5454 Zelzah Avenue 215, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

5454 Zelzah Avenue 215, Encino, California 91316 home-pic-0
ACTIVE$495,000
5454 Zelzah Avenue 215, Encino, California 91316
2Beds
2Baths
1,234Sqft
43,614Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Accessibility: Centrally located in Encino, minutes from the vibrant Ventura Blvd, offering easy access to a variety of restaurants, shops (Trader Joe’s, Target, Walgreens), entertainment, and the 101 Freeway. Proximity to excellent schools is also a significant advantage.
Top Cons:
Requires Cosmetic TLC: The property description explicitly states 'Some cosmetic TLC' is needed, indicating that a buyer should anticipate additional investment for updates or minor repairs to personalize and modernize the unit.

Compared to the nearby listings

Price:$495.0K vs avg $480.0K (+$15,000)54%
Size:1,234 sqft vs avg 1,140 sqft59%
Price/sqft:$401 vs avg $40347%

More Insights

Built in 1970 (55 years old).
Condition: The property, built in 1970, is over 50 years old. While the HOA has recently updated the building's windows and exterior paint, the unit's interior, especially the kitchen and bathrooms, is significantly dated. The kitchen features original-style wood cabinets, tile countertops, and older appliances. Bathrooms also present with tile countertops, dated vanities, and frosted sliding shower doors. The unit has popcorn ceilings and older light fixtures, indicating a lack of major renovation in the last 30+ years. The listing's mention of 'Some cosmetic TLC' accurately reflects the need for substantial updates to modernize the property.
Year Built
1970
Close
-
List price
$495K
Original List price
$525K
Price/Sqft
$401
HOA
$420
Days on market
-
Sold On
-
MLS number
SR25124906
Home ConditionFair
Features
Good View: Pool
Pool
Spa
Patio
ViewPool

About this home

Motivated seller!! Don't let this opportunity pass you by and make this condo your own!! Best priced, corner unit on the second floor!! Quiet building centrally located with access to freeways and shops/restaurants within minutes. HOA recently replaced all windows and painted the exterior of the building. This unit comes with 2 covered parking spaces in the controlled access garage. Primary bedroom has wall to wall closets and second bedroom has a walk-in closet. This gated community, managed by an HOA, provides residents with a range of amenities, including a recreation center, fitness center, gated parking, community laundry room, pool, and spa. Families will appreciate the proximity to excellent schools. Located just minutes from the vibrant Ventura Blvd, you'll enjoy easy access to a variety of restaurants, shops, entertainment options, Trader Joe’s, Target, Walgreens, and the 101 Freeway. Easy to show and ready for a new owner!! Some cosmetic TLC, motivated seller. Last condo sold in this building for $535K.

Condition Rating
Fair

The property, built in 1970, is over 50 years old. While the HOA has recently updated the building's windows and exterior paint, the unit's interior, especially the kitchen and bathrooms, is significantly dated. The kitchen features original-style wood cabinets, tile countertops, and older appliances. Bathrooms also present with tile countertops, dated vanities, and frosted sliding shower doors. The unit has popcorn ceilings and older light fixtures, indicating a lack of major renovation in the last 30+ years. The listing's mention of 'Some cosmetic TLC' accurately reflects the need for substantial updates to modernize the property.
Pros & Cons

Pros

Prime Location & Accessibility: Centrally located in Encino, minutes from the vibrant Ventura Blvd, offering easy access to a variety of restaurants, shops (Trader Joe’s, Target, Walgreens), entertainment, and the 101 Freeway. Proximity to excellent schools is also a significant advantage.
Comprehensive Community Amenities: The gated community provides residents with a range of desirable amenities including a recreation center, fitness center, pool, spa, and controlled access parking, enhancing lifestyle and security.
Recent Building Upgrades: The HOA has recently replaced all windows and painted the exterior of the building, indicating proactive maintenance and reducing potential future assessment risks for these major components.
Strong Value Proposition: Positioned as the 'best priced' unit in the building, with a recent comparable sale at $535K, the current list price of $495K offers potential immediate equity or a competitive entry point into the market.
Unit Specific Features: This is a desirable corner unit on the second floor, includes two covered parking spaces in a controlled access garage, and offers ample storage with wall-to-wall closets in the primary bedroom and a walk-in closet in the second bedroom.

Cons

Requires Cosmetic TLC: The property description explicitly states 'Some cosmetic TLC' is needed, indicating that a buyer should anticipate additional investment for updates or minor repairs to personalize and modernize the unit.
Community Laundry: The presence of a 'community laundry room' implies the absence of in-unit laundry facilities, which can be a significant inconvenience and a drawback for many potential buyers seeking modern condo living.
Building Age: Built in 1970, the building is over 50 years old. While the exterior has seen recent updates, interior systems (e.g., plumbing, electrical, HVAC) may be original or dated, potentially leading to higher maintenance costs or future assessments.

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