Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

5015 Balboa Boulevard 103

Encino, CA, 91316

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$849,900

MLS: 26660851

Beds

2

Baths

2

Sq Ft

1,350

Lot

0.78 ac

Year Built

2016

MLS #

26660851

Days on Market

38

Listed

Mar 6, 2026

Description

Amazing opportunity to own in The Balboa Villas, a beautifully designed community built in 2016. This immaculate, newer home offers approximately 1,350 square feet of thoughtfully designed living space. The spacious living room features plantation shutters and large sliding glass doors that open to a wonderful private patio, creating the perfect indoor-outdoor flow. The gourmet kitchen is a standout with quartz countertops, mosaic glass backsplash, deep farmhouse sink, abundant self-closing cabinetry, expansive counter space, a center island, and GE stainless steel appliances. The home offers 2 bedrooms, 2 full bathrooms, plus a versatile bonus space that can be used as a dining area, office, or guest room. The primary suite includes a spacious walk-in closet and a luxurious en-suite bathroom featuring dual sinks, quartz countertops, a frameless glass shower, and a separate soaking tub. The second bedroom is generously sized and adjacent to a full bathroom with a tub/shower and elegant tile surround. Additional features include plantation shutters throughout, an in-unit stackable washer and dryer closet, and two tandem parking spaces. Each unit has its own individual water meter, and gas is included in the monthly HOA dues. Community amenities include concierge service, earthquake insurance, a fitness center, library, community room, outdoor seating areas with barbecues and fireplace, and ample guest parking. Electric vehicle charging and storage cages are available for an additional fee. Conveniently located near restaurants, shopping centers, parks, and easy freeway access, this home offers both comfort and convenience in a highly desirable community.

Location

Encino, Los Angeles County, CA 91316

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Listed by: Samantha Barretto · Coldwell Banker Realty

Payment estimate

$6,204

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $84,990 · Loan: $764,910

%
Principal & Interest
$4,700
Property tax (1.25%)
$885
Homeowners insurance
$300
Mortgage insurance
$319
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Encino home with as little as 3.5% down using an FHA loan — roughly $29,747 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Encino, CA 91316 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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