$650,000
SOLD JUL 10, 2025

5151 Balboa Blvd Unit 303 Encino, CA 91316

2 Beds
2 Baths
956 Sq Ft
$400/mo HOA Fee

Recently Sold

$680 Per Sq Ft

4% Above List Price

5 Days on Market

Highlights

  • Fitness Center
  • No Units Above
  • Peek-A-Boo Views
  • Gaspar De Portola Middle School Rated A-
  • Primary Bedroom Suite
  • 0.53 Acre Lot

About This Home

As of July 2025

Tucked away among multi-million dollar homes with Amestoy Estates in your backyard, this top-floor 2-bedroom, 2-bath condo in the heart of Encino offers 956 square feet of stylish living and exudes pride of ownership with tasteful touches throughout. The east-facing unit with large windows and extra tall ceilings fills the home with natural light, complementing the open floor plan, cozy gas-burning fireplace, and an upgraded kitchen featuring high-end appliances, a wine fridge, smart-home features, and recessed lighting. The spacious bedrooms are thoughtfully positioned on opposite sides for privacy, while a private balcony with a new sliding door creates a peaceful haven. Additional highlights include an in-unit stackable high-end washer and dryer, elevator access, two side-by-side secured parking spaces, and private storage. The well-maintained, tight-knit building of only 28 units offers low HOA fees, a spa, sauna, fitness-recreation center, BBQ area, 24-hour controlled access, and ample guest parking. Conveniently located near award-winning schools and within walking distance to Ventura Boulevard, Encino Commons, Equinox gym, fine dining, and the finest shopping with easy access to the 101 and 405 freeways, this condo confidently meets every expectation for buyers seeking functionality, elegance, and convenience.

Last Agent to Sell the Property

Bruce Barz

Compass Brokerage Phone: 818-619-9190 License #02135769 Listed on: 06/11/2025

Compass

Co-Listed By

Kevin Lenik

Keller Williams North Valley Brokerage Phone: 818-619-9190 License #02214331

Last Buyer's Agent

Aaron Gelb

Keller Williams Los Angeles License #01930586

Keller Williams Los Angeles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,738

Year Built

  • Built in 1988

Lot Details

  • No Units Above
  • Two or More Common Walls

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Peek-A-Boo
  • Neighborhood

Interior Spaces

  • 956 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Entryway
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 42139
  • Assessor Parcel Number 2258021101
  • $139 per year additional tax assessments

Community Details

Overview

  • 28 Units
  • Balboa Place Association, Phone Number (818) 587-9500
  • Westcom Property Mangement HOA
  • Valley

Amenities

  • Community Barbecue Grill
  • Sauna
  • Recreation Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,738

Year Built

Built in 1988

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2258021101
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 956.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls, No One Above
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 679.92
  • Room Type: Entry, Kitchen, Living Room, Primary Suite

Exterior Features

  • View: Neighborhood, Peek-A-Boo
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Closet, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Sauna, Barbecue, Gym/Ex Room, Recreation Room, Storage, Controlled Access
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Association Name: Balboa Place
  • Phone: 818-587-9500
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Valley
  • Association Management: Westcom Property Mangement

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 23078.00
  • Lot Size Acres: 0.5298

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23078.0000 Square Feet
  • Number Of Units In Community: 28
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1396.00
  • Tax Lot: 1
  • Tax Tract Number: 42139
  • TaxOtherAnnualAssessmentAmount: 139.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 11, 2022
Sold by
Gemma Vaughan
Bought by
Abney Devin
Seller's Agent
Cesar Melendrez
Jason Mitchell Real Estate Ca
Buyer's Agent
Helen Ayazi
Pinnacle Estate Properties, Inc.
List Price
$605,000
Sold Price
$621,000
Premium/Discount to List
$16,000
2.64%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.41%
Original Mortgage
$589,950
Outstanding Balance
$565,414
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$62,910

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jun 24, 2019
Sold by
Mohran Ryan
Bought by
Vaughan Gemma
Seller's Agent
Sam Musallam
Elite Home Group
Buyer's Agent
Sam Musallam
Elite Home Group
List Price
$469,990
Sold Price
$496,000
Premium/Discount to List
$26,010
5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$150,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2010
Sold by
Wells Fargo Bank N A
Bought by
Mohran Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2010
Sold by
Pitillo Kathryn Helen
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 26, 2005
Sold by
Pitillo James A
Bought by
Pitillo Kathryn Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2005
Sold by
Asi Reverse Exchange Co Inc
Bought by
Pitillo Kathryn Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2005
Sold by
Barsoumian Ara and Barsoumian Hasmig
Bought by
1031 Reverse Exchange Co Inc

Purchase Details

Closed on
Jan 8, 1999
Sold by
Kessler Iliana
Bought by
Kessler Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
6.79%

Purchase Details

Closed on
Dec 30, 1998
Sold by
Kessler Kenneth J
Bought by
Barsoumian Ara and Barsoumian Hasmig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
6.79%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $621,000 Landwood Title
Grant Deed $496,000 Chicago Title
Grant Deed $250,000 Lawyers Title
Trustee Deed $335,400 None Available
Interfamily Deed Transfer -- Chicago Title
Grant Deed $429,000 --
Grant Deed -- --
Interfamily Deed Transfer -- --
Gift Deed -- Southland Title
Individual Deed $141,000 Southland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $589,950 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $379,000 Purchase Money Mortgage
Previous Owner $105,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Sold $650,000 +4.0% $680 / Sq Ft
06/16/2025 06/16/25 Pending -- -- --
06/11/2025 06/11/25 For Sale $624,999 +0.6% $654 / Sq Ft
08/23/2022 08/23/22 Sold $621,000 +2.6% $650 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $605,000 +22.0% $633 / Sq Ft
07/16/2019 07/16/19 Sold $496,000 +5.5% $519 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $469,990 -- $492 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,738 $633,420 $416,160 $217,260
2023 $7,587 $621,000 $408,000 $213,000
2022 $6,091 $511,158 $153,553 $357,605
2021 $6,016 $501,137 $150,543 $350,594
2019 $3,495 $287,119 $111,287 $175,832
2018 $3,481 $281,490 $109,105 $172,385
2016 $3,321 $270,561 $104,869 $165,692
2015 $3,273 $266,498 $103,294 $163,204
2014 $3,289 $261,279 $101,271 $160,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25130903

California Regional Multiple Listing Service (CRMLS)

APN: 2258-021-101