5350 White Oak Avenue 307, Encino, California 91316, Encino, 91316 - 2 bed, 3 bath

5350 White Oak Avenue 307, Encino, California 91316 home-pic-0
ACTIVE$699,999
5350 White Oak Avenue 307, Encino, California 91316
2Beds
3Baths
1,436Sqft
27,968Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Accessibility: Ideally situated in the heart of Encino, just north of Ventura Blvd, offering convenient access to shopping (Trader Joe's, Ralphs), dining, golf courses, and the 101 Freeway.
Top Cons:
High Monthly HOA Fees: The association fee of $840.00 per month is substantial and could be a deterrent for some buyers, impacting affordability and overall monthly housing costs.

Compared to the nearby listings

Price:$700.0K vs avg $480.0K (+$219,999)87%
Size:1,436 sqft vs avg 1,140 sqft69%
Price/sqft:$487 vs avg $40588%

More Insights

Built in 1990 (35 years old).
Condition: Built in 1990, this condo has undergone significant renovations, including a kitchen with 'modern cabinets, stainless steel appliances, and granite countertops,' and updated bathrooms with similar finishes. The property features wood/laminate flooring, recessed lighting, crown molding, and plantation shutters, all contributing to a well-maintained and move-in ready condition. While the style of the granite and cabinet choices suggests a renovation that is likely 10-15 years old rather than brand new, it falls within the 'extensively renovated within 5 to 15 years' criteria for a 'Good' rating. The property shows minimal wear and tear and does not require immediate updates or repairs.
Year Built
1990
Close
-
List price
$700K
Original List price
$725K
Price/Sqft
$487
HOA
$840
Days on market
-
Sold On
-
MLS number
225002307
Home ConditionGood
Features
Good View: Mountain(s)
Deck
ViewMountain(s)

About this home

Welcome to 5350 White Oak Avenue, Unit 307, a move-in ready, two-story condo in the heart of Encino, just north of Ventura Blvd. This 1,436 square foot home offers two bedrooms, each with ensuite bathrooms, and an additional half bath on the first floor. The home features high ceilings and south-facing views of the Santa Monica Mountains, enhancing the spacious feel of the living areas. The first floor boasts a spacious kitchen that opens to the living and dining areas, with modern cabinets, stainless steel appliances, and granite countertops and backsplash. You'll also find a gas fireplace perfect for cozy winter nights. The second floor houses two primary suites, each with private baths and walk-in closets. Notable additional features include a private entrance on the second floor, wood plantation shutters, crown molding, designer paint, and recessed lighting throughout. The unit includes two designated side-by-side parking spots in the garage, along with ample guest parking. The HOA covers amenities such as the pool and spa, building maintenance, earthquake insurance, water, sewage, and trash services. This home is ideally located near shopping -- including Trader Joe's and Ralphs -- dining, and various golf courses, with easy access to the 101 Freeway.

Condition Rating
Good

Built in 1990, this condo has undergone significant renovations, including a kitchen with 'modern cabinets, stainless steel appliances, and granite countertops,' and updated bathrooms with similar finishes. The property features wood/laminate flooring, recessed lighting, crown molding, and plantation shutters, all contributing to a well-maintained and move-in ready condition. While the style of the granite and cabinet choices suggests a renovation that is likely 10-15 years old rather than brand new, it falls within the 'extensively renovated within 5 to 15 years' criteria for a 'Good' rating. The property shows minimal wear and tear and does not require immediate updates or repairs.
Pros & Cons

Pros

Prime Location & Accessibility: Ideally situated in the heart of Encino, just north of Ventura Blvd, offering convenient access to shopping (Trader Joe's, Ralphs), dining, golf courses, and the 101 Freeway.
Move-in Ready & Updated Interiors: The unit is described as 'move-in ready' with modern updates including stainless steel appliances, granite countertops, wood plantation shutters, crown molding, designer paint, and recessed lighting.
Spacious & Functional Layout: A two-story condo featuring high ceilings, two primary suites each with ensuite bathrooms and walk-in closets, plus an additional half bath, providing ample space and privacy.
Comprehensive HOA Amenities & Services: The HOA covers desirable amenities like a pool and spa, building maintenance, earthquake insurance, water, sewage, and trash services, offering a low-maintenance lifestyle.
Ample Parking: Includes two designated side-by-side parking spots in the garage, a significant convenience, along with additional guest parking.

Cons

High Monthly HOA Fees: The association fee of $840.00 per month is substantial and could be a deterrent for some buyers, impacting affordability and overall monthly housing costs.
Building Age: Built in 1990, the building is over 30 years old. While the unit is updated, the age of the overall structure and common areas might raise concerns for some buyers regarding long-term maintenance or potential future assessments.
Price Reduction History: The property's list price has been reduced from $725,000 to $699,999, which could indicate initial overpricing or a longer time on the market, potentially signaling a lack of strong buyer interest at the higher price point.

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