5460 White Oak Avenue C101, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

5460 White Oak Avenue C101, Encino, California 91316 home-pic-0
ACTIVE$249,000
5460 White Oak Avenue C101, Encino, California 91316
2Beds
2Baths
990Sqft
406,432Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Price Reduction: Recent price reduction makes this property more attractive to budget-conscious buyers.
Top Cons:
Upgrade Needed: The property is described as having potential for 'light upgrades,' suggesting some cosmetic improvements may be desired.

Compared to the nearby listings

Price:$249.0K vs avg $462.5K ($-213,500)13%
Size:990 sqft vs avg 1,129.5 sqft35%
Price/sqft:$252 vs avg $4036%

More Insights

Built in 1971 (54 years old).
Condition: The property was built in 1971. The listing mentions 'wood-look laminate flooring, tile in wet areas, recessed lighting, and central HVAC' which suggests some updates, but the description also indicates it needs 'light upgrades'. The images show a functional but dated kitchen and bathrooms. Therefore, a 'fair' condition score is appropriate.
Year Built
1971
Close
-
List price
$249K
Original List price
$270K
Price/Sqft
$252
HOA
$934
Days on market
-
Sold On
-
MLS number
OC25099882
Home ConditionFair
Features
Pool
Spa
View-

About this home

JUST REDUCED. This two-bedroom, two-bathroom condo in the desirable Encino Oaks community is ideal for first-time buyers, investors, or anyone looking to add value. Featuring a spacious living area with balcony access, breakfast bar kitchen, wood-look laminate flooring, tile in wet areas, recessed lighting, and central HVAC, it offers great potential for light upgrades and long-term upside. With strong rental demand in the area, this unit also presents an excellent opportunity for rental income. Enjoy resort-style amenities including a pool, spa, tennis courts, fitness centers with saunas, BBQ areas, and 24-hour security in a pet-friendly, park-like setting. HOA covers water, trash, and sewage. Centrally located with easy access to Ventura Boulevard and the 101 Freeway, and just minutes from Balboa Sports Center and Tarzana Square.

Condition Rating
Fair

The property was built in 1971. The listing mentions 'wood-look laminate flooring, tile in wet areas, recessed lighting, and central HVAC' which suggests some updates, but the description also indicates it needs 'light upgrades'. The images show a functional but dated kitchen and bathrooms. Therefore, a 'fair' condition score is appropriate.
Pros & Cons

Pros

Price Reduction: Recent price reduction makes this property more attractive to budget-conscious buyers.
Investment Potential: Strong rental demand in the area presents an excellent opportunity for rental income.
Community Amenities: Resort-style amenities including a pool, spa, tennis courts, fitness centers, BBQ areas, and 24-hour security enhance lifestyle appeal.
Central Location: Conveniently located with easy access to Ventura Boulevard, the 101 Freeway, Balboa Sports Center, and Tarzana Square.
HOA Coverage: HOA covers water, trash, and sewage, simplifying monthly expenses.

Cons

Upgrade Needed: The property is described as having potential for 'light upgrades,' suggesting some cosmetic improvements may be desired.
Age of Building: Built in 1971, the property may require updates to meet modern standards and preferences.
High HOA Fees: The monthly HOA fee of $934 is relatively high and could deter some buyers.

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