
Encino, California 91316
This Value-Add Condominium Asset is listed at $220,000, positioned accurately at its $215,705 Fair Market Value. Boasting a sought-after pool view and resort-style amenities including a community pool and spa, the property currently holds a Fair Condition Rating and requires modernization to align with current market standards. Located in a Prime Encino Location within the Los Angeles Unified district, this unit offers a stable entry point into a high-demand rental market near Ventura Boulevard. This is an ideal opportunity for Buy-and-Hold Investors or first-time buyers seeking a renovation project in a prestigious zip code.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5460 White Oak Subject | $220,000* List Price | 1 | 1 | 683 | $304 | - |
A 5460 White Oak G213 Sold | $180,000 | 1 | 1 | 683 | $264 | 0.0 mi |
B 5460 White Oak C338 Sold | $265,000 | 1 | 2 | 712 | $372 | 0.0 mi |
C 5460 White Oak Avenue G313 Sold | $241,000 | 1 | 2 | 712 | $338 | 0.0 mi |
D 5460 White Oak Avenue C330 Sold | $215,000 | 1 | 2 | 712 | $302 | 0.0 mi |
E 5414 Newcastle Avenue 33 Sold | $250,000 | 1 | 1 | 733 | $341 | 0.4 mi |
F 5460 White Oak Avenue A122 Sold | $205,000 | 1 | 1 | 683 | $300 | 0.0 mi |
G 5460 White Oak Avenue A204 Active | $220,000 List Price | 1 | 1 | 683 | $322 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this 50+ year old property shows significant dating and wear. While the interior features some basic updates to cabinetry and vanities, the weathered balcony decking and older systems suggest a need for modernization and minor repairs to meet current market standards.
Listed at $220,000, the property is priced significantly below its 2021 sale price of $325,000, offering a rare opportunity for immediate equity or a high-yield investment in a prime area.
Situated in the highly sought-after Encino neighborhood, the property offers residents prestigious zip code status with convenient access to Ventura Boulevard’s upscale dining, shopping, and major commuter routes.
The unit features a direct view of the community pool, providing a tranquil, resort-like atmosphere and better natural light compared to units facing the street or parking structures.
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. Living area discrepancy between mls listing and other public or private record. mls listing living area = 683, other record living area = 990. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
The monthly HOA fee of $688.32 is relatively high for a one-bedroom unit of this size, which may impact the overall affordability and debt-to-income ratio for potential buyers.
Built in 1971, the building may require upcoming capital improvements or modernization, potentially leading to special assessments or increased maintenance costs for the owner.
Best location in a gated resort-style community in the heart of Encino. Second Floor, Close to Elevator, This recently painted condo block away from Ventura Blvd, quick access to both the 101 and 405 freeways. Community amenities in Encino Oak include a sparkling pool and spa, 4 tennis courts, fitness center, sauna, recreation and game rooms, Pool tables, Table tennis, BBQ Area, community laundry facilities, and secured underground parking a balcony view to pool, and open area and comes equipped with a stove/oven, refrigerator, and dishwasher. Quartz counter top , updated kitchen and bathroom. newly appliances . prime location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 30% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 683 | 1,073 | 10% |
| Lot Size | 406,432 | 60,966.5 | 84% |
| Price | $220.0K | $407.5K | 8% |
| Price per sq ft | $322 | $374 | 18% |
| Built year | 1971 | 1971 | 50% |
| HOA | $688.32 | $635 | 58% |
| Days on market | 43 | 173 | 4% |
May 2, 2026
$220,000
Initial Listing
May 3, 2021
$325,000
Public Record
Oct 2, 2017
$295,000
Public Record
Aug 13, 2013
$250,000
Public Record
Feb 14, 1995
$74,500
Public Record