
Los Angeles, California 91316
This 1-bedroom condominium represents a Strong Value Opportunity, listed at $259,900—positioned well below the $236,906 Fair Market Value by -9%. While the property requires modernization to address its Condition Rating of 4, the unit features a rare 2-bathroom configuration and access to a pool, deck, and patio. Located in a prime Encino area, this asset offers significant potential for value-add improvements despite high association fees. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an entry-level Los Angeles footprint.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5460 White Oak No. D312 Subject 1 bd · 2 ba · 712 sqft · $333 | $259,900* List Price | 1 | 2 | 712 | $333 | - |
A 5460 White Oak Avenue G313 Sold 1 bd · 2 ba · 712 sqft · $338 · 0.0 mi | $241,000 | 1 | 2 | 712 | $338 | 0.0 mi |
B 5414 Newcastle Avenue 19 Active 1 bd · 1 ba · 657 sqft · $379 · 0.4 mi | $249,000 List Price | 1 | 1 | 657 | $379 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, the property features recent cosmetic updates including new laminate flooring and fresh paint. However, the bathroom renovation appears incomplete or low-quality with a basic plastic insert and unfinished wall edges. The original aluminum windows and dated loft railing indicate the unit requires further minor repairs and modernization.
Priced at $259,900, this property offers a rare entry-level price point for the Los Angeles market, making it highly attractive to first-time buyers or investors looking for value.
Featuring two bathrooms for a one-bedroom configuration, the layout provides a level of convenience and privacy for guests that is rarely found in units of this size.
Situated on White Oak Avenue, the property is located in a highly desirable area with convenient access to Ventura Boulevard's premier shopping, dining, and transportation hubs.
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 association fee of $850 per month is significantly high relative to the unit's 712 square footage, which may impact a buyer's debt-to-income ratio and overall affordability.
Built in 1971, the property may require modern updates to its interior and systems to compete with newer developments or renovated units in the surrounding area.
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 | 1,252.996 |
| Lot Size | 406,432 | 26,029.603 |
| Price | $259.9K | $778.5K |
| Price per sq ft | $365 | $629 |
| Built year | 1971 | 1981 |
| HOA | $850.0 | $676 |
| Days on market | 78 | 74 |
Aug 23, 2026
$259,900
Initial Listing
Aug 12, 2004
$220,000
Public Record