5301 Yarmouth Avenue 2, Encino, California 91316, Encino, 91316 - 4 bed, 3 bath
ACTIVE$599,000
5301 Yarmouth Avenue 2, Encino, California 91316
4Beds
3Baths
1,968Sqft
21,807Lot
Year Built
1969
Close
-
List price
$599K
Original List price
$649K
Price/Sqft
$304
HOA
$514
Days on market
-
Sold On
-
MLS number
25558541
Home ConditionFair
Features
Pool
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $599.0K(71th), sqft - 1968(91th), beds - 4(97th), baths - 3(76th).
Great opportunity for those not afraid to tailer the home to their taste or a flipper looking for a quick project ! Home has original features that requires mostly cosmetic work. The residence is spread out on one floor across nearly 2000 livable square feet. There are 3 official bedrooms, but a large room near the kitchen added doors to use it as a 4th bedroom. The condo feels more like a home as it is very spacious. A pool sits right outside the unit and there are 2 carport parking spaces with storage in front. Pictures were from before residents moved in.
Price History
Date
Event
Price
09/09/25
Price Change
$599,000
06/27/25
Listing
$649,000
Condition Rating
Fair
Built in 1969, this property retains many 'original features' as stated in the description, indicating it has not undergone significant renovations in decades. The images confirm this with dated kitchen appliances (black range), older white cabinets, traditional light fixtures, mirrored walls, and a mix of older tile and laminate flooring. While the property appears functional and well-maintained for its age, it clearly 'requires mostly cosmetic work' and is positioned as a 'quick project' for a flipper. This aligns with the 'Fair' condition criteria, where the home is aged, major components are functional but show signs of being outdated, and it requires updates to meet current standards, rather than substantial structural or safety repairs.
Pros & Cons
Pros
Spacious Condo Living: At nearly 2000 square feet spread across one floor, this condominium offers an exceptionally spacious, house-like feel, a rare find in condo living.
Flexible Floor Plan: With 3 official bedrooms and a large room easily convertible to a 4th, the property provides versatile living arrangements for families or home office needs.
Direct Pool Access: The unit boasts direct access to the community pool, offering convenient recreational opportunities right outside the door.
Ample Parking & Storage: Includes two dedicated carport parking spaces and additional storage, providing valuable convenience and utility for residents.
Value-Add Opportunity: Presents a prime opportunity for buyers or investors to personalize and enhance value through cosmetic updates, as it retains original features.
Cons
Requires Renovation: The property features original elements and requires mostly cosmetic work, indicating an immediate need for updates to modernize and maximize its potential.
Property Age: Built in 1969, the property's age suggests that some systems or components may be original and could require future maintenance or replacement beyond cosmetic upgrades.
Monthly HOA Dues: A monthly association fee of $514 adds a significant recurring cost to the overall ownership expenses.