
Encino, California 91316
This Spacious Corner Residence is a Prime Investment Opportunity, listed at $599,000—positioned below the $622,624 Fair Market Value by 3%. This valuation gap offers $23,624 in Instant Equity for savvy buyers. Boasting an expansive 1,727 sqft layout and a Condition Rating of 4, the home features a central fireplace, wet bar, and resort-style amenities including a pool and fitness center. Located in the Los Angeles Unified district near Ventura Boulevard, it balances financial upside with lifestyle convenience. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5340 Yarmouth 205 Subject | $599,000* List Price | 2 | 2 | 1,727 | $361 | - |
A 5340 Yarmouth 205 Sold | $650,000 | 2 | 2 | 1,727 | $376 | 0.0 mi |
B 5447 Zelzah Avenue 110 Sold | $450,000 | 2 | 3 | 1,285 | $350 | 0.2 mi |
C 4949 Genesta Avenue 112a Sold | $700,000 | 2 | 2 | 1,611 | $435 | 1.0 mi |
D 5343 Yarmouth Avenue 207 Sold | $433,000 | 2 | 3 | 1,608 | $269 | 0.1 mi |
E 5250 Zelzah Avenue 12a Sold | $617,500 | 3 | 2 | 1,554 | $397 | 0.1 mi |
F 5325 Newcastle Avenue 319 Sold | $485,000 | 2 | 2 | 1,166 | $416 | 0.3 mi |
G 5310 Zelzah Active | $599,000 List Price | 2 | 2 | 1,586 | $378 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this unit is well-maintained and features cosmetic updates like fresh paint and smooth ceilings. However, the kitchen and bathrooms are significantly dated, featuring cabinetry, countertops, and tile work that appear to be over 20 years old. While functional and move-in ready, the property requires modernization of its primary systems and aesthetic finishes to meet current market expectations.
At 1,727 square feet, this corner residence is exceptionally large for a two-bedroom condo, featuring a grand living room, a dedicated laundry room, and a primary suite with a dressing area and walk-in closets.
The association fee provides significant value by including high-cost items such as earthquake insurance, internet, cable, and water, alongside resort-style amenities like a pool, indoor spa, and fitness center.
Situated on a quiet, tree-lined street in the heart of Encino, the property offers a peaceful residential feel while being just a short stroll from the premium shopping and dining options on Ventura Boulevard.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =219865, other record lot size in square feet = 219797.
The property was recently sold within the past year on 2025-12-04. The sold price is $650,000.00.
The monthly HOA fee of $834 is substantial and may impact buyer affordability or debt-to-income ratios compared to other units in the area with lower overhead.
Priced to sell!!! Welcome to the highly sought-after Encino Spa Community. This light-filled corner residence immediately captivates upon entry with a welcoming foyer and a grand living room anchored by a central fireplace, serene tree-top views, and an entertainer’s wet bar. The expansive kitchen offers abundant cabinetry and workspace, seamlessly opening to a sun-drenched dining area overlooking the private patio balcony—perfect for everyday living or hosting guests. The home features two generously sized bedrooms, including an impressive primary suite with a dressing area, walk-in closets, and a spa-inspired bathroom complete with a soaking tub, separate shower, dual vanities, and a private commode room. Additional highlights include a separate laundry room with extensive storage, hallway linen storage, recessed lighting, smooth ceilings, and fresh paint throughout. Set within an immaculately maintained and beautifully landscaped community, residents enjoy resort-style amenities including walking paths, a swimmer’s pool, indoor spa, fitness center, recreation room, sauna, gated parking, and secured access. HOA dues include internet, cable, hot and cold water, and earthquake insurance. Ideally located near transportation, just a short stroll to Boulevard shops and restaurants, and situated on a quiet, tree-lined street—this move-in-ready home offers comfort, convenience, and an exceptional lifestyle you will surely not want to miss!
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 | 1,727 | 1,037 | 88% |
| Lot Size | 219,865 | 60,967 | 69% |
| Price | $599.0K | $433.0K | 78% |
| Price per sq ft | $347 | $376 | 27% |
| Built year | 1973 | 1971 | 71% |
| HOA | $834.0 | $652 | 82% |
| Days on market | 6 | 188 | 2% |
Apr 16, 2026
$599,000
Initial Listing
Dec 4, 2025
$650,000
Public Record
Jul 14, 2020
$530,000
Public Record
Jun 14, 2005
$485,000
Public Record
Aug 12, 1998
$169,000
Public Record