PendingCondominium

5139 Balboa Boulevard 2

Encino, CA, 91316

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$699,000

MLS: 26644229

Beds

2

Baths

3

Sq Ft

1,351

Lot

1.29 ac

Year Built

1974

MLS #

26644229

Days on Market

80

Listed

Jan 27, 2026

Description

Welcome to this beautifully renovated 2-bedroom, 2.5-bath townhome in the heart of Encino. Thoughtfully redesigned with both style and functionality in mind, this turnkey residence features high-end finishes, modern upgrades, and a warm, inviting layout. The light-filled interior showcases smooth ceilings, recessed lighting, central air & heat, and new flooring throughout. The open-concept living and dining areas flow seamlessly, offering an ideal space for everyday living and entertaining. The updated kitchen features upgraded cabinetry, sleek countertops, and modern fixtures, and opens directly to the main living area. Additional features include an in-unit laundry area, a remodeled guest powder room, a cozy stone gas fireplace, a stylish wet bar, and a private outdoor patio. Upstairs, both bedrooms are generously sized with en-suite bathrooms, providing comfort and privacy. The primary suite offers ample closet space and an updated bath. Ideally located along the perimeter of the community, the home offers direct access without passing through a lobby or interior building, enhancing privacy and providing a single-family residence feel. The property includes two dedicated parking spaces, along with a recently installed private EV charger assigned to the unit. Community amenities include a pool, spa, and fitness center. Conveniently located near Ventura Boulevard shopping, dining, and freeway access. Move-in ready and well-positioned for today's market. Very easy to preview.

Location

Encino, Los Angeles County, CA 91316

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Listed by: Isaac Mokhtarzadeh · Nelson Shelton & Associates

Payment estimate

$5,156

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $69,900 · Loan: $629,100

%
Principal & Interest
$3,865
Property tax (1.25%)
$728
Homeowners insurance
$300
Mortgage insurance
$262
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

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 $24,465 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.

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