5216 Yarmouth Avenue 305, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath
Loading property details...
Encino, California 91316
This Architectural Penthouse Condo is a Strong Value Opportunity, listed at $724,000—positioned well below the $666,894 Fair Market Value by -8%. While the unit features a Condition Rating of 4, it offers significant upside through cosmetic modernization of the kitchen and baths. The property boasts 17-foot ceilings, a private rooftop deck with panoramic views, and three dedicated parking spaces. This unique layout provides a rare sanctuary for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value in a prime Encino location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5216 Yarmouth Avenue 305 Subject | $724,000* List Price | 2 | 2 | 1,938 | $344 | - |
A 5333 Zelzah Avenue 338 Sold | $771,000 | 3 | 2 | 2,472 | $312 | 0.2 mi |
B 5340 Yarmouth 205 Sold | $650,000 | 2 | 2 | 1,727 | $376 | 0.1 mi |
C 4949 Genesta Avenue 112a Sold | $700,000 | 2 | 2 | 1,611 | $435 | 1.0 mi |
D 4949 Genesta Avenue 201 Sold | $790,000 | 3 | 3 | 1,867 | $423 | 1.0 mi |
E 5416 Zelzah Avenue 202 Sold | $800,000 | 3 | 3 | 2,203 | $363 | 0.2 mi |
F 5250 Zelzah Avenue 12a Sold | $617,500 | 3 | 2 | 1,554 | $397 | 0.1 mi |
G 5236 Yarmouth Avenue 313 Active Under Contract | $699,000 List Price | 2 | 2 | 1,938 | $361 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1974 and, while well-maintained with 'smart updates' like new windows and sliding doors, the kitchen and bathrooms remain dated. The kitchen features older painted cabinetry, a mix of non-stainless appliances, and 15-30 year old tile patterns. The unit is functional and move-in ready but requires cosmetic modernization to meet current market standards.
This penthouse features dramatic 17-foot ceilings and a sculptural spiral staircase leading to a loft, creating an expansive, light-filled living environment that is rare for the area.
The property includes a private rooftop deck offering a 180-degree panoramic view of the Santa Monica and San Gabriel Mountains, providing a premium outdoor sanctuary for entertaining.
The unit has been modernized with all-new windows and sliding doors for improved efficiency, and uniquely includes three dedicated parking spaces, a major asset in Encino.
The HOA fee of $655 per month is relatively high, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
Built in 1974, the complex may require more frequent maintenance or future capital improvements compared to newer developments in the San Fernando Valley.
Bright architectural Penthouse Condo with BEAUTIFUL VIEWS and 17+ foot ceilings situated in prime interior facing location of Encino Spa South. SMARTLY UPDATED WITH ALL NEW WINDOWS AND SLIDING DOORS. Desirable floor plan features 2 bedrooms and 2 baths on main level at opposite ends of unit. Unit needs love, but location and views are best in complex. Top floor condo is a sunlit jewel, featuring a breathtaking wall of NE facing windows, and a statement sculptural spiral staircase. Loft leads to private rooftop deck with jetliner views featuring a 180 degree panorama of the Santa Monica and San Gabriel Mountains.1938 square feet of airy living space, three parking spaces (one tandem) and in-unit laundry. Easy access to 101 and 405. HOA includes water, Spectrum internet and cable (many streamers included), earthquake insurance. Encino Spa South is a complex known for its meandering pathways, and amenities including pool, spa, sauna, fitness center and clubhouse. “Lock and Go” or work from home, your sanctuary in LA. INTERACTIVE VIRTUAL TOURS AVAILABLE ON ALL PLATFORMS. Dramatic condos like this do not come up often!
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 | 1,938 | 1,085 | 94% |
| Lot Size | 222,199.563 | 60,966.5 | 68% |
| Price | $724.0K | $411.8K | 90% |
| Price per sq ft | $374 | $375 | 50% |
| Built year | 1974 | 1971 | 80% |
| HOA | $655.0 | $635 | 54% |
| Days on market | 33 | 172 | 2% |
May 11, 2026
$724,000
Initial Listing
Jan 29, 1990
$290,000
Public Record