Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingCondominium

5333 Zelzah Avenue 338

Encino, CA, 91316

1 / 59View all 59 photos

$799,000

MLS: 25488903

Beds

3

Baths

2

Sq Ft

2,472

Lot

3.00 ac

Year Built

1975

MLS #

25488903

Days on Market

27

Listed

Mar 12, 2026

Description

A rare offering of penthouse level luxury in the heart of Encino, this stunning two-story residence delivers elevated design on a dramatic scale, with an effortless lifestyle synonymous with premier Southern California living. Set within a private, gated community, the home rises above it all with soaring vaulted ceilings, vast, voluminous living spaces, and a light-filled floorplan designed for both refined comfort and stylish entertaining. Inside, the freshly painted residence with new installed flooring unfolds with an elegant sense of openness where gracious living and dining areas transition seamlessly from room to room. The living room with patio offers an inviting setting for relaxed gatherings while the separate family room provides additional space for casual leisure. A versatile loft overlooks the living area below, offering the perfect setting for a home office, creative studio, or private retreat. An adjoining balcony on one side and fantastic private rooftop deck on the other each offer boundless, breathtaking views of the mountains beyond and the city below. The primary suite is a sanctuary of comfort complete with its own fireplace, generous walk-in closet, and spa-like bath. The crisp bright kitchen offers ample cabinetry and conveniently adjoins the dining room. Beyond the residence, the community amenities further the lifestyle with two sparkling pools, a clubhouse with a sauna, pool table, card table and fireplace lounge, while the beautifully maintained grounds offer a resort-like environment. Additional conveniences include two side-by-side parking spaces and a dedicated private storage unit! Ideally located in the Nestle Charter School District and just moments from the chic shopping, dining, and entertainment along famed Ventura Boulevard. This exceptional penthouse residence offers the perfect blend of privacy, sophistication, and vibrant city living. Welcome!

Location

Encino, Los Angeles County, CA 91316

Open on Google Maps ↗

Listed by: Michael J. Okun · Sotheby's International Realty

Payment estimate

$5,850

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $79,900 · Loan: $719,100

%
Principal & Interest
$4,418
Property tax (1.25%)
$832
Homeowners insurance
$300
Mortgage insurance
$300
Open the full calculator →

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 $27,965 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.

Similar Homes Nearby

Active and pending listings in ZIP 91316 (Encino) within ±10% of this home's price and size.

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

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access