5139 Balboa Boulevard 9, Encino, California 91316, Encino, 91316 - 3 bed, 3 bath

5139 Balboa Boulevard 9, Encino, California 91316 home-pic-0
ACTIVE$699,000
5139 Balboa Boulevard 9, Encino, California 91316
3Beds
3Baths
1,695Sqft
56,071Lot
Year Built
1974
Close
-
List price
$699K
Original List price
$719K
Price/Sqft
$412
HOA
$638
Days on market
-
Sold On
-
MLS number
25582079
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $699.0K(29th), sqft - 1695(14th), beds - 3(50th), baths - 3(50th).

Welcome to this spacious and stylish 3-bedroom, 2.5-bathroom townhouse/condo located in the heart of Encino, one of the San Fernando Valley's most desirable communities. Just north of Ventura Boulevard, you'll have easy access to top-rated restaurants, shopping, and entertainment, while being close to local parks, hiking trails, and a community garden perfect for outdoor enthusiasts and families alike. Step inside to a bright, open-concept living area featuring a gas fireplace, dry bar, and recessed lighting throughout. The generous layout includes a formal dining area, plus a secondary dining nook and breakfast counter adjacent to the updated kitchen ideal for entertaining or casual family meals. Enjoy the comfort of freshly painted interiors, central A/C and heat (Nest operated), a reverse osmosis water system, updated bathrooms, and included appliances: Washer, Dryer, Refrigerator, Oven & Stove. Extra closet space provides plenty of room for storage, and your own garden area just off the front patio offers a peaceful, personal outdoor retreat. This well-maintained community boasts resort-style amenities, including a pool, spa, gym, recreation room, and picnic area. You'll also benefit from two tandem parking spaces and access to some of the top rated schools in the area. Don't miss the opportunity to own this move-in-ready gem in one of Encino's most coveted locations. Comfort, convenience, and California living all come together here.

Price History

Date
Event
Price
10/01/25
Price Change
$699,000-2.8%
08/23/25
Listing
$719,000
Condition Rating
Good

This property, built in 1974, has undergone significant and recent updates, making it move-in ready. The kitchen features modern white shaker cabinets, stainless steel appliances, and a contemporary subway tile backsplash. Bathrooms are updated with clean finishes and modern fixtures. The interior boasts fresh paint, recessed lighting, updated flooring (dark wood laminate and clean carpets), and a Nest-operated central A/C and heating system. While the base structure is older, the extensive renovations bring the property's condition firmly into the 'Good' category, requiring no immediate updates.
Pros & Cons

Pros

Prime Location & Accessibility: Located in the heart of Encino, just north of Ventura Boulevard, offering easy access to top-rated restaurants, shopping, entertainment, local parks, hiking trails, and a community garden.
Extensive Community Amenities: The well-maintained community provides resort-style amenities including a pool, spa, gym, recreation room, and picnic area, enhancing lifestyle and value.
Move-in Ready & Updated Interiors: The property features freshly painted interiors, central A/C and heat (Nest operated), a reverse osmosis water system, updated bathrooms, and includes essential appliances, minimizing immediate buyer expenses.
Desirable Interior Features: Boasts a bright, open-concept living area with a gas fireplace, dry bar, recessed lighting, a formal dining area, and an updated kitchen with a secondary dining nook and breakfast counter.
Private Outdoor Space & Parking: Includes a private garden area off the front patio for personal outdoor enjoyment, along with two dedicated tandem parking spaces.

Cons

High Monthly Association Fee: The $638.0 monthly association fee is substantial and adds a significant recurring cost to homeownership, which may impact affordability.
Tandem Parking Arrangement: The two tandem parking spaces can be inconvenient for daily use, particularly for households with multiple vehicles or frequent guest parking requirements.
Building Age: Constructed in 1974, the building's age, despite interior updates, could imply older common area infrastructure and potential for future HOA assessments for major repairs or upgrades.

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