
Los Angeles, California 91316
This Encino Oaks condominium presents a High-Potential Investment Opportunity with a List Price of $264,000—positioned well below the $263,169 Fair Market Value (effectively at market parity). Featuring a functional open layout, granite-countertop kitchen, and two subterranean parking spaces, the unit offers significant utility. Despite a Condition Rating of 4 and cash-only financing requirements, the resort-style amenities, including a pool, spa, and tennis courts, provide strong rental appeal. This asset is an ideal acquisition for Buy-and-Hold Investors or Cash-Ready Buyers seeking a value-driven entry into the Los Angeles market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5460 White Oak Avenue D205 Subject | $264,000* List Price | 2 | 2 | 990 | $266 | - |
A 5460 White Oak Sold | $230,000 | 2 | 2 | 990 | $232 | 0.0 mi |
B 5460 White Oak Ave C106 Sold | $295,000 | 2 | 2 | 990 | $298 | 0.0 mi |
C 5400 Newcastle Avenue 66 Sold | $329,000 | 2 | 2 | 999 | $329 | 0.4 mi |
D 5460 White Oak Avenue G313 Sold | $241,000 | 1 | 2 | 712 | $338 | 0.0 mi |
E 5460 White Oak Avenue K204 Sold | $226,000 | 2 | 2 | 990 | $228 | - |
F 5460 White Oak Avenue F105 Active | $279,999 List Price | 2 | 2 | 990 | $283 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1971 (53 years old) and features a kitchen with granite countertops and laminate flooring from a previous renovation. While the virtually enhanced photos suggest a modern appearance, the 'As-Is' sale condition and 'Cash buyers only' requirement typically indicate dated systems or underlying maintenance issues consistent with a 15-30 year old renovation cycle.
The Encino Oaks community provides an extensive array of amenities including a lushly landscaped pool, spa, multiple tennis courts, fitness center, and sauna, offering a high-end lifestyle experience.
Listed at $264,000 for a 2-bedroom, 2-bathroom unit in the desirable Encino area, this property represents a significant value proposition compared to local market averages.
The unit features a modern open floor plan with granite countertops and includes the rare benefit of two assigned subterranean garage parking spaces.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =406432, other record lot size in square feet = 406306.
The requirement for cash buyers only due to complex financing status significantly limits the pool of potential purchasers and excludes those needing traditional mortgages.
The monthly HOA fee of $984 is notably high for this price point, which may impact the property's appeal to budget-conscious investors and increase monthly carrying costs.
Discover an incredible investment or primary residence opportunity in the vibrant, resort-style Encino Oaks community! Positioned on the second floor with convenient elevator access, this well-appointed 2-bedroom, 2-bathroom unit offers a functional open layout featuring laminate flooring, tile accents, and a granite-countertop kitchen. Enjoy your private balcony directly off the main living space, perfect for relaxing outdoors. Encino Oaks offers unparalleled community amenities, including a lushly landscaped pool and spa area, multiple tennis courts, a clubhouse/recreation room, fitness center, sauna, locker rooms, and outdoor BBQ areas. Includes two assigned subterranean garage parking spaces. Property to be sold in "As-Is" condition. Cash buyers only due to complex financing status. Don't miss this outstanding Encino value!
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 | 990 | 1,219.385 |
| Lot Size | 406,432 | 27,236.074 |
| Price | $264.0K | $800.2K |
| Price per sq ft | $267 | $650 |
| Built year | 1971 | 1979 |
| HOA | $984.0 | $685 |
| Days on market | 30 | 72 |
Aug 10, 2026
$264,000
Initial Listing
Nov 26, 2024
$265,000
Public Record
Aug 4, 2020
$310,000
Public Record
Nov 15, 2012
$140,000
Public Record
Jan 29, 2010
$202,000
Public Record
Dec 7, 2005
$305,000
Public Record
Apr 18, 2003
$176,500
Public Record
Jul 7, 1999
$80,000
Public Record