Seller's Agent in 2025
Andrew Manning
Berkshire Hathaway HomeServices California Properties
(818) 380-2147
46 in this area
167 Total Sales
5015 Balboa Blvd Unit 408 Encino, CA 91316
2
Beds
2
Baths
1,540
Sq Ft
$832/mo
HOA Fee
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
As of October 2025Welcome 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.
Last Agent to Sell the Property
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2025
Closed on
Sep 19, 2025
Sold by
Warner Ashley Rebecca
Bought by
Levin Penny Susan and Sherman Dennis Allen
Seller's Agent
Andrew Manning
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Andrew Dinsky
Equity Union
List Price
$1,095,000
Sold Price
$1,060,000
Premium/Discount to List
-$35,000
-3.2%
Views
11
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.00%
Purchase Details
Listed on
Oct 13, 2022
Closed on
Oct 27, 2022
Sold by
Neidorf Family Survivors Trust
Bought by
Warner Ashley Rebecca
Seller's Agent
Jeffrey McMahon
Coldwell Banker Realty
Buyer's Agent
Andrew Manning
Berkshire Hathaway HomeServices California Properties
List Price
$995,000
Sold Price
$985,000
Premium/Discount to List
-$10,000
-1.01%
Views
11
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%
Original Mortgage
$585,000
Interest Rate
6.94%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 15, 2019
Closed on
Apr 12, 2019
Sold by
City Real Estate Development Llc
Bought by
The Neidorf Family Survivors Trust
Seller's Agent
Peter Miller
Equity Union
List Price
$950,000
Sold Price
$950,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.01%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,060,000 | California Title Company | |
| Grant Deed | $985,000 | Equity Title | |
| Grant Deed | $950,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $585,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/22/2025 10/22/25 | Sold | $1,060,000 | -3.2% | $688 / Sq Ft | |
| 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 |
Source: The MLS
Tax History Compared to Growth
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 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Manning
-
Andrew Dinsky
Buyer's Agent in 2025
Andrew Dinsky
Equity Union
(310) 729-3393
27 in this area
266 Total Sales
-
Jeffrey McMahon
Seller's Agent in 2022
Jeffrey McMahon
Coldwell Banker Realty
(310) 927-2470
4 in this area
42 Total Sales
-
Matt Fonda
Seller Co-Listing Agent in 2022
Matt Fonda
Coldwell Banker Realty
(818) 216-1545
5 in this area
46 Total Sales
-
Peter Miller
Seller's Agent in 2019
Peter Miller
Equity Union
(818) 489-1902
3 in this area
48 Total Sales
Map
Source: The MLS
MLS Number: 25574321
APN: 2258-016-045
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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