Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

5255 Zelzah Avenue 302

Encino, CA, 91316

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$995,000

MLS: SR26078216

Beds

2

Baths

2

Sq Ft

2,790

Lot

1.50 ac

Year Built

1975

MLS #

SR26078216

Days on Market

7

Listed

Apr 11, 2026

Description

Rare top-floor penthouse in the most desirable location of the complex. 2,790 sq. ft.—the largest unit—with vaulted ceilings and abundant natural light throughout. Entry opens to an expansive living room with fireplace and formal dining area, flowing into a newer kitchen designed for both daily living and effortless entertaining. Well-proportioned layout offers a seamless balance of open living and defined spaces, ideal for both everyday comfort and hosting. Two oversized bedrooms positioned on opposite sides of the penthouse for added privacy, both with substantial storage, including a primary suite with generous closet space and a private retreat feel. Spacious 1.75 bathrooms, thoughtfully arranged. Upper-level loft overlooks the main living area and functions well as a den, office, or potential 3rd bedroom, with direct access to a rooftop patio and open views. Three outdoor spaces create a true indoor-outdoor lifestyle with multiple areas to relax or entertain. Additional features include two fireplaces, inside laundry room, side-by-side parking, and extra storage in the garage. A rare penthouse offering combining scale, light, layout, and top-floor privacy.

Location

Encino, Los Angeles County, CA 91316

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Listed by: Diana Lisenkov · LISBOR Realty

Payment estimate

$7,212

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $99,500 · Loan: $895,500

%
Principal & Interest
$5,502
Property tax (1.25%)
$1,036
Homeowners insurance
$300
Mortgage insurance
$373
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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 $34,825 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

Only large teams outsell Mike Watson · Keller Williams Realty

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