
Encino, California 91316
This Turnkey Condominium is a Strong Value Opportunity, listed at $749,000—positioned well below the $800,069 Fair Market Value by 6%. This valuation gap offers $51,069 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, the unit boasts a high-end remodel, brand new HVAC, and a private patio. With 2,157 square feet and dedicated office space, this property offers a rare, sophisticated lifestyle in Encino. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready, modern sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5333 Zelzah Avenue 102 Subject | $749,000* List Price | 2 | 2 | 2,157 | $371 | - |
A 5216 Yarmouth Avenue 106 Sold | $665,000 | 2 | 2 | 1,786 | $372 | 0.2 mi |
B 5440 Lindley 201 Sold | $670,000 | 2 | 2 | 1,582 | $424 | 0.2 mi |
C 5412 Lindley Avenue 325 Sold | $610,000 | 2 | 3 | 1,558 | $392 | 0.2 mi |
D 5339 Newcastle Avenue 112 Sold | $665,000 | 3 | 2 | 1,916 | $347 | 0.2 mi |
E 5240 Zelzah Avenue 106 Sold | $840,000 | 3 | 3 | 2,233 | $376 | 0.1 mi |
F 5216 Yarmouth 107 Active Under Contract | $649,000 List Price | 2 | 2 | 1,617 | $401 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is newly remodeled with a brand new HVAC system, brand new stainless steel appliances, and updated kitchen and bathrooms. Despite the 1975 build date, the recent high-end renovation and mint condition of the systems and interior qualify it as Excellent.
At 2,157 square feet, this unit is exceptionally large for a two-bedroom condo and includes a dedicated office, offering a rare level of space and versatility for the Encino market.
The property features a comprehensive high-end remodel, including a brand new HVAC system, stainless steel appliances, and chic finishes, providing a move-in-ready, hotel-style living experience.
The unit includes two side-by-side parking spaces located conveniently next to the elevator, a significant advantage over the tandem parking often found in older condominium complexes.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2157, other record living area = 2057.
The association fee of $868 per month is relatively high, which may impact the overall affordability and debt-to-income ratio for potential buyers.
The property is noted as having no view, which may be a disadvantage for buyers seeking natural vistas or a greater sense of openness from their private patio and living areas.
Welcome to this beautifully updated, newly remodeled two bedroom, two bath with separate office, high-end condo featuring an open floor plan designed for modern living. The spacious living area flows seamlessly into a separate dining space—perfect for entertaining or relaxing in style. This is a bright, inviting atmosphere throughout. Enjoy newly installed flooring in the kitchen, hallway, and bathrooms, brand new stainless steel appliances, brand new washer & dryer, and brand new HVAC system for year-round comfort. The kitchen offers sleek finishes and contemporary appeal, while both bathrooms are tastefully remodeled. It looks like chic hotel living. Step outside to your private patio, ideal for morning coffee or evening unwinding. Situated in the heart of Encino, this place combines comfort, sophistication, and convenience—close to shopping, dining, and everything the Valley has to offer. This unit has 2 car side by side parking located next to the elevator.
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 | 2,157 | 1,073 | 94% |
| Lot Size | 130,896 | 60,966 | 67% |
| Price | $749.0K | $416.2K | 91% |
| Price per sq ft | $347 | $374 | 26% |
| Built year | 1975 | 1971 | 87% |
| HOA | $868.0 | $635 | 85% |
| Days on market | 10 | 189 | 2% |
May 27, 2026
$749,000
Initial Listing
Mar 8, 2007
$525,000
Public Record