$496,000
SOLD JUL 16, 2019

5151 Balboa Blvd Unit 303 Encino, CA 91316

2 Beds
2 Baths
956 Sq Ft
$325/mo HOA Fee

Recently Sold

$519 Per Sq Ft

6% Above List Price

7 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • Clubhouse
  • Gaspar De Portola Middle School Rated A-
  • 23,071 Sq Ft lot
  • Sauna

About This Home

As of July 2025

Bordering the multi-million dollar neighborhood of Amestoy Estates we present this bright & remarkable top floor condo with impressive 14 foot ceilings! This beautiful home boasts floor-to-ceiling windows that offer an abundance of natural light. The well laid out floor plan features two spacious master bedrooms with en-suite bathrooms on opposite ends of the home for ultimate privacy, separated by a large open concept living/dining room and open kitchen. Fresh paint and new laminate wood flooring throughout. Enjoy excellent amenities such as 24 hour secured access, two side by side parking spaces, fitness & recreation room, sauna, hot tub, bbq area, guest parking, and an impressive 76 Walk Score: a short walk to Ventura Blvd's many dining and shopping options, multiple nearby parks, and 1 block away from the highly rated Encino Charter Elementary! Also easy access to the 101 and 405 freeways. A truly fantastic place to call home in a very central and desirable location!

Last Agent to Sell the Property

Sam Musallam

Elite Home Group License #01424839 Listed on: 06/05/2019

Elite Home Group

Last Buyer's Agent

Sam Musallam

Elite Home Group License #01424839 Listed on: 06/05/2019

Elite Home Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,738

Year Built

  • Built in 1988

HOA Fees

  • $325 Monthly HOA Fees

Interior Spaces

  • 956 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room
  • Property Views

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 2 Covered Spaces
  • Gated Parking
  • Guest Parking
  • Assigned Parking

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2258-021-101

Community Details

Overview

  • 28 Units

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Recreation Room
  • Elevator

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,738

Year Built

Built in 1988

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Advertising Remarks: Bordering the multi-million dollar neighborhood of Amestoy Estates we present this bright & remarkable top floor condo with impressive 14 foot ceilings! This beautiful home boasts floor-to-ceiling windows that offer an abundance of natural light. The well laid out floor plan features two spacious master bedrooms with en-suite bathrooms on opposite ends of the home for ultimate privacy, separated by a large open concept living/dining room and open kitchen. Fresh paint and new laminate wood flooring throughout. Enjoy excellent amenities such as 24 hour secured access, two side by side parking spaces, fitness & recreation room, hot tub, bbq area, guest parking, and an impressive 76 Walk Score: a short walk to Ventura Blvd's many dining and shopping options, multiple nearby parks, and 1 block away from the highly rated Encino Charter Elementary! Also easy access to the 101 and 405 freeways. A truly fantastic place to call home in a very central and desirable location!
  • Complex Name: Balboa Place Homeowners Association
  • Entry Floor: 3
  • Living Area: 956
  • Planned Urban Dev: 0
  • Unit Floor In Building: 3
  • Year Built: 1988
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Ceramic Tile, Laminate
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 491.62

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Gated Underground
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Community, Fire and Smoke Detection System, Gated, Smoke Detector

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Clubhouse, Controlled Access, Elevator, Exercise Room, Gated Parking, Guest Parking, Rec Multipurpose Rm, Sauna, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 325.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2258-021-101
  • Geocode Override: No
  • Lot Size Area: 23071

Multi Family

  • Number Of Units: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2025
Closed on
Jun 24, 2025
Sold by
Abney Devin
Bought by
Yvette J Youssefia Living Trust and Youssefia
Seller's Agent
Bruce Barz
Compass
Buyer's Agent
Aaron Gelb
Keller Williams Los Angeles
List Price
$624,999
Sold Price
$650,000
Premium/Discount to List
$25,001
4%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-48.89%
Original Mortgage
$250,000
Outstanding Balance
$250,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$370,163

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 11, 2022
Sold by
Gemma Vaughan
Bought by
Abney Devin
Seller's Agent
Cesar Melendrez
Jason Mitchell Real Estate Ca
Buyer's Agent
Helen Ayazi
Pinnacle Estate Properties, Inc.
List Price
$605,000
Sold Price
$621,000
Premium/Discount to List
$16,000
2.64%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$589,950
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jun 24, 2019
Sold by
Mohran Ryan
Bought by
Vaughan Gemma
Seller's Agent
Sam Musallam
Elite Home Group
Buyer's Agent
Sam Musallam
Elite Home Group
List Price
$469,990
Sold Price
$496,000
Premium/Discount to List
$26,010
5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$150,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2010
Sold by
Wells Fargo Bank N A
Bought by
Mohran Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2010
Sold by
Pitillo Kathryn Helen
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 26, 2005
Sold by
Pitillo James A
Bought by
Pitillo Kathryn Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2005
Sold by
Asi Reverse Exchange Co Inc
Bought by
Pitillo Kathryn Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2005
Sold by
Barsoumian Ara and Barsoumian Hasmig
Bought by
1031 Reverse Exchange Co Inc

Purchase Details

Closed on
Jan 8, 1999
Sold by
Kessler Iliana
Bought by
Kessler Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
6.79%

Purchase Details

Closed on
Dec 30, 1998
Sold by
Kessler Kenneth J
Bought by
Barsoumian Ara and Barsoumian Hasmig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
6.79%
Source: Public Records

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Range of Values:

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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 $650,000 Ticor Title
Grant Deed $621,000 Landwood Title
Grant Deed $496,000 Chicago Title
Grant Deed $250,000 Lawyers Title
Trustee Deed $335,400 None Available
Interfamily Deed Transfer -- Chicago Title
Grant Deed $429,000 --
Grant Deed -- --
Interfamily Deed Transfer -- --
Gift Deed -- Southland Title
Individual Deed $141,000 Southland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $589,950 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $379,000 Purchase Money Mortgage
Previous Owner $105,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Sold $650,000 +4.0% $680 / Sq Ft
06/16/2025 06/16/25 Pending -- -- --
06/11/2025 06/11/25 For Sale $624,999 +0.6% $654 / Sq Ft
08/23/2022 08/23/22 Sold $621,000 +2.6% $650 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $605,000 +22.0% $633 / Sq Ft
07/16/2019 07/16/19 Sold $496,000 +5.5% $519 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $469,990 -- $492 / Sq Ft
Source: The MLS

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 $7,738 $646,088 $424,483 $221,605
2024 $7,738 $633,420 $416,160 $217,260
2023 $7,587 $621,000 $408,000 $213,000
2022 $6,091 $511,158 $153,553 $357,605
2021 $6,016 $501,137 $150,543 $350,594
2019 $3,495 $287,119 $111,287 $175,832
2018 $3,481 $281,490 $109,105 $172,385
2016 $3,321 $270,561 $104,869 $165,692
2015 $3,273 $266,498 $103,294 $163,204
2014 $3,289 $261,279 $101,271 $160,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-474274

The MLS

APN: 2258-021-101