5139 Balboa Boulevard 203, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath
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Encino, California 91316
This Turnkey Condominium represents a Strong Value Opportunity, listed at $597,500—positioned well above the $523,917 Fair Market Value by -14%. While priced above current estimates, the property features a Good Condition Rating with modern upgrades including a Granite Kitchen and EV Charger. Located in a prime Encino neighborhood, this unit offers a lifestyle-focused layout with a Gas Fireplace and Private Balcony. This is an ideal acquisition for Owner-Occupants seeking a move-in ready residence or first-time buyers prioritizing location and convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5139 Balboa Boulevard 203 Subject | $597,500* List Price | 2 | 2 | 1,232 | $425 | - |
A 5301 Balboa Boulevard 5b Sold | $526,000 | 2 | 2 | 1,385 | $380 | 0.2 mi |
B 5301 Balboa Boulevard F8 Sold | $545,000 | 2 | 2 | 1,378 | $396 | 0.2 mi |
C 5301 Balboa Boulevard D9 Sold | $510,000 | 2 | 2 | 1,415 | $360 | 0.2 mi |
D 5215 Balboa Boulevard 203 Sold | $540,000 | 2 | 2 | 1,095 | $493 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1974, the unit has undergone significant renovations likely within the last 5-15 years. The kitchen features granite countertops and stainless steel appliances, and the living areas have updated laminate flooring and recessed lighting. The property is functional and move-in ready, fitting the 'Good' criteria for well-maintained renovated spaces.
Situated just north of Ventura Boulevard, this property offers exceptional access to premium shopping, dining, and entertainment in one of the San Fernando Valley's most desirable neighborhoods.
The condo features a nicely updated kitchen, a stunning gas fireplace, and the highly sought-after convenience of an in-unit washer and dryer.
The unit includes two parking spaces equipped with a private EV charger and additional storage, providing significant value for electric vehicle owners.
The monthly HOA fee of $638 is relatively high, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
The two assigned parking spaces are in a tandem arrangement, which can be less convenient for multi-car households compared to side-by-side parking.
Great Encino location just north of Ventura Boulevard. Nicely updated 2 bed and 2bath condo. Bride open floor plan. The spacious living room features a stunning gas fireplace, and leads to a large balcony. Updated kitchen. The oversized primary bedroom has a large walk-in closet and a nice bathroom. Good size second bedroom with another bathroom. Washer and dryer in the unit. This gated condo complex features a recreational room, pool, spa and large outdoor areas. 2 tandem parking in the garage with EV Charger. Also, storage cabinet.
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 | 1,232 | 1,517 |
| Lot Size | 56,071 | 156,600 |
| Price | $597.5K | $494.0K |
| Price per sq ft | $485 | $391 |
| Built year | 1974 | 1973 |
| HOA | $638.0 | $709 |
| Days on market | 20 | 80 |
Jul 2, 2026
$597,500
Initial Listing
Sep 30, 2020
$547,500
Public Record
Feb 13, 2008
$355,000
Public Record