
Los Angeles, California 91316
This property presents a High-Potential Investment Opportunity with a List Price of $259,900—positioned well below the $255,853 Fair Market Value by -1.58%. While the property requires modernization due to its Condition Rating of 5, the unit offers a functional 1-bedroom, 2-bathroom layout and access to community amenities including a pool, deck, and patio. Given the high HOA fees, this asset is best suited for Buy-and-Hold Investors or first-time buyers capable of managing long-term carrying costs while executing value-add interior renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5460 White Oak No. D312 Subject | $259,900* List Price | 1 | 2 | 712 | $359 | - |
A 5414 Newcastle Avenue 19 Active | $249,000 List Price | 1 | 1 | 657 | $379 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1971 (53 years old), this property exceeds the 30-year threshold for original systems. The significantly low price point for the Encino area suggests the kitchen and bathrooms are likely original or in a state of disrepair requiring a full rehab rather than minor updates.
Priced at $259,900, this property represents a rare and highly affordable entry point into the Los Angeles condominium market, making it an attractive option for first-time buyers or investors.
The inclusion of two bathrooms for a one-bedroom unit is a significant functional advantage, offering a dedicated guest bathroom and enhanced privacy for the primary suite.
Located on White Oak Avenue, the property is situated in a sought-after neighborhood with convenient access to Ventura Boulevard's shopping, dining, and major commuting routes.
The $850 monthly HOA fee is disproportionately high relative to the unit's square footage and list price, which significantly impacts the buyer's monthly carrying costs and overall purchasing power.
Built in 1971, the property may require modernization to compete with newer developments and could potentially face future special assessments for long-term infrastructure maintenance.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 712 | 1,219.385 |
| Lot Size | 406,432 | 27,236.074 |
| Price | $259.9K | $800.2K |
| Price per sq ft | $365 | $650 |
| Built year | 1971 | 1979 |
| HOA | $850.0 | $685 |
| Days on market | 17 | 72 |
Aug 23, 2026
$259,900
Initial Listing
Aug 12, 2004
$220,000
Public Record