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5301 Balboa Boulevard F2, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

5301 Balboa Boulevard F2, Encino, California 91316 home-pic-0
ACTIVE$469,000
5301 Balboa Boulevard F2, Encino, California 91316
2Beds
2Baths
1,378Sqft
227,688.125Lot
Year Built
1965
Close
-
List price
$469K
Original List price
$575K
Price/Sqft
$340
HOA
$505
Days on market
-
Sold On
-
MLS number
SR25255924
Home ConditionFair
Features
Good View: Mountain(s)
Pool
Spa
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $469.0K(49th), sqft - 1378(69th), beds - 2(50th), baths - 2(50th).

Gorgeous top-floor condo in the Heart of Encino 2+2 with Bonus room/office Large en-suite master with updated bathroom. The roomy, open living space flows smoothly into a galley kitchen, with a electric double oven. An added convenience for homeowners is the full-size laundry neatly tucked away in a closet. unit in PRIME location, and 2 side-by-side parking covered car garage. Light and bright. 2 fabulous swimming pools & a hot tub, sauna, club house, storage, insurance, maintenance grounds, trash, security recreation room, on site manager, security building with controlled entry & a community room. Lush, manicured grounds throughout the 5 acre property. Balboa Biltmore is a truly an oasis within the San Fernando Valley in the heart of Encino close to so many great amenities, Conveniently close to Encino Commons, Trader Joe’s, restaurants, with easy access to the 101 Fwy, this home offers the perfect balance of city access and serene living.

Price History

Date
Event
Price
12/11/25
Price Change
$469,000-18.4%
11/07/25
Listing
$575,000
10/01/04
Sold
$362,500
Condition Rating
Fair
The property, built in 1965, features a galley kitchen with dated white cabinets, older appliances, and black/white patterned tile flooring. The visible bathroom also exhibits outdated tile work and fixtures, suggesting renovations from 15-30 years ago rather than recent modern updates, despite the description mentioning an 'updated bathroom'. While the common areas appear modern and well-maintained, the unit's interior shows significant signs of age and would benefit from cosmetic updates to meet current standards. It is functional but clearly outdated.
Pros & Cons

Pros

Prime Encino Location: Situated in the heart of Encino, offering convenient access to Encino Commons, Trader Joe’s, diverse restaurants, and the 101 Fwy, balancing city access with serene living.
Extensive Community Amenities: The community boasts two swimming pools, a hot tub, sauna, clubhouse, recreation room, on-site manager, and secure controlled entry, all set within lush, manicured 5-acre grounds.
Functional & Bright Top-Floor Unit: A top-floor condo featuring a bonus room/office, a large en-suite master with an updated bathroom, roomy open living space, in-unit full-size laundry, and abundant natural light.
Dedicated Covered Parking: Includes two side-by-side covered parking spaces, a valuable convenience in a condominium setting.
Mountain Views: Offers desirable mountain views, enhancing the property's aesthetic appeal and living experience.

Cons

Significant Price Reduction: The property has undergone a substantial price reduction from $575,000 to $469,000, which may indicate overpricing or challenges in attracting buyers at the initial price point.
Building Age: Constructed in 1965, the building's age could imply potential for future maintenance or infrastructure updates, despite individual unit renovations.
Galley Kitchen Layout: The description notes a 'galley kitchen,' which, while functional, might be perceived as less modern or spacious compared to more open kitchen designs preferred by many buyers today.

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