$694,000
SOLD JUN 5, 2018

5015 Balboa Blvd Unit 101 Encino, CA 91316

2 Beds
2 Baths
1,356 Sq Ft
$600/mo HOA Fee

Recently Sold

$512 Per Sq Ft

1% Below List Price

108 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Community
  • Gaspar De Portola Middle School Rated A-
  • Primary Bedroom Suite
  • 4-minute walk to Encino Park

About This Home

As of June 2024

Welcome to The Balboa Villas...amazing "brand new" and ready for your buyer..."Wilshire Boulevard comes to the Valley!" Majestic grand lobby and get the feel of absolute luxury and the finest units in the area. Two bedrooms with amazing open floor plan. Fabulous gourmet kitchen with quartz counters, GE Cafe' appliances, self closing designer cabinetry, Sonetto inset farm style sink, low voltage lighting, and mosaic glass back splash. Designer plumbing fixtures. Amazing open entertainer's floor plan. Master suite with resort styled bath, separate tub and frameless shower with over sized walk in closet. Environmentally sensitive throughout. Unit is prewired for fiber optics. Upgraded USB outlets in several rooms. Over sized windows and sliders...huge balcony. Washer/dryer included. Alarm equipped. Amenities include concierge, Earthquake insurance, community room, fitness center, library, outdoor living of water feature, fire place, and barbeques. For all of this the HOA dues are quite reasonable. Two gated parking spaces. Plenty of gated guest parking. Available are storage cages, Electric auto chargers, and wine lockers (for minimal additional fees). Intricate camera security system throughout all common areas. Buyer will be given a flooring allowance to finish off the unit...many options. High speed elevators. Unit is individually water metered. Designer high end finishes through out the building...really impressive. Fabulous location and great neighborhood. A must see!

Last Agent to Sell the Property

Peter Miller

Equity Union License #01256871 Listed on: 01/06/2018

Equity Union

Last Buyer's Agent

Edwin Keshishian

Premier Financial and Real Estate Corp License #01398529

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,501

Year Built

  • Built in 2018

Lot Details

  • Two or More Common Walls
  • Rectangular Lot
  • Drip System Landscaping
  • Sprinklers Throughout Yard
  • Density is 36-40 Units/Acre

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side Facing Garage
  • Tandem Garage
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Steel Beams
  • Copper Plumbing

Interior Spaces

  • 1,356 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Recessed Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Living Room Balcony
  • Storage
  • Views of Woods

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Separate Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Alarm System
  • Intercom

Accessible Home Design

  • Halls are 48 inches wide or more
  • Lowered Light Switches
  • Accessibility Features
  • Doors swing in
  • Entry Slope Less Than 1 Foot
  • Accessible Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • ENERGY STAR Qualified Water Heater
  • Sewer Paid
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 64625

Community Details

Overview

  • 42 Units
  • Balboa Villas Association

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room
  • Card Room
  • Recreation Room

Recreation

  • Fitness Center

Pet Policy

  • Pet Restriction
  • Pet Size Limit
  • Breed Restrictions

Security

  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,501

Year Built

Built in 2018

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Rated Drywall, Fire Sprinkler System, Firewall(s), Gated Community, Security System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 2018
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1356.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Intercom, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage, Unfurnished, Wired for Data, Wired for Sound
  • Common Walls: 2+ Common Walls
  • Accessibility Features: 48 Inch Or More Wide Halls, Disability Features, Doors - Swing In, Entry Slope Less Than 1 Foot, Lowered Light Switches, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 511.80
  • Room Type: Living Room, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Screens
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Quartz Counters, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Trees/Woods
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Steel

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Concrete, Garage Faces Side, Guest, Off Street, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Disposal, Gas & Electric Range, Gas Range, High Efficiency Water Heater, Microwave
  • Heating Type: Central, Forced Air, ENERGY STAR Qualified Equipment, High Efficiency
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Gas Dryer Hookup, In Closet, Inside, Stackable, Washer Hookup, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Barbecue, Outdoor Cooking Area, Gym/Ex Room, Clubhouse, Card Room, Recreation Room, Meeting Room, Concierge, Earthquake Insurance, Gas, Dues Paid Annually, Pet Rules, Pets Permitted, Permitted Types, Weight Limit, Call for Rules, Controlled Access
  • Association Fee: 600.34
  • Association Fee Frequency: Monthly
  • Association Name: Balboa Villas
  • Phone: 000-000-0000
  • Senior Community: No
  • Community Features: Gutters, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre, Corner Lot, Rectangular Lot, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Walkstreet
  • Lot Size Sq Ft: 30000.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 42
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 64625

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
May 31, 2024
Sold by
Hakhordian Evet and Hakhordian Enet
Bought by
Laurence And Sharon Klugman Family Trust and Klugman
Seller's Agent
Harut Arthur Seropian
Douglas Elliman
Buyer's Agent
Judith Ross
Berkshire Hathaway HomeServices California Propert
List Price
$829,000
Sold Price
$821,000
Premium/Discount to List
-$8,000
-0.97%
Views
25
Current Estimated Value
$829,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,042
Avg. Annual Appreciation
-0.02%

Purchase Details

Listed on
Jan 6, 2018
Closed on
May 25, 2018
Sold by
City Real Estate Development Llc
Bought by
Hakhordian Evet and Hakhordian Enet
Seller's Agent
Peter Miller
Equity Union
Buyer's Agent
Edwin Keshishian
Premier Financial and Real Estate Corp
List Price
$699,000
Sold Price
$694,000
Premium/Discount to List
-$5,000
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%
Original Mortgage
$659,300
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $821,000 Lawyers Title
Grant Deed $694,000 Fidelity National Title Grou
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $677,110 New Conventional
Previous Owner $661,000 New Conventional
Previous Owner $659,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $821,000 -1.0% $608 / Sq Ft
05/17/2024 05/17/24 For Sale $829,000 +19.5% $614 / Sq Ft
06/05/2018 06/05/18 Sold $694,000 -0.7% $512 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
01/06/2018 01/06/18 For Sale $699,000 -- $515 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,501 $244,863 $81,117 $163,746
2024 $9,501 $774,167 $250,990 $523,177
2023 $9,316 $758,988 $246,069 $512,919
2022 $8,876 $744,107 $241,245 $502,862
2021 $8,765 $729,517 $236,515 $493,002
2019 $8,499 $707,880 $229,500 $478,380
2018 $4,939 $398,616 $41,616 $357,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18004154

California Regional Multiple Listing Service (CRMLS)

APN: 2258-016-006