5460 White Oak Avenue D309, Encino, California 91316, Encino, 91316 - 1 bed, 2 bath
ACTIVE UNDER CONTRACT$273,000
5460 White Oak Avenue D309, Encino, California 91316
1Bed
2Baths
712Sqft
406,432Lot
Year Built
1971
Close
-
List price
$273K
Original List price
$273K
Price/Sqft
$383
HOA
$710.98
Days on market
-
Sold On
-
MLS number
25609121
Home ConditionExcellent
Features
Pool
Spa
ViewCourtyard
About this home
We found 3 Cons,5 Pros. Rank: price - $273.0K(21th), sqft - 712(13th), beds - 1(21th), baths - 2(50th).
3,875 % FHA ASSUMABLDE LOAN OF ABOUT $215,000... MAJOR SAVING FOR THE BUYERS.... Beautifully updated top floor unit with open loft bedroom suite. Turnkey, totally remodeled in a resort like complex with 3 tennis courts, pool, 24-hour security. In prime Encino area, with easy access to Ventura Blvd and the 101 freeway, 2 parking spaces. Assumable FHA loan @3.875% interest rate of about $215,000 (26 years remaining) to extremely well qualified buyer. A GREAT PLACE TO CALL HOME.
Price History
Date
Event
Price
10/21/25
Listing
$273,000
Condition Rating
Excellent
Despite the building's 1971 construction, the unit has been 'totally remodeled' and is described as 'turnkey.' The images confirm a recent, extensive renovation with modern grey laminate flooring throughout, updated kitchen cabinetry (visible), and a clean, contemporary bathroom featuring new fixtures and a functional shower surround. All visible components appear new or virtually new, reflecting current design standards and requiring no immediate updates or repairs.
Pros & Cons
Pros
Assumable FHA Loan: The property offers an assumable FHA loan at a highly favorable 3.875% interest rate for approximately $215,000, providing significant financial savings for qualified buyers in the current market.
Turnkey & Fully Remodeled: Described as 'beautifully updated' and 'totally remodeled,' the unit is in turnkey condition, minimizing immediate renovation costs and offering a modern living space.
Resort-like Complex Amenities: The complex features extensive amenities including three tennis courts, a swimming pool, and 24-hour security, enhancing the lifestyle and appeal for residents.
Prime Location & Accessibility: Located in a 'prime Encino area' with easy access to Ventura Blvd and the 101 freeway, offering excellent connectivity and convenience to local attractions and services.
Dedicated Parking & Top Floor Unit: The unit includes two dedicated parking spaces, a valuable asset, and is a top-floor unit, often providing enhanced privacy and reduced noise.
Cons
High Association Fee: The monthly association fee of $710.98 is substantial, significantly increasing the overall cost of homeownership and potentially impacting buyer affordability.
Building Age: Built in 1971, the building is over 50 years old. While the unit is remodeled, the age of the overall structure and common area systems may lead to higher maintenance costs or future special assessments.
Open Loft Bedroom Design: The 'open loft bedroom suite' design, while unique, inherently lacks the privacy of a traditional enclosed bedroom, which may not appeal to all potential buyers.