5301 Balboa, Encino, California 91316, Encino, 91316 - 3 bed, 2 bath

5301 Balboa
Encino, California 91316
Property Price
SUMMARY
Analysis of 5301 Balboa, Encino, California 91316 is currently available with a list price of $645,000. 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 well-maintained with several modern updates including rich wood flooring, recessed lighting, and granite countertops in both the kitchen and bathrooms. While the building was constructed in 1965, the interior finishes and stainless steel appliances indicate significant renovations within the last 5 to 15 years, meeting the criteria for a well-maintained, functional home without immediate need for repair.
PROSSTRENGTHS & OPPORTUNITIES
- Generous Living Space
With 1,711 square feet of living area, this 3-bedroom unit is exceptionally spacious for a condominium, offering an expansive open floor plan that provides a house-like feel.
- Prime Encino Location
Situated in the heart of Encino near Ventura Boulevard, the property offers unbeatable proximity to high-end shopping, diverse dining options, and easy freeway access.
- Modern Interior Upgrades
The unit features desirable contemporary finishes including rich wood flooring, recessed lighting, and granite countertops, making it a move-in-ready option for buyers.
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 = 1711, other record living area = 1378. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- High Association Fees
The monthly HOA fee of $686 is relatively high, which may impact the overall affordability and debt-to-income ratio for potential financing.
- Building Vintage
Built in 1965, the property may lack the modern energy-efficient systems and contemporary amenities found in newer developments, potentially leading to higher utility or maintenance costs.
About 5301 Balboa
Welcome to this spacious and light-filled 3-bedroom condo in the heart of Encino. This beautifully maintained unit offers an expansive open living and dining area with rich wood flooring, recessed lighting, and large windows that flood the space with natural light. Sliding doors lead to a private balcony perfect for morning coffee or relaxing evenings. The kitchen features ample cabinetry, granite countertops, generous prep space, and a functional layout ideal for everyday living and entertaining. All three bedrooms are well-sized, offering comfort and flexibility for guests, family, or a home office. The primary suite includes abundant closet space and a large vanity area with dual sinks, creating a true retreat feel. This well-kept community offers lush landscaping, a sparkling pool, and a peaceful courtyard setting. Conveniently located near Ventura Blvd, shopping, dining, parks, and easy freeway access, this Encino gem combines space, comfort, and location. A rare opportunity to enjoy bright, comfortable living in one of the Valley’s most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1965
- Lot Size
- 227,748 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $686.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 92% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,711 | 1,029 | 86% |
| Lot Size | 227,748 | 60,967 | 75% |
| Price | $645.0K | $430.0K | 83% |
| Price per sq ft | $377 | $397 | 47% |
| Built year | 1965 | 1971 | 8% |
| HOA | $686.0 | $650 | 58% |
| Days on market | 4 | 199 | 2% |
Pricing History
Listed for Sale
Mar 2, 2026
$645,000
Initial Listing


































