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5301 Balboa Boulevard, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

5301 Balboa Boulevard, Encino, California 91316 home-pic-0
ACTIVE$569,000
5301 Balboa Boulevard, Encino, California 91316
2Beds
2Baths
1,385Sqft
227,748Lot
Year Built
1965
Close
-
List price
$569K
Original List price
$569K
Price/Sqft
$411
HOA
$505
Days on market
-
Sold On
-
MLS number
SR25273771
Home ConditionFair
Features
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $569.0K(63th), sqft - 1385(69th), beds - 2(50th), baths - 2(50th).

Welcome to this light-filled, ground-floor condo offering the perfect blend of comfort, convenience, and indoor/outdoor living. Featuring two bedrooms and two bathrooms, this home boasts an inviting open layout and abundant natural light throughout. The private, generously sized yard is framed by mature trees and creates a serene retreat ideal for relaxing, entertaining, or gardening. Inside, you’ll enjoy the convenience of an in-unit washer and dryer, well-appointed living spaces, and a functional kitchen ready for everyday living. Both bedrooms provide ample closet space. Located in a highly desirable area, this condo offers easy access to shops, dining, parks, and transportation. Two side-by-side parking spots. The gated community also features a beautiful pool and spa area, as well as a community room. Don’t miss the opportunity to make it yours!

Price History

Date
Event
Price
12/10/25
Listing
$569,000
02/09/00
Sold
$112,000
Condition Rating
Fair
Built in 1965, this condo is aged but appears to be maintained. The kitchen is functional but very dated with older appliances (except for a newer refrigerator), laminate countertops, and basic white cabinets. The bathroom is also significantly dated with a worn vanity, older fixtures, and dated tile. While the living areas benefit from more recent updates like laminate flooring and recessed lighting, the critical kitchen and bathroom areas show clear signs of being outdated and would require substantial renovation to meet modern standards, aligning with the 'fair' condition criteria of being aged, maintained, but with major components showing signs of being outdated.
Pros & Cons

Pros

Exceptional Private Yard: The condo boasts a generously sized, private ground-floor yard framed by mature trees, offering a serene space for relaxation, entertaining, and gardening—a rare and highly desirable feature for condo living.
Prime Encino Location: Situated in a highly desirable Encino area, providing residents with convenient access to a wide array of shops, dining options, parks, and public transportation.
Gated Community with Amenities: The property is part of a secure, gated community offering attractive amenities including a beautiful pool, spa area, and a community room, enhancing lifestyle and security.
In-Unit Laundry & Dedicated Parking: Features the highly sought-after convenience of an in-unit washer and dryer, along with two side-by-side parking spots, adding significant value and ease of living.
Ground-Floor Accessibility & Bright Interior: As a ground-floor unit, it offers easy access and is filled with abundant natural light throughout its open layout, creating an inviting and comfortable living environment.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =227748, other record lot size in square feet = 227678. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1385, other record living area = 1008. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Building Age: Constructed in 1965, the building's age may suggest potential for older infrastructure, higher maintenance costs, or future special assessments for major system upgrades.
Substantial Monthly HOA Dues: The association fee of $505.00 per month is relatively high, adding a significant recurring cost to homeownership that could impact affordability for some buyers.
Dated Kitchen (Implied): Described as a 'functional kitchen ready for everyday living,' which often indicates it is not recently updated and may require renovation to meet modern aesthetic and amenity expectations.

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