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Sold for $1,060,000
  • $1,060,000

    5015 Balboa Blvd Unit 408, Encino, CA 91316

    2beds
    1,540sqft
    Residential, Condominium
    Built in 2016
    -- sqft lot
    $1,064,400 Zestimate®
    $688/sqft
    $4,357 Estimated rent

    Home value

    $1,064,400

    $969,000 - $1.17M

    $4,357/mo

    Zestimate® history
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    What's special

    Northwest-facing penthouseGourmet kitchenBbq areaBreakfast barWraparound windowsDual primary suitesPicturesque views
    Welcome to the stunning Balboa Villas one of Encino's most iconic and newest luxury residences. This rare northwest-facing Penthouse is a top-floor, corner unit that combines elegance, natural light, and breathtaking views, ready for its next lucky owner. Designed with Architectural Digest appeal, the home features wraparound windows that frame treetop and mountain vistas, filling the space with cascading light throughout the day. A long, art gallery-style entryway leads into a spacious open-concept floor plan with dual primary suites thoughtfully positioned at opposite ends of the unit for maximum privacy. Both bathrooms have sleek quartz countertops, and both primary suites include a large walk-in closet. The true gourmet kitchen is a standout, featuring quartz counters, a mosaic backsplash, GE Monogram stainless steel appliances, designer self-closing drawers and cabinets, updated pulls, newer light fixtures, and a deep Sonetto inset farmhouse sink. A breakfast bar and a dedicated dining area with picturesque views create the perfect setup for relaxed everyday living or elegant entertaining. Recent upgrades add even more value, including a brand new HVAC system, Yale automatic entry door, newer carpet in the bedrooms, fresh interior paint throughout, a security system, remote control auto shades, and pre-wiring for fiber optics. The in-unit laundry area provides ample storage and convenience. This residence comes with two non-tandem parking spaces in a gated subterranean garage, conveniently located directly next to the elevator. Additional garage storage and subterranean guest parking is available. Residents of Balboa Villas enjoy premium amenities such as an on-site weekday concierge, elegant lobby, fully equipped fitness center, recreation room, library, and a beautifully designed outdoor space with a BBQ area and adjacent fireplace lounge. HOA includes earthquake insurance. Ideally located near top-rated restaurants, shopping, Genesta Park, and major commuter routes, this exceptional home offers the ultimate in upscale Encino living. Come live the penthouse life welcome home to PH #408.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew Manning DRE # 00941825 818-522-3972,

    Berkshire Hathaway HomeServices California Properties 818-528-3200

    Bought with:

    Andrew Dinsky, DRE # 01724985

    Equity Union

    Source: CLAW,MLS#: 25574321MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Walk-In Closet, Dining Area, Living Room, Breakfast Bar
    Bedroom
    • Features: Walk-In Closet(s)
    Bathroom
    • Features: Shower and Tub
    Kitchen
    • Features: Kitchen Island
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Microwave, Range, Oven, Dishwasher, Range/Oven, Refrigerator
    • Laundry: Inside, Laundry Closet Stacked
    Features
    • Breakfast Counter / Bar, Dining Area
    • Flooring: Carpet, Other, Mixed
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,540
    • Total interior livable area: 1,540 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Guest, Subterranean
    • Covered spaces: 2
    Features
    • Levels: One
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Mountain(s), Valley, City Lights
    • Waterfront features: None
    Lot
    • Size: 0.78 Acres
    Details
    • Parcel number: 2258016045
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Residential, Condominium
    • Attached to another structure: Yes
    Condition
    • Year built: 2016

    Utilities & green energy

    • Water: District

    Community & HOA

    Community
    • Security: Automatic Gate, Card/Code Access
    • Subdivision: The Balboa Villas/Golden Estate Management
    HOA
    • Has HOA: Yes
    • Amenities included: Assoc Barbecue, Controlled Access, Exercise Room, Meeting Room, Outdoor Cooking Area
    • HOA fee: $832 monthly
    Location
    • Region: Encino

    Financial & listing details

    • Price per square foot: $688/sqft
    • Tax assessed value: $1,024,794
    • Annual tax amount: $12,419
    • Date on market: 8/15/2025

    Price history

    DateEventPrice
    10/22/2025Sold$1,060,000-3.2%$688/sqft
    Source: CLAW #25574321 Report a problem
    9/16/2025Contingent$1,095,000$711/sqft
    Source: CLAW #25574321 Report a problem
    8/15/2025Listed for sale$1,095,000+11.2%$711/sqft
    Source: CLAW #25574321 Report a problem
    11/18/2022Sold$985,000-1%$640/sqft
    Source: Public Record Report a problem
    11/17/2022Pending sale$995,000$646/sqft
    Source: CRMLS #SR22214179 Report a problem
    10/19/2022Contingent$995,000$646/sqft
    Source: CRMLS #SR22214179 Report a problem
    10/14/2022Listed for sale$995,000+4.7%$646/sqft
    Source: CRMLS #SR22214179 Report a problem
    4/16/2019Sold$950,000$617/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,419 +1.1%$1,024,794 +2%
    2024$12,284 +2%$1,004,700 +2%
    2023$12,043 +2.3%$985,000 -1.4%
    2022$11,778 +1.3%$998,618 +2%
    2021$11,630 -1%$979,038 +1%
    2020$11,748 $969,000 +113.7%
    2019$11,748 +113.4%$453,510 +2%
    2018$5,505 $444,618 +2%
    2017$5,505 $435,900
    Find assessor info on the county website

    Neighborhood: Encino

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,064,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,064,400