 | 188 | 2% |
Mar 6, 2026
$849,900
Initial Listing
Mar 29, 2022
$825,000
Public Record
Jun 26, 2019
$705,000
Public Record