5015 Balboa Blvd Unit 408 Encino, CA 91316
Estimated payment $7,684/month
Highlights
- Fitness Center
- City Lights View
- Traditional Architecture
- Gaspar De Portola Middle School Rated A-
- 0.78 Acre Lot
- 4-minute walk to Encino Park
About This Home
Welcome to the stunning Balboa Villas one of Encino's most iconic and newest luxury residences. This rare northwest-facing Penthouse is a top-floor, corner unit that combines elegance, natural light, and breathtaking views, ready for its next lucky owner. Designed with Architectural Digest appeal, the home features wraparound windows that frame treetop and mountain vistas, filling the space with cascading light throughout the day. A long, art gallery-style entryway leads into a spacious open-concept floor plan with dual primary suites thoughtfully positioned at opposite ends of the unit for maximum privacy. Both bathrooms have sleek quartz countertops, and both primary suites include a large walk-in closet. The true gourmet kitchen is a standout, featuring quartz counters, a mosaic backsplash, GE Monogram stainless steel appliances, designer self-closing drawers and cabinets, updated pulls, newer light fixtures, and a deep Sonetto inset farmhouse sink. A breakfast bar and a dedicated dining area with picturesque views create the perfect setup for relaxed everyday living or elegant entertaining. Recent upgrades add even more value, including a brand new HVAC system, Yale automatic entry door, newer carpet in the bedrooms, fresh interior paint throughout, a security system, remote control auto shades, and pre-wiring for fiber optics. The in-unit laundry area provides ample storage and convenience. This residence comes with two non-tandem parking spaces in a gated subterranean garage, conveniently located directly next to the elevator. Additional garage storage and subterranean guest parking is available. Residents of Balboa Villas enjoy premium amenities such as an on-site weekday concierge, elegant lobby, fully equipped fitness center, recreation room, library, and a beautifully designed outdoor space with a BBQ area and adjacent fireplace lounge. HOA includes earthquake insurance. Ideally located near top-rated restaurants, shopping, Genesta Park, and major commuter routes, this exceptional home offers the ultimate in upscale Encino living. Come live the penthouse life welcome home to PH #408.
Listing Agent
Berkshire Hathaway HomeServices California Properties License #00941825 Listed on: 08/15/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,284
Year Built
- Built in 2016
HOA Fees
- $832 Monthly HOA Fees
Property Views
- City Lights
- Mountain
- Valley
Home Design
- Traditional Architecture
- Entry on the 4th floor
Interior Spaces
- 1,540 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Area
- Carpet
- Laundry Room
Kitchen
- Breakfast Bar
- Oven
- Range
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
Parking
- Automatic Gate
- Guest Parking
Utilities
- Central Heating and Cooling System
- Property is located within a water district
Listing and Financial Details
- Assessor Parcel Number 2258-016-045
Community Details
Overview
- 42 Units
- Association Phone (888) 999-6575
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Meeting Room
Recreation
- Fitness Center
Pet Policy
- Call for details about the types of pets allowed
Security
- Card or Code Access
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,284 | $1,024,794 | $296,514 | $728,280 |
| 2024 | $12,284 | $1,004,700 | $290,700 | $714,000 |
| 2023 | $12,043 | $985,000 | $285,000 | $700,000 |
| 2022 | $11,778 | $998,618 | $299,585 | $699,033 |
| 2021 | $11,630 | $979,038 | $293,711 | $685,327 |
| 2020 | $11,748 | $969,000 | $290,700 | $678,300 |
| 2019 | $5,938 | $453,510 | $47,754 | $405,756 |
| 2018 | $5,505 | $444,618 | $46,818 | $397,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/15/2025 09/15/25 | Pending | -- | -- | -- | |
| 08/15/2025 08/15/25 | For Sale | $1,095,000 | +11.2% | $711 / Sq Ft | |
| 11/18/2022 11/18/22 | Sold | $985,000 | -1.0% | $640 / Sq Ft | View Prior Sale |
| 10/17/2022 10/17/22 | Pending | -- | -- | -- | |
| 10/13/2022 10/13/22 | For Sale | $995,000 | +4.7% | $646 / Sq Ft | |
| 04/16/2019 04/16/19 | Sold | $950,000 | 0.0% | $625 / Sq Ft | View Prior Sale |
| 03/15/2019 03/15/19 | Pending | -- | -- | -- | |
| 03/15/2019 03/15/19 | For Sale | $950,000 | -- | $625 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $985,000 | Equity Title | |
| Grant Deed | $950,000 | Fidelity National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $585,000 | New Conventional |
Source: The MLS
MLS Number: 25574321
APN: 2258-016-045
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