
Encino, California 91316
This Turnkey Condominium is a High-Potential Investment Opportunity, listed at $639,000—positioned above the $545,229 Fair Market Value. While priced at a premium, the property features a Mint Condition Rating following a high-end renovation, including Taj Mahal stone countertops and premium appliances. Located in prime Encino, this residence offers a sophisticated lifestyle with resort-style amenities and a private balcony. This is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or first-time buyers prioritizing location and modern luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5151 Balboa Boulevard 303 Subject | $639,000* List Price | 2 | 2 | 956 | $570 | - |
A 5151 Balboa Boulevard 104 Sold | $475,000 | 2 | 2 | 905 | $525 | 0.0 mi |
B 5215 Balboa Boulevard 203 Sold | $540,000 | 2 | 2 | 1,095 | $493 | 0.1 mi |
C 5151 Balboa Boulevard 303 Active Under Contract | $650,000 List Price | 2 | 2 | 956 | $680 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a very recent high-end renovation (likely <5 years) including a newly upgraded kitchen with Taj Mahal stone countertops, premium appliances, and recessed lighting. The unit includes modern systems like high-end LG ThinQ laundry and a new sliding door, presenting in mint, move-in condition despite the 1988 original build date.
Situated just blocks from Ventura Boulevard and Encino Commons, the property offers exceptional walkability to premier dining, boutique shopping, and fitness centers like Equinox, with easy access to the 101 and 405 freeways.
This top-floor unit features soaring ceilings and a recently remodeled kitchen equipped with premium appliances, Taj Mahal stone countertops, and a wine refrigerator, offering a modern and luxurious living environment.
The well-designed split-bedroom floor plan provides maximum privacy with en suite bathrooms for both rooms, complemented by the rare convenience of two side-by-side secured parking spaces.
The property was recently sold within the past year on 2025-07-10. The sold price is $650,000.00.
At 956 square feet, the interior living space is relatively modest for a two-bedroom residence, which may feel restrictive for buyers seeking more expansive room dimensions.
Despite its top-floor positioning, the property is noted as having only a 'Peek-A-Boo' view, which may not satisfy buyers looking for unobstructed or panoramic scenery.
Nestled among the trees, this recently updated top-floor, 2-bedroom, 2-bath condo offers refined living in an unbeatable location of prime Encino. The east-facing residence is filled with natural light thanks to expansive windows and soaring ceilings that enhance the open-concept layout. Warm and tasteful design choices highlight the open living room, while the newly upgraded kitchen showcases premium appliances, a wine refrigerator, recessed lighting, Taj Mahal stone countertops, and more modern comforts. The well-designed floor plan places the two bedrooms on opposite sides for added privacy, and a private balcony with a newly installed sliding door provides a quiet retreat. Both bedrooms feature their own en suite spa-like bathrooms. Additional conveniences include an in-unit high-end stackable washer and dryer, elevator access, two side-by-side secured parking spaces, and dedicated storage. Residents enjoy low HOA dues with their resort-style amenities. Within this intimate 28-unit community, one can find a spa and sauna, fitness and recreation room, guest parking, and 24-hour controlled access. Ideally positioned just blocks from Ventura Boulevard, Encino Commons, Equinox, popular cafes, fine dining, and boutique shopping, this home also offers quick access to the 101 and 405 freeways for seamless commuting. A rare opportunity to live close to everything while enjoying the comfort of a quiet, well-kept community in the heart of Encino. This home deserves a visit, don't miss it!
No exterior & parking available.
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 | 956 | 1,073 | 33% |
| Lot Size | 23,078 | 60,966.5 | 12% |
| Price | $639.0K | $411.8K | 83% |
| Price per sq ft | $668 | $378 | 98% |
| Built year | 1988 | 1971 | 98% |
| HOA | $450.0 | $635 | 12% |
| Days on market | 35 | 161 | 2% |
May 12, 2026
$639,000
Initial Listing
Jul 10, 2025
$650,000
Public Record
Aug 23, 2022
$621,000
Public Record
Jul 16, 2019
$496,000
Public Record
Jan 11, 2011
$250,000
Public Record
Oct 3, 2005
$429,000
Public Record