NOT LISTED FOR SALE

5015 Balboa Blvd Unit 208 Encino, CA 91316

Estimated Value: $783,000 - $1,043,000

3 Beds
2 Baths
1,603 Sq Ft
$638/mo HOA Fee

Last Sold March 15, 2018

Last sale price $790,000 $493 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,776/month

Highlights

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

About This Home

As of March 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. Three 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: 05/03/2017

Equity Union

Last Buyer's Agent

Peter Miller

Equity Union License #01256871 Listed on: 05/03/2017

Equity Union

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,250

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Drip System Landscaping
  • Front and Back Yard Sprinklers

HOA Fees

  • $638 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side Facing Garage
  • Guest Parking
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,603 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • High Ceiling
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Window Screens
  • Family Room Off Kitchen
  • Living Room Balcony
  • Combination Dining and Living Room

Kitchen

  • Open to Family Room
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Alarm System
  • Security Lights
  • Intercom

Accessible Home Design

  • Customized Wheelchair Accessible
  • Doors are 32 inches wide or more
  • Low Pile Carpeting

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 Available

Listing and Financial Details

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

Community Details

Overview

  • Master Insurance
  • 42 Units
  • Maintained Community

Amenities

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

Recreation

  • Fitness Center

Pet Policy

  • Pet Restriction
  • Pet Size Limit
  • Breed Restrictions

Security

  • Security Service
  • 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

$5,250

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$638 per month

Parking

2

Listing Details

  • Assessments: Yes
  • 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 Lights, Security System, Smoke Detector(s), Wired for Alarm System
  • View: No
  • Architectural Style: Contemporary, Traditional
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1603.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, High Ceilings, Intercom, Living Room Balcony, Open Floorplan, Pantry, Unfurnished, Wired for Data, Wired for Sound
  • Stories: 4
  • Common Walls: 2+ Common Walls
  • Accessibility Features: 32 Inch Or More Wide Doors, Low Pile Carpeting, Customized Wheelchair Accessible
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 492.83
  • Room Type: Living Room, Master Bedroom, Master Suite
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Screens
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Garage Faces Side, Guest, Off Street, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Phone Available, 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 Range, Microwave, Range Hood, Recirculated Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Central, Forced Air, ENERGY STAR Qualified Equipment, High Efficiency
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Inside, Stackable
  • 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, Storage, Earthquake Insurance, Insurance, Maintenance Grounds, Trash, Sewer, Dues Paid Monthly, Pet Rules, Pets Permitted, Permitted Types, Weight Limit, Call for Rules, Security
  • Association Fee: 637.53
  • Association Fee Frequency: Monthly
  • Phone: 000-000-0000
  • Senior Community: No
  • Community Features: Gutters, Storm Drains, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Manual, 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

Closed on
Apr 29, 2025
Sold by
Polkes Julie D
Bought by
Julie D Polkes Living Trust and Polkes
Current Estimated Value
$886,450

Purchase Details

Closed on
Feb 5, 2024
Sold by
Polkes Motzkin Rita
Bought by
Polkes Julie D

Purchase Details

Closed on
Jan 5, 2022
Sold by
Polkes Motzkin Rita
Bought by
Polkes Rita

Purchase Details

Listed on
May 3, 2017
Closed on
Jan 22, 2018
Sold by
City Real Estate Development Llc
Bought by
Motzkin Donald and Motzkin Rita Polkes
Seller's Agent
Peter Miller
Equity Union
Buyer's Agent
Peter Miller
Equity Union
List Price
$949,000
Sold Price
$790,000
Premium/Discount to List
-$159,000
-16.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.54%
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
Julie D Polkes Living Trust -- None Listed On Document
Polkes Julie D -- None Listed On Document
Polkes Rita -- None Listed On Document
Polkes Rita -- --
Motzkin Donald $790,000 Fidelity National Title Grou
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $790,000 -16.8% $493 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $949,000 -- $592 / 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 $5,250 $433,462 $107,404 $326,058
2024 $5,250 $424,964 $105,299 $319,665
2023 $5,147 $416,633 $103,235 $313,398
2022 $4,904 $408,464 $101,211 $307,253
2021 $4,835 $400,456 $99,227 $301,229
2019 $4,769 $388,581 $96,285 $292,296
2018 $5,772 $466,578 $48,378 $418,200
Source: Public Records

Agents Affiliated with this Home

  • Peter Miller

    Seller's Agent in 2018

    Peter Miller

    Equity Union

    (818) 489-1902

    3 in this area

    49 Total Sales

    Peter Miller
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17096297

California Regional Multiple Listing Service (CRMLS)

APN: 2258-016-022

California Los Angeles County Encino 91316

5015 Balboa Blvd Unit 208, Encino, CA

This home is located at 5015 Balboa Blvd Unit 208, Encino, CA 91316 since 03 May 2017 and is currently estimated at $886,450, approximately $552 per square foot. This property was built in 2017. 5015 Balboa Blvd Unit 208 is a home located in Los Angeles County with nearby schools including Gaspar De Portola Middle School, Encino Charter Elementary, and Birmingham Community Charter High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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