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5460 White Oak Avenue J207, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

5460 White Oak Avenue J207, Encino, California 91316 home-pic-0
ACTIVE UNDER CONTRACT$219,000
5460 White Oak Avenue J207, Encino, California 91316
2Beds
2Baths
990Sqft
406,432Lot

Price Vs. Estimate

The estimated value ($256,695) is $37,695 (17%) higher than the list price ($219,000). This property may be underpriced.

Key pros and cons

Top Pros:
Prime Encino Location: The condo is situated in a fantastic location in the heart of Encino, offering convenient access to local amenities and a desirable neighborhood.
Top Cons:
High Monthly Association Fees: The $1100 monthly association fee is substantial and could be a significant financial consideration for potential buyers.

Compared to the nearby listings

Price:$219.0K vs avg $462.5K ($-243,500)4%
Size:990 sqft vs avg 1,129.5 sqft35%
Price/sqft:$221 vs avg $4031%

More Insights

Built in 1971 (54 years old).
Condition: The property, built in 1971, is well-maintained and clean, with functional systems like central AC. The kitchen features granite countertops, but the black appliances, basic white cabinets, and visible electrical panel appear dated. Bathrooms have granite-topped dark wood vanities and specific, somewhat dated shower tile. While the description mentions 'upgraded bathrooms,' these updates likely occurred 15-30 years ago, making them functional but aesthetically outdated. The flooring (laminate and carpet) is clean but not high-end. Overall, the unit is livable but requires minor cosmetic updates to align with current styles and preferences.
Year Built
1971
Close
-
List price
$219K
Original List price
$275K
Price/Sqft
$221
HOA
$1,100
Days on market
-
Sold On
-
MLS number
25503647
Home ConditionFair
Features
Pool
Spa
ViewCourtyard

About this home

Beautiful 2-Bedroom Condo in Fantastic Location in the Heart of Encino! This unit features a modern open-concept layout for easy living. Living room w/ adjacent balcony offering great views. Dining area w/ chandelier. Kitchen w/ granite countertops & dine-in bar. Spacious bedroom w/ upgraded bathrooms. 2-car tandem vehicle parking in community garage. Central AC + heat. Situated in a perfect location in the complex surrounded by trees & landscaping, this unit avoids most traffic noise & is a short walk to the pool. Community amenities/benefits include hot/cold water, earthquake insurance, security, controlled access, tennis courts, playground, pool, recreation room, sewer, sauna, spa/hot tub, sport court, billiard room, clubhouse, card room, gym/exercise room, management, outdoor cooking area, & trash. A unique opportunity w/ potential future upside!

Condition Rating
Fair
The property, built in 1971, is well-maintained and clean, with functional systems like central AC. The kitchen features granite countertops, but the black appliances, basic white cabinets, and visible electrical panel appear dated. Bathrooms have granite-topped dark wood vanities and specific, somewhat dated shower tile. While the description mentions 'upgraded bathrooms,' these updates likely occurred 15-30 years ago, making them functional but aesthetically outdated. The flooring (laminate and carpet) is clean but not high-end. Overall, the unit is livable but requires minor cosmetic updates to align with current styles and preferences.
Pros & Cons

Pros

Prime Encino Location: The condo is situated in a fantastic location in the heart of Encino, offering convenient access to local amenities and a desirable neighborhood.
Extensive Community Amenities: Residents benefit from a wide array of community amenities including a pool, tennis courts, gym, sauna, spa, clubhouse, and security, enhancing lifestyle and value.
Modernized Interior & Features: The unit features a modern open-concept layout, a kitchen with granite countertops and a dine-in bar, upgraded bathrooms, and central AC/heat for comfortable living.
Dedicated Two-Car Parking: The inclusion of a 2-car tandem vehicle parking space in the community garage is a significant convenience and valuable asset.
Investment Potential: The property is noted as a 'unique opportunity with potential future upside,' and the current list price is below the estimated market value, suggesting a strong value proposition.

Cons

High Monthly Association Fees: The $1100 monthly association fee is substantial and could be a significant financial consideration for potential buyers.
Building Age: Built in 1971, the building is over 50 years old, which may lead to concerns about potential future maintenance, repairs, or special assessments, despite current HOA inclusions.
Compact Living Space: At 990 square feet, the unit offers a relatively compact living area for a 2-bedroom, 2-bathroom condo, which might not meet the space requirements of all prospective buyers.

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