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5151 Balboa Boulevard 202, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

5151 Balboa Boulevard 202, Encino, California 91316 home-pic-0
ACTIVE$630,000
5151 Balboa Boulevard 202, Encino, California 91316
2Beds
2Baths
956Sqft
23,078Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Accessibility: Ideally situated within walking distance to Ventura Boulevard and offering convenient access to the 101 and 405 freeways, enhancing daily convenience and commute.
Top Cons:
Compact Living Space: At 956 square feet, the unit offers a more compact living area, which may be a consideration for buyers seeking more expansive 2-bedroom accommodations.

Compared to the nearby listings

Price:$630.0K vs avg $480.0K (+$150,000)75%
Size:956 sqft vs avg 1,129.5 sqft28%
Price/sqft:$659 vs avg $40596%

More Insights

Built in 1988 (37 years old).
Condition: The property, built in 1988, has undergone significant recent updates, including a remodeled kitchen with granite countertops and stainless steel appliances, updated bathrooms with modern vanities and subway tile, new paint, and new carpet in the bedrooms. Hardwood floors are present in the living areas. While the building itself is older, these extensive renovations make the interior move-in ready with no immediate repairs or updates required. The overall condition, particularly the kitchen and bathrooms, reflects a well-maintained and updated property, aligning with the 'Good' criteria for properties extensively renovated within the last 5 to 15 years.
Year Built
1988
Close
-
List price
$630K
Original List price
$640K
Price/Sqft
$659
HOA
$400
Days on market
-
Sold On
-
MLS number
SR25104886
Home ConditionGood
Features
Deck
Spa
Patio
ViewNeighborhood

About this home

Property is available to show // Experience stylish Encino living in this updated condo featuring two spacious en-suite bedrooms on opposite sides of the unit for added privacy. Located in a newer, architecturally appealing building with low turnover, this home offers comfort, convenience, and modern design. The open floor plan is filled with natural light and showcases 10-foot ceilings, hardwood floors in the living area, and a cozy gas fireplace. The remodeled kitchen is equipped with granite countertops and stainless steel appliances—perfect for everyday use or entertaining. Both bedrooms have new paint and carpet, creating fresh, inviting spaces. Additional highlights include an in-unit washer and dryer, two side-by-side parking spaces in a secure subterranean garage, and elevator access. Community amenities include a spa, sauna, fitness room, barbecue patio, and guest parking. Ideally located just a short walk to Ventura Boulevard and minutes from the 101 and 405 freeways, this pet-friendly condo offers a perfect blend of urban access and relaxed living. With low HOA dues of $400 per month, this is a rare opportunity to own a beautiful home in one of Encino’s most desirable buildings. Also for lease at $3,200/mo

Condition Rating
Good
The property, built in 1988, has undergone significant recent updates, including a remodeled kitchen with granite countertops and stainless steel appliances, updated bathrooms with modern vanities and subway tile, new paint, and new carpet in the bedrooms. Hardwood floors are present in the living areas. While the building itself is older, these extensive renovations make the interior move-in ready with no immediate repairs or updates required. The overall condition, particularly the kitchen and bathrooms, reflects a well-maintained and updated property, aligning with the 'Good' criteria for properties extensively renovated within the last 5 to 15 years.
Pros & Cons

Pros

Prime Location & Accessibility: Ideally situated within walking distance to Ventura Boulevard and offering convenient access to the 101 and 405 freeways, enhancing daily convenience and commute.
Modern & Updated Interior: Features an updated condo with a remodeled kitchen (granite, stainless steel), new paint and carpet in bedrooms, hardwood floors, and 10-foot ceilings, providing a contemporary living experience.
Comprehensive Building Amenities: Residents benefit from a spa, sauna, fitness room, barbecue patio, guest parking, secure subterranean parking with two side-by-side spaces, and in-unit washer/dryer.
Privacy-Focused Layout: The unit boasts two spacious en-suite bedrooms positioned on opposite sides, ensuring maximum privacy for occupants.
Attractive HOA & Pet Policy: Low HOA dues of $400 per month, coupled with a pet-friendly policy, make this property financially appealing and accessible to a wider range of buyers.

Cons

Compact Living Space: At 956 square feet, the unit offers a more compact living area, which may be a consideration for buyers seeking more expansive 2-bedroom accommodations.
Absence of Explicit Cooling System: While a gas fireplace is mentioned for heating, the description does not specify the presence of a cooling system (e.g., central AC), which could be a drawback during Encino's warmer months.
Standard Neighborhood View: The property offers a 'Neighborhood' view, lacking the premium vistas (e.g., city lights, mountains) that some buyers might prioritize for higher value or aesthetic appeal.

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