5460 White Oak Avenue G101, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath
ACTIVE$225,000
5460 White Oak Avenue G101, Encino, California 91316
2Beds
2Baths
990Sqft
406,432Lot
Year Built
1971
Close
-
List price
$225K
Original List price
$199K
Price/Sqft
$227
HOA
$1,100
Days on market
-
Sold On
-
MLS number
GD25150367
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $225.0K(7th), sqft - 990(35th), beds - 2(50th), baths - 2(50th).
Excellent investment opportunity! This well-appointed 2-bedroom, 2-bath condo is ideally located in the vibrant heart of Encino. Offering strong potential returns, it's perfect for investors looking to expand their portfolio with a promising asset. BANK APPROVED AT NEW PRICE OF $225,OOO.
Price History
Date
Event
Price
08/05/25
$225,000
07/04/25
$199,000
Condition Rating
Fair
The property was built in 1971, making it 53 years old. While the description states 'well-appointed,' no interior images are provided to assess the condition, style, or features of the kitchen, bathrooms, flooring, or other interior components. The exterior images show an older building with dated architectural elements and some signs of wear, but it appears to be generally maintained rather than dilapidated. The absence of interior photos strongly suggests that the interior has not undergone recent, extensive renovations and likely shows its age, requiring minor updates to meet current standards. This aligns with the 'Fair' condition criteria, indicating an aged but maintained property where major components are functional but show signs of being outdated.
Pros & Cons
Pros
Prime Location: Situated in the vibrant heart of Encino, offering excellent access to amenities, dining, and transportation, enhancing desirability.
Strong Investment Opportunity: Explicitly marketed for its 'strong potential returns' and 'excellent investment opportunity,' appealing to portfolio expansion.
Bank-Approved Pricing: The 'BANK APPROVED AT NEW PRICE OF $225,OOO' can facilitate financing and signals a validated, competitive valuation.
Desirable Layout: A 2-bedroom, 2-bathroom configuration provides optimal functionality and appeal for both residents and potential renters.
Competitive Price Point: Priced at $225,000, it represents an accessible entry point into the Encino market, particularly for a 2-bed/2-bath unit.
Cons
Exorbitant Association Fee: The $1100 monthly association fee is exceptionally high, significantly impacting affordability and investment returns.
Property Age: Built in 1971, the property is over 50 years old, potentially indicating dated infrastructure, common areas, and higher long-term maintenance costs.
Lack of Views: The absence of any specific view ('view: None') may detract from the property's appeal and limit its premium value compared to units with desirable outlooks.