5301 Balboa Boulevard F2, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath
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Encino, California 91316
This Top-Floor Investment Asset is listed at $469,000, positioned with high stability relative to its $449,104 Fair Market Value after a significant $106,000 price correction. The property maintains a Fair Condition Rating, offering a spacious 1,378-square-foot layout featuring Mountain Views, a bonus office, and a master en-suite. Located in the heart of Encino within the ABC Unified district, the complex provides resort-style amenities including two pools and a sauna. Sold with existing tenants under California Rent Control, this property is a strategic acquisition for Buy-and-Hold Investors or Portfolio Managers seeking a cash-flowing asset in a prime, high-demand submarket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5301 Balboa Boulevard F2 Subject | $469,000* List Price | 2 | 2 | 1,378 | $326 | - |
A 5301 Balboa Boulevard 5b Sold | $526,000 | 2 | 2 | 1,385 | $380 | 0.0 mi |
B 5301 Balboa Boulevard D9 Sold | $510,000 | 2 | 2 | 1,415 | $360 | - |
C 5350 White Oak Avenue 212 Active | $539,000 List Price | 2 | 2 | 1,387 | $389 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, this condo is well-maintained but shows clear signs of age. While the master bathroom has been updated and the living areas feature newer laminate flooring, the galley kitchen remains dated with older tile countertops and appliances. The property reflects a 'fair' condition as it is functional and clean but lacks a comprehensive modern renovation to meet 'good' or 'excellent' standards.
The building 5301 Balboa are Rent Control California Law Tenants protection has a right to stay at property!! Property to be sold with tenants !! Is a great investment !! Submit all your offers !!! top-floor condo in the Heart of Encino 2+2 with Bonus room/office Large en-suite master with updated bathroom. The roomy, open living space flows smoothly into a galley kitchen, with a electric double oven. An added convenience for homeowners is the full-size laundry neatly tucked away in a closet. unit in PRIME location, and 2 side-by-side parking covered car garage. Light and bright. 2 fabulous swimming pools & a hot tub, sauna, club house, storage, insurance, maintenance grounds, trash, security recreation room, on site manager, security building with controlled entry & a community room. Lush, manicured grounds throughout the 5 acre property. Balboa Biltmore is a truly an oasis within the San Fernando Valley in the heart of Encino close to so many great amenities, Conveniently close to Encino Commons, Trader Joe’s, restaurants, with easy access to the 101 Fwy, this home offers the perfect balance of city access and serene living.
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 | 1,378 | 1,037 | 71% |
| Lot Size | 227,688.125 | 60,967 | 73% |
| Price | $469.0K | $433.0K | 55% |
| Price per sq ft | $340 | $376 | 25% |
| Built year | 1965 | 1971 | 16% |
| HOA | $505.0 | $650 | 20% |
| Days on market | 166 | 188 | 33% |
Dec 11, 2025
$469,000
$575,000
-18% Price Drop
Initial Listing
Nov 7, 2025
$575,000
Initial Listing
Oct 1, 2004
$362,500
Public Record