
Encino, California 91316
This Turnkey Condominium represents a Prime Investment Opportunity, listed at $474,999—positioned well below the $485,667 Fair Market Value by 2%. This valuation gap offers $10,668 in Instant Equity. Featuring a Condition Rating of 3, the unit includes a modern granite kitchen, energy-efficient windows, and a new HVAC unit. With access to a pool, spa, and gym, this property offers a balanced lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready Encino residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5454 Zelzah Avenue 309 Subject | $474,999* List Price | 2 | 2 | 1,234 | $394 | - |
A 5325 Newcastle Avenue 319 Sold | $485,000 | 2 | 2 | 1,166 | $416 | 0.3 mi |
B 5400 Newcastle Avenue 56 Sold | $405,000 | 2 | 2 | 1,111 | $365 | 0.2 mi |
C 5447 Zelzah Avenue 110 Sold | $450,000 | 2 | 3 | 1,285 | $350 | 0.1 mi |
D 5429 Newcastle Avenue 309 Sold | $410,000 | 2 | 2 | 1,068 | $384 | 0.2 mi |
E 5328 Newcastle Avenue 58 Sold | $475,000 | 2 | 2 | 1,029 | $462 | 0.2 mi |
F 5429 Newcastle Sold | $425,000 | 2 | 2 | 1,157 | $367 | 0.2 mi |
G 5454 Zelzah Avenue 215 Active | $475,000 List Price | 2 | 2 | 1,234 | $385 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1970, the unit features a recently renovated kitchen (<5 years) with granite countertops and stainless steel appliances. The inclusion of a new HVAC unit and energy-efficient windows makes it move-in ready, though dated elements like popcorn ceilings and older bathroom vanities prevent an 'Excellent' rating.
As a top-floor unit, this condo offers superior privacy and features a private balcony with impressive mountain and valley views, a highly desirable trait in the Encino market.
The property is move-in ready with a chef-inspired kitchen featuring granite countertops, stainless steel appliances, and recent high-value improvements like energy-efficient windows and a new AC unit.
The gated community provides an active lifestyle with access to a pool, spa, gym, and recreation room, offering significant value for the monthly association fee.
Built in 1970, the complex may have older infrastructure or common area elements that do not meet the aesthetic or technical standards of modern luxury developments.
The unit includes tandem parking in the garage, which can be a daily inconvenience for multi-vehicle households compared to side-by-side parking options.
Welcome to 5454 Zelzah Ave, Unit 309, a stylish top-floor condo in the heart of Encino, where comfort meets convenience. Step into a sun-drenched retreat with modern upgrades and a private balcony framing stunning mountain views; the perfect setting for morning coffee or evening sunsets. The chef-inspired kitchen boasts polished granite countertops, sleek stainless steel appliances, and a versatile breakfast nook that transforms effortlessly into an inspiring home office. Recent upgrades add value and peace of mind, including energy-efficient windows and a new HOA-installed AC unit to keep you comfortable year-round. Sliding glass doors open seamlessly to your balcony retreat, and on-site laundry is just steps away. This gated community also offers fantastic amenities: relax by the pool and spa, stay active in the gym, host gatherings in the rec room, and enjoy the security of controlled access and tandem parking in the garage. This unit offers the best of Encino living; a turnkey home in a vibrant community with every comfort at your fingertips. Perfect as a personal sanctuary or a savvy investment, this condo is where style and location come together.
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 | 1,234 | 1,085 | 66% |
| Lot Size | 43,614 | 60,966 | 18% |
| Price | $475.0K | $411.8K | 58% |
| Price per sq ft | $385 | $378 | 56% |
| Built year | 1970 | 1971 | 44% |
| HOA | $420.0 | $624 | 10% |
| Days on market | 19 | 173 | 2% |
May 26, 2026
$474,999
Initial Listing
May 19, 2017
$365,000
Public Record
Dec 8, 2006
$312,000
Public Record
Sep 11, 2003
$242,000
Public Record
May 29, 1998
$82,500
Public Record