$469,000
Original list price: $575,000
MLS: SR25255924
Beds
2
Baths
2
Sq Ft
1,378
Lot
5.23 ac
Year Built
1965
MLS #
SR25255924
Days on Market
221
Listed
Nov 7, 2025
Description
The building 5301 Balboa are Rent Control California Law Tenants protection has a right to stay at property!! Property to be sold with tenants !! Is a great investment !! Submit all your offers !!! top-floor condo in the Heart of Encino 2+2 with Bonus room/office Large en-suite master with updated bathroom. The roomy, open living space flows smoothly into a galley kitchen, with a electric double oven. An added convenience for homeowners is the full-size laundry neatly tucked away in a closet. unit in PRIME location, and 2 side-by-side parking covered car garage. Light and bright. 2 fabulous swimming pools & a hot tub, sauna, club house, storage, insurance, maintenance grounds, trash, security recreation room, on site manager, security building with controlled entry & a community room. Lush, manicured grounds throughout the 5 acre property. Balboa Biltmore is a truly an oasis within the San Fernando Valley in the heart of Encino close to so many great amenities, Conveniently close to Encino Commons, Trader Joe’s, restaurants, with easy access to the 101 Fwy, this home offers the perfect balance of city access and serene living.
Location
Encino, Los Angeles County, CA 91316
Open on Google Maps ↗Listed by: Hanna Massachi · Beverly and Company, Inc.
Payment estimate
$4,143
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $46,900 · Loan: $422,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,674
- Property tax (1.25%)
- $489
- Homeowners insurance
- $300
- Mortgage insurance
- $176
- HOA dues
- $505
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $16,415 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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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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