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5301 Balboa Boulevard K4, Encino, California 91316, Encino, 91316 - 3 bed, 2 bath

5301 Balboa Boulevard K4, Encino, California 91316 home-pic-0
ACTIVE$689,000
5301 Balboa Boulevard K4, Encino, California 91316
3Beds
2Baths
1,711Sqft
227,748Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Encino Location & Tranquil Setting: Nestled in a highly sought-after Encino neighborhood, the unit is strategically located away from the main boulevard, offering a peaceful living environment within the complex.
Top Cons:
Lack of In-Unit Laundry: The absence of a private washer/dryer, with reliance on a community laundry room, may be a notable inconvenience for potential buyers at this price point.

Compared to the nearby listings

Price:$689.0K vs avg $480.0K (+$209,000)87%
Size:1,711 sqft vs avg 1,140 sqft81%
Price/sqft:$403 vs avg $40350%

More Insights

Built in 1965 (60 years old).
Condition: Built in 1965, this condo has undergone updates, including recessed lighting, plantation shutters, and a 'beautifully updated' kitchen with granite countertops and custom cabinetry, along with an 'en-suite bathroom with dual sinks and a large shower.' However, a closer look at the images reveals that while updated, the kitchen appliances (particularly the white range) and the style of the bathroom tiles suggest these renovations are not recent (likely 15-20+ years old). The property is well-maintained and move-in ready, but the updates show signs of being outdated, aligning with the 'Fair' condition criteria for a property built over 20 years ago with renovations between 15 to 30 years ago.
Year Built
1965
Close
-
List price
$689K
Original List price
$725K
Price/Sqft
$403
HOA
$625
Days on market
-
Sold On
-
MLS number
25550211
Home ConditionFair
Features
Good View: Courtyard, Park/Greenbelt
Pool
Spa
Patio
ViewCourtyard, Park/Greenbelt

About this home

Welcome to Balboa Biltmore! Nestled in a highly sought-after Encino neighborhood, this flawless 3-bedroom, 2-bathroom condo offers 1,711 square feet of comfortable and stylish living space. Thoughtfully designed with recessed lighting throughout and elegant plantation shutters, this home exudes warmth and sophistication. Step inside to a bright and spacious floor plan that includes a generous living room perfect for entertaining and access to a private, covered patio ideal for relaxing or enjoying romantic dinners under the stars. The beautifully updated galley kitchen features granite countertops, custom cabinetry, built-in appliances, and a charming breakfast nook. Each bedroom is spacious and inviting, while the large primary suite boasts two oversized closets and a luxurious en-suite bathroom complete with dual sinks, a large shower, and a dedicated dressing area. Situated away from the hustle and bustle of Balboa Boulevard, this unit enjoys a tranquil location near the second pool and close to the community laundry room. Additional features include two side-by-side parking spaces for added convenience. The Balboa Biltmore complex offers resort-style amenities, including two sparkling pools, a relaxing spa, an on-site manager, and a secure entry. Don't miss your chance to own this exceptional condo in one of Encino's most desirable communities!

Condition Rating
Fair
Built in 1965, this condo has undergone updates, including recessed lighting, plantation shutters, and a 'beautifully updated' kitchen with granite countertops and custom cabinetry, along with an 'en-suite bathroom with dual sinks and a large shower.' However, a closer look at the images reveals that while updated, the kitchen appliances (particularly the white range) and the style of the bathroom tiles suggest these renovations are not recent (likely 15-20+ years old). The property is well-maintained and move-in ready, but the updates show signs of being outdated, aligning with the 'Fair' condition criteria for a property built over 20 years ago with renovations between 15 to 30 years ago.
Pros & Cons

Pros

Prime Encino Location & Tranquil Setting: Nestled in a highly sought-after Encino neighborhood, the unit is strategically located away from the main boulevard, offering a peaceful living environment within the complex.
Spacious & Tastefully Updated Interior: Boasting 1,711 sqft, the condo features a bright, open floor plan with modern updates including recessed lighting, elegant plantation shutters, and a beautifully renovated kitchen and primary suite.
Resort-Style Community Amenities: Residents benefit from comprehensive amenities such as two sparkling pools, a relaxing spa, secure entry, and an on-site manager, enhancing the lifestyle appeal.
Private Outdoor Living Space: The unit includes a private, covered patio, providing an exclusive area for relaxation and entertaining, a desirable feature for condo living.
Convenient Dedicated Parking: The inclusion of two side-by-side parking spaces offers significant convenience and value, a highly sought-after amenity in condominium properties.

Cons

Lack of In-Unit Laundry: The absence of a private washer/dryer, with reliance on a community laundry room, may be a notable inconvenience for potential buyers at this price point.
High Monthly Association Fees: The $625 monthly association fee is substantial and adds significantly to the overall cost of homeownership, which could impact affordability.
Building Age & Potential Infrastructure Concerns: Built in 1965, while the unit is updated, the building's age could imply older common area infrastructure or systems not explicitly mentioned as modernized, potentially leading to future maintenance or assessment considerations.

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