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5015 Balboa Blvd 408, Encino, CA 91316

List Price: $1,095,000On Market FlagOn market
Aug 15, 20251,540 sqft2 beds2 baths
Listed by: Andrew Manning
License #: 00941825
Phone #: 818-380-2147
Berkshire Hathaway HomeServices California Properties
Source:
CRMLS Logo
MLS #: 25574321

Property Description

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,166

TurboHome Estimated Value

$1,019,700

$662 sqft

High Valuation
$1,070,685
$695/sqft
Normal Valuation
$1,019,700
$662/sqft
Low Valuation
$968,715
$629/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$662/sqft$1,019,700

Neighborhood: Encino

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Comparative Value

$711K

$760K

$885K

$1.09M

$1.21M

$1.34M

5229 Balboa Blvd 15, Encino, CA 91316

Sale Price: $711,000

Selected Comparable

4949 Genesta Ave 208, Encino, CA 91316

Sale Price: $760,000

Selected Comparable

4949 Genesta Ave 116, Encino, CA 91316

Sale Price: $885,000

Selected Comparable

5015 Balboa Blvd 408, Encino, CA 91316

List Price: $1,095,000

Subject Property

16839 Halper St, Encino, CA 91436

Sale Price: $1,210,000

Selected Comparable

16841 McCormick St, Encino, CA 91436

Sale Price: $1,339,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5015 Balboa Blvd 408, Encino, CA 91316

5015 Balboa Blvd 408, Encino, CA 91316

List: $1,095,000

Listed: 8/15/2025

Area:1,540 sqft
Price/sqft:$711
Beds:2
Baths:2
Year Built:
Lot Size:34,042

Comparable Properties

COMPARABLE
Choose comps
4949 Genesta Ave 208, Encino, CA 91316

4949 Genesta Ave 208, Encino, CA 91316

Sale: $760,000

7/7/20250.16 mi

Area:1,763 sqft
Price/sqft:$431
Beds:2
Baths:2
Year Built:
Weight:23.3%
4949 Genesta Ave 116, Encino, CA 91316

4949 Genesta Ave 116, Encino, CA 91316

Sale: $885,000

4/15/20250.16 mi

Area:1,883 sqft
Price/sqft:$470
Beds:2
Baths:2
Year Built:
Weight:20.9%
5229 Balboa Blvd 15, Encino, CA 91316

5229 Balboa Blvd 15, Encino, CA 91316

Sale: $711,000

12/13/20240.26 mi

Area:1,360 sqft
Price/sqft:$523
Beds:2
Baths:3
Year Built:
Weight:18.8%
16841 McCormick St, Encino, CA 91436

16841 McCormick St, Encino, CA 91436

Sale: $1,339,000

12/26/20240.27 mi

Area:1,470 sqft
Price/sqft:$911
Beds:3
Baths:2
Year Built:
Weight:18.7%
16839 Halper St, Encino, CA 91436

16839 Halper St, Encino, CA 91436

Sale: $1,210,000

7/18/20250.32 mi

Area:1,254 sqft
Price/sqft:$965
Beds:3
Baths:2
Year Built:
Weight:18.3%

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