NOT LISTED FOR SALE

5015 Balboa Blvd Unit 202 Encino, CA 91316

Estimated Value: $789,483 - $1,049,000

2 Beds
2 Baths
1,366 Sq Ft
$600/mo HOA Fee

Last Sold February 12, 2018

Last sale price $715,000 $523 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,057/month

Highlights

  • Concierge
  • Fitness Center
  • 35,000 Sq Ft lot
  • Gaspar De Portola Middle School Rated A-
  • Gated Community
  • 4-minute walk to Encino Park

About This Home

As of February 2018

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: 12/01/2017

Equity Union

Last Buyer's Agent

Tomasita Salazar

No Firm Affiliation License #02033181

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,783

Year Built

  • Built in 2017

Lot Details

  • Two or More Common Walls
  • Rectangular Lot
  • Back and Side Yard Sprinklers
  • Density is 36-40 Units/Acre

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side Facing Garage
  • Driveway Down Slope From Street
  • Automatic Gate
  • Guest Parking
  • Assigned Parking

Home Design

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

Interior Spaces

  • 1,366 Sq Ft Home
  • Wired For Sound
  • Wired For Data
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Living Room Balcony
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Low Flow Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Alarm System
  • Security Lights
  • Intercom

Accessible Home Design

  • Doors swing in
  • Doors are 32 inches wide or more

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • Master Insurance
  • 42 Units
  • Balboa Villas Association
  • Maintained Community

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Meeting 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,783

Year Built

Built in 2017

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Rated Drywall, Fire Sprinkler System, Gated Community, Security Lights, Security System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1366.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, High Ceilings, Intercom, Living Room Balcony, Recessed Lighting, Unfurnished, Wired for Data, Wired for Sound
  • Common Walls: 2+ Common Walls
  • Accessibility Features: 32 Inch Or More Wide Doors, Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 523.43
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom, 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 Bath(s), Double Sinks In Master Bath, Quartz Counters, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Plaster, Steel, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete, Driveway Down Slope From Street, Garage Faces Side, Guest, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas & Electric Range, Gas Range, Gas Cooktop, High Efficiency Water Heater, Ice Maker, Range Hood, Recirculated Exhaust Fan, Self Cleaning Oven, Water Line to Refrigerator
  • Heating Type: Central, ENERGY STAR Qualified Equipment, High Efficiency
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Gas Dryer Hookup, In Closet, Stackable, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Gym/Ex Room, Recreation Room, Meeting Room, Concierge, Earthquake Insurance, Insurance, Maintenance Grounds, Sewer, Dues Paid Monthly, Pet Rules, Pets Permitted, Permitted Types, Weight Limit
  • Association Fee: 600.34
  • Association Fee Frequency: Monthly
  • Association Name: Balboa Villas
  • Phone: 000-000-0000
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, 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, Sprinkler System, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Walkstreet
  • Lot Size Sq Ft: 35000.00

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

Closed on
May 21, 2021
Sold by
Hsu Ching-Long and Hsu Mei-Fen
Bought by
Hsu Family Trust and Hsu
Current Estimated Value
$875,621

Purchase Details

Listed on
Dec 1, 2017
Closed on
Jan 22, 2018
Sold by
City Real Estate Development Llc
Bought by
Hsu Ching Long and Hsu Mei Fen
Seller's Agent
Peter Miller
Equity Union
Buyer's Agent
Tomasita Salazar
No Firm Affiliation
List Price
$715,000
Sold Price
$715,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%
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 Buyer Sale Price Title Company
Hsu Family Trust -- Huang Joanne C
Hsu Ching Long $715,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2018 02/12/18 Sold $715,000 0.0% $523 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
12/01/2017 12/01/17 For Sale $715,000 -- $523 / 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 $9,783 $813,543 $256,009 $557,534
2024 $9,783 $797,592 $250,990 $546,602
2023 $9,592 $781,954 $246,069 $535,885
2022 $9,139 $766,623 $241,245 $525,378
2021 $9,025 $751,592 $236,515 $515,077
2020 $9,116 $743,886 $234,090 $509,796
2019 $8,751 $729,300 $229,500 $499,800
2018 $4,940 $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: SR17267826

California Regional Multiple Listing Service (CRMLS)

APN: 2258-016-016