5224 Zelzah Avenue 209, Los Angeles, California 91316, Los Angeles, 91316 - 2 bed, 3 bath
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5224 Zelzah Avenue 209
Los Angeles, California 91316
ACTIVE
CONDITION: FAIR
2Beds
3Baths
1,574Sq Ft
21,683Lot Size
Property Price
LIST PRICE$650,000
EST. MARKET VALUE
$628,866
3% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $650,000, positioned slightly above the $627,145 Fair Market Value. While the property requires cosmetic modernization, its Condition Rating of 4 reflects a well-maintained, original 1990s interior ready for value-add updates. Featuring a 1,574 sqft floor plan, dual fireplaces, and resort-style amenities, this corner unit offers significant lifestyle appeal in a walkable Encino location. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovations.
Estimated Market Value
$628,866
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5224 Zelzah Avenue 209 Subject | $650,000* List Price | 2 | 3 | 1,574 | $400 | - |
A 5310 Zelzah Avenue 204 Sold | $600,000 | 2 | 2 | 1,517 | $396 | 0.1 mi |
B 5330 Lindley Avenue 305 Sold | $580,000 | 2 | 2 | 1,669 | $348 | 0.3 mi |
C 5350 White Oak Avenue 212 Active Under Contract | $499,000 List Price | 2 | 2 | 1,387 | $360 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1990 (34 years old), the property is well-maintained but remains largely in original condition. The kitchen and bathrooms feature dated 1990s elements including white tile countertops, oak-style cabinetry, and gold-tone fixtures. While functional and move-in ready, it requires cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Living Space
At nearly 1,600 square feet, this corner unit offers a generous floor plan featuring a grand double-door entry, dedicated dining room, and large bedrooms that provide a house-like feel.
- Prime Walkable Location
Ideally positioned in the heart of Encino, the property is within walking distance to Ventura Boulevard’s premier restaurants, cafes, and shopping, offering high lifestyle convenience.
- Premium Unit Features
The condo includes rare luxury touches such as dual fireplaces in the living room and master suite, a private balcony, and the convenience of in-unit laundry and two gated parking spots.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =21683, other record lot size in square feet = 21584.
- High Monthly HOA Dues
The association fee of $662 per month is relatively high, which may increase the total monthly carrying costs and impact affordability for some buyers.
- Potential for Modernization
Built in 1990 and described as 'well-maintained' rather than 'renovated,' the unit may require cosmetic updates to the kitchen and bathrooms to align with modern luxury standards.
About 5224 Zelzah Avenue 209
Spacious 2 bedroom 2.5 bathroom corner condo located in the highly sought-after San Tropez West Villas, a boutique building in the heart of Encino. Offering nearly 1,600 square feet of thoughtfully designed living space, this beautifully maintained unit features generous proportions with maximum comfort. A grand double-door entry opens to an expansive foyer, leading into a large living room (with fireplace) and dedicated dining room with elegant tray ceilings. The well-appointed, windowed kitchen connects to the main living spaces, while a private balcony creates indoor/outdoor flow. The flexible floor plan includes two spacious bedrooms; a master (with fireplace) and en suite bathroom, and second bedroom/office with floor to ceiling windows. Ample closet space throughout and an additional powder room. Washer/dryer in unit. Building amenities include a resort-style pool and spa and fitness center + 2 gated parking spots. Ideally positioned within walking distance to Ventura Boulevard restaurants, cafes, and everyday conveniences. This home is not to be missed.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- 21,683 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $662.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,574 | 1,219.385 |
| Lot Size | 21,683 | 27,236.074 |
| Price | $650.0K | $800.2K |
| Price per sq ft | $413 | $650 |
| Built year | 1990 | 1979 |
| HOA | $662.0 | $685 |
| Days on market | 47 | 72 |
Pricing History
Listed for Sale
Jul 24, 2026
$650,000
Initial Listing
Sold
Dec 3, 1998
$200,000
Public Record
Sold
Oct 5, 1993
$165,000
Public Record