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Sold for $625,000
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  • Listed by: Pinnacle Estate Properties, Inc. • Raquel Magro • Contact: 818-361-7027
    Bought with: Compass
    $625,000

    5151 Balboa Blvd Unit 201, Encino, CA 91316

    2beds
    956sqft
    Condominium
    Built in 1988
    -- sqft lot
    $640,300 Zestimate®
    $654/sqft
    $3,628 Estimated rent

    Home value

    $640,300

    $602,000 - $685,000

    $3,628/mo

    Zestimate® history
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    What's special

    Peek-a-boo treetops viewsDual closet storageDouble sinksSecondary bedroomNewer quartz counter topsOpen floor plan conceptBreakfast bar area
    IF YOU'RE LOOKING FOR A LIFESTYLE CHANGE, WELCOME TO BALBOA PLACE CONDOS! Sought-after neighborhood adjacent to the well-known quaint multimillion-dollar Amestoy Estates. You will fall in love with this area. Also, within close proximity to Encino Charter Elementary School (top rated), many local shops, restaurants, Encino Park plus easy freeway access to the 101 & 405 freeway and just steps away from Ventura Blvd. On the second floor of this contemporary building, you will find a modern 2-bedroom, 2-bathroom unit offering an open floor plan concept featuring soaring 10" high ceilings, fireplace and 3 balconies facing Balboa Bl with peek-a-boo treetops views. Spacious functional kitchen with wood cabinetry, stainless steel farm sink with swan faucet, newer Quartz counter tops with tile back splash, built-in appliances plus a breakfast bar area, ideal for your morning coffee rituals. Both bedrooms are located at opposite ends, therefore providing privacy. Primary bedroom features dual closet storage along with a 3/4 bathroom with double sinks and a walk-in shower stall. Secondary bedroom offers closet storage and access to the full hallway bathroom. Oops, almost forgot to mention the convenient in-unit laundry area, laminate flooring & recess lighting throughout. Unit is move-in ready! HOA dues of $350.00 includes EQ insurance. Common areas features include a spa, open air patio sitting area, off-street guest parking, exercise room plus an elevator for easy access to your unit and the gated 2-car side by side subterranean parking. You can't ask for a better location. Welcome HOME!

    Zillow last checked:

    Listing updated:

    Listed by:

    Raquel Magro DRE #00920540 818-968-4585,

    Pinnacle Estate Properties, Inc.

    Bought with:

    Teresa Acosta, DRE #01896740

    Compass

    Source: CRMLS,MLS#: SR24038909MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other
    Bathroom
    • Features: Bathtub, Dual Sinks, Separate Shower, Tile Counters, Tub Shower, Walk-In Shower
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Free-Standing Range, Microwave, Refrigerator, Water Heater
    • Laundry: Inside, Laundry Closet, See Remarks
    Features
    • High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting
    • Flooring: Laminate, Tile
    • Doors: Panel Doors, Sliding Doors
    • Windows: Drapes
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room
    • Common walls with other units/homes: 2+ Common Walls,End Unit
    Interior area
    • Total interior livable area: 956 sqft

    Property

    Parking
    • Parking features: Underground, One Space, Side By Side
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: See Remarks
    • Pool features: None, Association
    • Has spa: Yes
    • Spa features: Association, Community
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.53 Acres
    • Features: Near Public Transit
    Details
    • Parcel number: 2258021088
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary,Modern
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Street Lights, Suburban, Sidewalks
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    HOA
    • Has HOA: Yes
    • Amenities included: Controlled Access, Fitness Center, Maintenance Grounds, Insurance, Pool, Pet Restrictions, Pets Allowed, Sauna, Spa/Hot Tub, Trash
    • Services included: Earthquake Insurance
    • HOA fee: $350 monthly
    • HOA name: Balboa Place HOA
    • HOA phone: 818-587-9500
    Location
    • Region: Encino

    Financial & listing details

    • Price per square foot: $654/sqft
    • Tax assessed value: $637,500
    • Annual tax amount: $7,639
    • Date on market: 2/26/2024
    • Cumulative days on market: 2 days
    • Listing terms: Cash,Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/27/2024Sold$625,000$654/sqft
    Source: CRMLS #SR24038909 Report a problem
    2/29/2024Pending sale$625,000$654/sqft
    Source: CRMLS #SR24038909 Report a problem
    2/29/2024Price change$625,000+8.7%$654/sqft
    Source: CRMLS #SR24038909 Report a problem
    2/26/2024Listed for sale$575,000+10.6%$601/sqft
    Source: CRMLS #SR24038909 Report a problem
    7/29/2021Sold$520,000+10.6%$544/sqft
    Source: CLAW #21753234 Report a problem
    9/24/2020Sold$470,000+2.4%$492/sqft
    Source: CLAW #20611056 Report a problem
    8/16/2020Pending sale$459,000$480/sqft
    Source: Reali, Inc. #20611056 Report a problem
    7/29/2020Listed for sale$459,000+12%$480/sqft
    Source: Reali, Inc. #20611056 Report a problem
    8/7/2017Sold$410,000-3.5%$429/sqft
    Source: Public Record Report a problem
    5/2/2017Listing removed$425,000$445/sqft
    Source: Ewing & Associates Sotheby's International Realty #SR17010803 Report a problem
    5/1/2017Pending sale$425,000$445/sqft
    Source: Ewing & Associates Sotheby's International Realty #SR17010803 Report a problem
    3/21/2017Listed for sale$425,000$445/sqft
    Source: Ewing & Associates Sotheby's International Realty #SR17010803 Report a problem
    2/8/2017Sold--0
    Source: Agent Provided Report a problem
    2/6/2017Pending sale$425,000$445/sqft
    Source: Ewing & Associates Sotheby's International Realty #SR17010803 Report a problem
    1/18/2017Listed for sale$425,000+60.4%$445/sqft
    Source: Ewing & Associates Sotheby's International Realty #SR17010803 Report a problem
    4/8/2014Listing removed$1,695$2/sqft
    Source: Ewing Sothebys I.R. #SR13210458 Report a problem
    1/16/2014Price change$1,695-5.6%$2/sqft
    Source: Ewing Sothebys I.R. #SR13210458 Report a problem
    11/6/2013Price change$1,795-5.5%$2/sqft
    Source: Ewing Sothebys I.R. #SR13210458 Report a problem
    10/17/2013Listed for rent$1,900$2/sqft
    Source: Ewing Sothebys I.R. #SR13210458 Report a problem
    3/24/2010Sold$265,000+92%$277/sqft
    Source: Public Record Report a problem
    6/14/1999Sold$138,000$144/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,639 +15.2%$637,500 +17.8%
    2024$6,630 +2%$541,007 +2%
    2023$6,501 +4.9%$530,400 +2%
    2022$6,195 +0.1%$520,000 +10.6%
    2021$6,191 +18.1%$470,000 +10.2%
    2020$5,243 $426,563 +2%
    2019$5,243 +4.5%$418,200 +2%
    2018$5,018 $410,000 +39.1%
    2017$5,018 +38.4%$294,732 +2%
    2016$3,627 +2.4%$288,953 +1.5%
    2015$3,540 +1%$284,613 +2%
    2014$3,505 $279,039 +2.5%
    2012-- $272,334 +2%
    2011-- $266,995 +59.3%
    2010-- $167,591 -0.2%
    2009-- $167,990 +2%
    2008-- $164,697 +2%
    2007-- $161,469 +2%
    2006-- $158,304
    2005-- $158,304 +4%
    2004-- $152,159 +1.9%
    2003-- $149,371 +2%
    2002-- $146,444 +4%
    2000-- $140,760
    Find assessor info on the county website

    Neighborhood: Encino

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $640,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $640,300