5301 Balboa Boulevard M4, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath
ACTIVE$599,999
5301 Balboa Boulevard M4, Encino, California 91316
2Beds
2Baths
1,415Sqft
227,748Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Desirable Location & Accessibility: Situated in the sought-after Balboa Biltmore community with a prime location just south of the 101 Freeway, offering excellent connectivity.
Top Cons:
Building Age & Potential for Dated Systems: Built in 1965, the property may have original systems (plumbing, electrical, HVAC) that could require future maintenance or upgrades, and aesthetics might not appeal to all modern buyers without renovation.
Compared to the nearby listings
Price:$600.0K vs avg $765.0K ($-165,001)14%
Size:1,415 sqft vs avg 1,794 sqft14%
Price/sqft:$424 vs avg $41157%
More Insights
Built in 1965 (60 years old).
Condition: Built in 1965, this condo has undergone significant interior renovations, particularly in the kitchen and primary bathroom, which feature modern shaker-style cabinets, quartz countertops, updated appliances, and contemporary fixtures. New light-colored flooring and recessed lighting are present throughout the main living areas. While these key areas are extensively updated and present a move-in ready condition, the windows appear to be original or very old, and the guest bathroom's shower tile and arch design are dated, suggesting an older renovation or lack of update in that specific area. The property is well-maintained and functional, aligning with the 'Good' score criteria for a property extensively renovated within the last 5-15 years, despite some components not being fully modernized.
Year Built
1965
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$424
HOA
$625
Days on market
-
Sold On
-
MLS number
SR25056976
Home ConditionGood
Features
ViewNeighborhood
About this home
Located in the desirable Balboa Biltmore community, this spacious top-floor condo offers a prime location just south of the 101 Freeway. The formal entry leads into an open and well-lit living and dining area, ideal for relaxation or entertaining. The kitchen provides ample storage and includes a dedicated breakfast area. The primary suite features generous closet space and a dual-sink vanity, while an additional bright bedroom is conveniently located near a full guest bathroom. Positioned in a quiet section of the complex, this unit is set away from street noise, offering a peaceful living environment. The community features lush landscaping, two resort-style swimming pools, a recreation center, and more.
Condition Rating
Good
Built in 1965, this condo has undergone significant interior renovations, particularly in the kitchen and primary bathroom, which feature modern shaker-style cabinets, quartz countertops, updated appliances, and contemporary fixtures. New light-colored flooring and recessed lighting are present throughout the main living areas. While these key areas are extensively updated and present a move-in ready condition, the windows appear to be original or very old, and the guest bathroom's shower tile and arch design are dated, suggesting an older renovation or lack of update in that specific area. The property is well-maintained and functional, aligning with the 'Good' score criteria for a property extensively renovated within the last 5-15 years, despite some components not being fully modernized.
Pros & Cons
Pros
Desirable Location & Accessibility: Situated in the sought-after Balboa Biltmore community with a prime location just south of the 101 Freeway, offering excellent connectivity.
Extensive Community Amenities: Residents benefit from lush landscaping, two resort-style swimming pools, and a recreation center, enhancing lifestyle and property value.
Spacious Top-Floor Unit: As a top-floor condo, it offers enhanced privacy, potentially better natural light, and a quieter living environment away from street noise.
Functional & Bright Interior Layout: Features an open, well-lit living and dining area, a kitchen with ample storage and a breakfast nook, and a primary suite with generous closet space and a dual-sink vanity.
Peaceful Internal Location: The unit is strategically positioned in a quiet section of the complex, minimizing street noise and ensuring a tranquil home atmosphere.
Cons
Building Age & Potential for Dated Systems: Built in 1965, the property may have original systems (plumbing, electrical, HVAC) that could require future maintenance or upgrades, and aesthetics might not appeal to all modern buyers without renovation.
High Monthly Association Fees: The association fee of $625.00 per month is substantial and adds a significant ongoing cost to homeownership.
Lack of Explicit Modern Updates: While functional, the description does not specify recent, comprehensive renovations to key areas like the kitchen or bathrooms, suggesting they might be original or cosmetically updated, potentially requiring buyer investment for a contemporary feel.