5301 Balboa Boulevard 5b, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath
5301 Balboa Boulevard 5b
Encino, California 91316
Property Price
SUMMARY
Analysis of 5301 Balboa Boulevard 5b, Encino, California 91316 is currently available with a list price of $569,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Encino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and shows pride of ownership with several key updates. It features modern laminate wood flooring throughout, recessed lighting, and a clean, functional kitchen with updated white shaker-style cabinetry. While the building was constructed in 1965 and some kitchen appliances and ceiling fans are older, the overall interior is well-maintained with no visible deferred maintenance. The private yard with artificial turf and the well-kept community amenities further support a 'good' condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- Private Outdoor Living
This ground-floor unit features a rare, generously sized private yard with mature trees, offering a unique indoor-outdoor lifestyle seldom found in condominium living.
- Parking Convenience
The property includes two side-by-side parking spaces, providing superior accessibility and ease of use compared to the tandem parking often found in the area.
- In-Unit Laundry
The convenience of a dedicated in-unit washer and dryer adds significant functional value and modern appeal to the residence.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =227748, other record lot size in square feet = 227678. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1385, other record living area = 1008. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- Building Age
Built in 1965, the property may feature older infrastructure or systems that could require more frequent maintenance or modernization compared to newer builds.
- Monthly Carrying Costs
The $505 monthly association fee is a significant recurring expense that buyers must account for in their total monthly housing budget.
About 5301 Balboa Boulevard 5b
Welcome to this light-filled, ground-floor condo offering the perfect blend of comfort, convenience, and indoor/outdoor living. Featuring two bedrooms and two bathrooms, this home boasts an inviting open layout and abundant natural light throughout. The private, generously sized yard is framed by mature trees and creates a serene retreat ideal for relaxing, entertaining, or gardening. Inside, you’ll enjoy the convenience of an in-unit washer and dryer, well-appointed living spaces, and a functional kitchen ready for everyday living. Both bedrooms provide ample closet space. Located in a highly desirable area, this condo offers easy access to shops, dining, parks, and transportation. Two side-by-side parking spots. The gated community also features a beautiful pool and spa area, as well as a community room. Don’t miss the opportunity to make it yours!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1965
- Lot Size
- 227,748 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $505.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,385 | 1,029 | 73% |
| Lot Size | 227,748 | 60,967 | 75% |
| Price | $569.0K | $430.0K | 73% |
| Price per sq ft | $411 | $400 | 54% |
| Built year | 1965 | 1971 | 8% |
| HOA | $505.0 | $650 | 22% |
| Days on market | 86 | 199 | 7% |
Pricing History
Listed for Sale
Dec 10, 2025
$569,000
Initial Listing
Sold
Feb 9, 2000
$112,000
Public Record