
Encino, California 91316
This Top-Floor Corner Condominium is a Prime Investment Opportunity listed at $699,000—positioned well below the $717,546 Fair Market Value by 2%. This valuation gap provides $18,546 in Instant Equity for a residence in Move-In Ready Condition. Featuring a versatile upstairs loft, private rooftop deck with mountain views, and new hardwood floors, the home offers a sophisticated lifestyle near Ventura Blvd. It is an ideal match for Owner-Occupants or professionals seeking luxury amenities and immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5236 Yarmouth Avenue 313 Subject | $699,000* List Price | 2 | 2 | 1,938 | $370 | - |
A 5250 Zelzah Avenue 12a Sold | $617,500 | 3 | 2 | 1,554 | $397 | 0.1 mi |
B 5416 Zelzah Avenue 202 Sold | $800,000 | 3 | 3 | 2,203 | $363 | 0.2 mi |
C 5340 Yarmouth 205 Sold | $650,000 | 2 | 2 | 1,727 | $376 | 0.1 mi |
D 5301 Balboa Boulevard 5b Sold | $526,000 | 2 | 2 | 1,385 | $380 | 1.0 mi |
E 5301 Balboa Boulevard D9 Sold | $510,000 | 2 | 2 | 1,415 | $360 | 1.0 mi |
F 4949 Genesta Avenue 112a Sold | $700,000 | 2 | 2 | 1,611 | $435 | 1.0 mi |
G 5216 Yarmouth Avenue 106 Active Under Contract | $685,000 List Price | 2 | 2 | 1,786 | $384 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant recent cosmetic upgrades, including newly installed hardwood floors and carpet. The kitchen features high-end stainless steel appliances, such as a Wolf range and a modern vent hood. While the cabinetry and bathroom tile work reflect an older renovation style rather than a brand-new build, the home is exceptionally well-maintained with no signs of deferred maintenance.
As a top-floor corner unit, this residence offers superior privacy, abundant natural light through walls of glass, and soaring high ceilings that create an expansive, airy atmosphere.
The property boasts rare outdoor amenities for condo living, including two private balconies and a large, exclusive rooftop deck perfect for entertaining or relaxing with mountain views.
With nearly 2,000 square feet of living space, the floor plan includes a large primary suite and a versatile upstairs loft, providing the functionality and scale of a single-family home.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =222344, other record lot size in square feet = 222183.
The monthly HOA fee of $655 represents a significant recurring expense that increases the total cost of ownership and may impact buyer affordability.
Constructed in 1974, the complex may face higher long-term maintenance requirements or potential special assessments compared to newer developments, despite the unit's internal updates.
Top-floor corner condo offering an exceptional blend of light, privacy, and sophistication. This beautiful residence features an open, airy floor plan with high ceilings, walls of glass, and a seamless indoor-outdoor flow to two private balconies. The thoughtfully designed layout includes generously sized bedrooms, highlighted by a serene primary suite with ample closet space, vanity area, and a private en-suite bath with a separate soaking tub, walk-in shower, dual sinks, and a private water closet. The living and dining areas showcase high ceilings, expansive windows, a wet bar with a refrigerator, and sliding doors that open to a balcony, perfect for entertaining. A formal dining room and eat-in kitchen enhance the home’s elegant yet functional design. Upstairs, a spacious loft awaits, ideal for a home office, media room, or lounge offering direct access to a large private rooftop deck, perfect for relaxing under the stars. Additional highlights include in-unit laundry, newly installed hardwood floors and carpet, custom plantation shutters, and access to resort-style amenities including a pool, spa, gym, recreation room, and lush courtyard walkways. Located just moments from the 101 freeway and Ventura Blvd, this home provides easy access to shopping, fine dining, award-winning schools, parks, and more. Don't miss this opportunity to experience luxury living at its finest in Encino Spa South.
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 | 1,037 | 92% |
| Lot Size | 222,344 | 60,967 | 71% |
| Price | $699.0K | $433.0K | 86% |
| Price per sq ft | $361 | $376 | 33% |
| Built year | 1974 | 1971 | 75% |
| HOA | $655.0 | $652 | 51% |
| Days on market | 18 | 188 | 2% |
Apr 4, 2026
$699,000
Initial Listing
Dec 12, 1996
$115,000
Public Record