
Encino, California 91316
This Spacious Condominium represents a Strong Value Opportunity, listed at $497,000—positioned well above the $444,861 Fair Market Value by 11%. While the unit features a Condition Rating of 3 with recent cosmetic updates like wide-plank flooring and recessed lighting, the pricing reflects the premium of the Encino location. The property offers a functional layout with Central HVAC and Community Pool access. This listing is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready residence in a desirable neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5320 Zelzah Avenue 214 Subject | $492,000* List Price | 2 | 2 | 1,080 | $403 | - |
A 5429 Newcastle Avenue 309 Sold | $410,000 | 2 | 2 | 1,068 | $384 | 0.2 mi |
B 5325 Newcastle Avenue 207 Sold | $403,000 | 2 | 2 | 940 | $429 | 0.2 mi |
C 5400 Newcastle Avenue 56 Sold | $405,000 | 2 | 2 | 1,111 | $365 | 0.1 mi |
D 5429 Newcastle 204 Sold | $385,000 | 2 | 2 | 1,092 | $353 | 0.2 mi |
E 5429 Newcastle Sold | $425,000 | 2 | 2 | 1,157 | $367 | 0.2 mi |
F 5429 Newcastle Sold | $400,000 | 2 | 2 | 1,013 | $395 | 0.2 mi |
G 5414 Newcastle 8 Sold | $375,000 | 2 | 2 | 901 | $416 | 0.1 mi |
H 5400 Newcastle 12 Sold | $349,000 | 2 | 2 | 903 | $386 | 0.1 mi |
I 5349 Newcastle 56 Active | $398,800 List Price | 2 | 2 | 1,111 | $359 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1966, the unit has undergone recent cosmetic renovations including new wide-plank flooring, fresh neutral paint, and recessed lighting. The kitchen cabinetry appears older but functional, and the inclusion of central HVAC and a well-maintained interior makes it move-in ready.
Situated in a highly desirable Encino neighborhood, this property offers excellent proximity to local amenities and maintains strong long-term value potential.
With 1,080 square feet of light-filled living space, the unit features generously sized bedrooms, an en-suite primary bath, and central HVAC for modern comfort.
Listed under $500,000, this 2-bedroom condo represents a significant opportunity for first-time buyers or investors to enter the competitive Encino market.
The unit relies on community laundry rather than in-unit hookups, which may be a convenience drawback for some modern buyers.
Originally constructed in 1966, the property may require future updates to match the aesthetic and efficiency of newer residential developments.
Spacious 2bedroom 2 bath condo located in a well-maintained Encino community. This light filled unit features an open living and dining area, a functional kitchen with ample cabinet space, and generously sized bedrooms with good closet storage. The primary bedroom includes an en-suite bath. Additional features include central HVAC, assigned parking, community laundry and pool. A great opportunity to own in a desirable Encino location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,080 | 1,517 |
| Lot Size | 43,613 | 156,600 |
| Price | $492.0K | $494.0K |
| Price per sq ft | $456 | $391 |
| Built year | 1966 | 1973 |
| HOA | $402.02 | $709 |
| Days on market | 21 | 80 |
Jul 18, 2026
$492,000
$497,000
-1% Price Drop
Initial Listing
Jul 1, 2026
$497,000
Initial Listing
Jul 11, 2017
$350,000
Public Record
May 21, 2001
$128,000
Public Record