5151 Balboa Boulevard 303
Encino, CA, 91316
$650,000
MLS: 26651219
Beds
2
Baths
2
Sq Ft
956
Lot
0.53 ac
Year Built
1988
MLS #
26651219
Days on Market
36
Listed
Feb 18, 2026
Description
Nestled among the trees, this recently updated top-floor, 2-bedroom, 2-bath condo offers refined living in an unbeatable location of prime Encino. The east-facing residence is filled with natural light thanks to expansive windows and soaring ceilings that enhance the open-concept layout. Warm and tasteful design choices highlight the open living room, while the newly upgraded kitchen showcases premium appliances, a wine refrigerator, recessed lighting, Taj Mahal stone countertops, and more modern comforts. The well-designed floor plan places the two bedrooms on opposite sides for added privacy, and a private balcony with a newly installed sliding door provides a quiet retreat. Both bedrooms feature their own en suite spa-like bathrooms. Additional conveniences include an in-unit high-end stackable washer and dryer, elevator access, two side-by-side secured parking spaces, and dedicated storage. Residents enjoy low HOA dues with their resort-style amenities. Within this intimate 28-unit community, one can find a spa and sauna, fitness and recreation room, guest parking, and 24-hour controlled access. Ideally positioned just blocks from Ventura Boulevard, Encino Commons, Equinox, popular cafes, fine dining, and boutique shopping, this home also offers quick access to the 101 and 405 freeways for seamless commuting. A rare opportunity to live close to everything while enjoying the comfort of a quiet, well-kept community in the heart of Encino. This home deserves a visit, don't miss it!
Location
Encino, Los Angeles County, CA 91316
Open on Google Maps ↗Listed by: Richard Schulman · KW Westside Estates
Payment estimate
$4,815
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $65,000 · Loan: $585,000
- Principal & Interest
- $3,594
- Property tax (1.25%)
- $677
- Homeowners insurance
- $300
- Mortgage insurance
- $244
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 $22,750 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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