5310 Zelzah Avenue 303, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath
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Encino, California 91316
This property presents a High-Potential Investment Opportunity with a List Price of $799,999—positioned well above the $553,435 Fair Market Value by -44%. While currently priced above market, the unit offers a Fair Condition Rating (5/10), requiring a full interior rehab. Featuring Panoramic Views, a Heated Pool, and Tennis Court, this penthouse provides a rare canvas for value-add renovation. Given the significant cosmetic needs and structural potential, this is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a prime Encino location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5310 Zelzah Avenue 303 Subject | $799,999* List Price | 2 | 2 | 1,563 | $371 | - |
A 5310 Zelzah Active | $598,000 List Price | 2 | 2 | 1,586 | $377 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1975 and currently in a mid-renovation state; interior photos show a gutted unit with missing flooring, exposed framing, and unfinished walls. It requires a full rehab to be functional and livable.
As a top-floor end unit with only one shared wall, this property offers rare privacy, tranquility, and abundant natural light, providing a secluded feel within a community setting.
The unit features exceptional rooftop and balcony views of the mountains, valley, and city lights, significantly enhancing the property's atmosphere and entertainment value.
Located within walking distance to Ventura Blvd and major retailers like Gelson's and Trader Joe's, the complex also offers resort-style amenities including a tennis court, heated pool, and sauna.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1563, other record living area = 1463. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The unit is in original condition and requires cosmetic repairs and 'TLC,' meaning buyers will need to invest additional time and capital to modernize the space.
Built in 1975, the property may lack the modern energy efficiencies and contemporary architectural standards found in newer luxury condominium developments in Encino.
Welcome to your Dream Penthouse Suite in the Heart of Encino. This unit offers Top Floor, End Unit, gives buyers the opportunity to create their Dream Home with all of their unique must haves because it is not completely upgraded, nor completely remodeled, nor completely refined to its full potential. This unique option is one that provides you with your own clean canvas to create your True Dream Home. It offers an amazing roof top panoramic view of the mountains , the valley, the city lights, and is exceptional for entertaining guests or just relaxing and enjoying the incredible view. This unit is on the top floor and is an end unit that provides the quiet serene feeling of peace and tranquility. The unit needs some cosmetic repairs, fixing, and some TLC. The unit comes with two side by side parking. The complex offers an extra large elevator, heated pool, jacuzzi, tennis court, and a beautiful pond with a flowing waterfall for all to enjoy. Unit is walking distance to Ventura Blvd and is conveniently located to the well known "Encino Plaza". This quiet, cornered, end unit is the perfect home to feel the sense of community in Encino as well as your own secluded unit, with only one shared wall being in the living room. It has natural sunlight throughout home without getting the heat. The open living room leads into a large sliding glass door balcony covered with a view of the pool and Mountain Valley View. There are two parking spots in the gated parking and even more storage behind the two spots. There is a gorgeous and regularly maintained pool area, recreational room for parties, lounging and/or poker nights, and a spa room with jacuzzi and sauna. The building is secure with special keys to enter certain doors, locked mail room, and equipped with security cameras. It's the perfect area for leisure walking and convenience for grocery shopping at Ralph's, CVS, Gelsons, Trader Joe's and even Starbucks on Ventura Blvd. It is also conveniently close to the 101 north and south freeways. This cornered unit is the quintessential location to come home to and enjoy all the tranquility it has to offer. Sellers are Highly Motivated !!!
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 | 1,563 | 1,085 | 82% |
| Lot Size | 43,643 | 60,966 | 20% |
| Price | $800.0K | $411.8K | 96% |
| Price per sq ft | $512 | $378 | 96% |
| Built year | 1975 | 1971 | 88% |
| HOA | $525.0 | $624 | 26% |
| Days on market | 40 | 173 | 4% |
May 5, 2026
$799,999
Initial Listing