Under ContractCondominium

5301 Balboa Boulevard F8

Encino, CA, 91316

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$575,000

MLS: 26668625

Beds

2

Baths

2

Sq Ft

1,378

Lot

5.23 ac

Year Built

1965

MLS #

26668625

Days on Market

19

Listed

Mar 23, 2026

Description

Welcome to this beautifully upgraded 2-bedroom, 2-bathroom condominium located in the highly desirable Balboa Biltmore community in prime Encino. Perfectly positioned just minutes from Ventura Boulevard's vibrant shops, restaurants, parks, and charming neighborhood coffee spots, this home offers both convenience and an exceptional lifestyle. Step inside to discover a spacious and light-filled interior, thoughtfully designed with recessed lighting and tasteful upgrades throughout. The open living and dining areas create an inviting atmosphere, complemented by custom built-in cabinetry and an elegant entertainment center that adds both style and functionality. The well-appointed kitchen and living spaces flow seamlessly, making the home ideal for both everyday comfort and entertaining. Additional highlights include in-unit laundry, central air conditioning, and two side-by-side parking spaces conveniently located near the elevator. Residents of Balboa Biltmore enjoy access to resort-style amenities including multiple pools and relaxing spa areas set within beautifully maintained grounds, offering a peaceful retreat in the heart of the city. This is a rare opportunity to live in a move-in-ready home in one of Encino's most beloved communities, combining comfort, convenience, and classic California living.

Location

Encino, Los Angeles County, CA 91316

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Listed by: Bonnie Hyde · Coldwell Banker Realty

Payment estimate

$4,294

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $57,500 · Loan: $517,500

%
Principal & Interest
$3,180
Property tax (1.25%)
$599
Homeowners insurance
$300
Mortgage insurance
$216
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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 $20,125 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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