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$1,060,000
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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.
Full Property Details
Full Property Details for 5015 Balboa Blvd #408
General
- Sold For: $1,060,000
- Status: Closed
- Type: Condo
- Source: CLAW
- MLS ID: 25574321
- Added to Site: 155 day(s) ago
Interior
- Rooms/Areas: Walk-In Closet, Dining Area, Living Room, Primary Bedroom, Breakfast Bar
- Eating Areas: Breakfast Counter/Bar, Dining Area
- Cooking Appliances: Microwave, Range, Oven
- Furnishings: Unfurnished
- Flooring: Carpet, Other, Mixed
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Shower and Tub
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside, Laundry Closet Stacked
Additional Information
- Shared Amenities: Assoc Barbecue, Controlled Access, Exercise Room, Meeting Room, Outdoor Cooking Area
- Pool Description: None
- Spa Description: None
- Security/Safety: Automatic Gate, Card/Code Access
Parking
- Covered Spaces: 2
- Garage Description: Assigned, Parking for Guests, Subterranean
Location
- Area: Encino
- County: Los Angeles
- Complex: The Balboa Villas/Golden Estate Management
- Cross Streets: Between Otsego St and Addison St on Balboa Blvd.
- Driving Directions: Between Otsego St. and Addison St. on Balboa Blvd.
Community
- Pet Restrictions: Call
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Utilities
- Water: District
Structural Information
- Architectural Style: Traditional
- Structure Type: Condominium
- Common Walls: Attached
- Entry Floor Number: 4
- Stories/Levels: 0
- Square Feet: 1,540
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 2016
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 42
Lot Features
- Property View: Mountains, Valley, City Lights
- Lot Size (Acres): 0.7847
- Lot Size: 34181
- Lot Size Source: Vendor Enhanced
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $711.04
- Other Fee Freq.: Monthly
- Assessment Year: 2016
Disclosures and Reports
- Disclosures/Reports: CC and R, Homeowners Association
- APN: 2258-016-045
Listed by Berkshire Hathaway HomeServices California Propert, Andrew Manning
Sold by Equity Union, Andrew Dinsky
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Schools
Schools serving 5015 Balboa Blvd #408
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Encino Charter Elementary School 16941 Addison St., Los Angeles, CA 91316 | K-5 | 0 mi |
Gaspar De Portola Middle School 18720 Linnet St., Los Angeles, CA 91356 | 6-8 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5015 Balboa Blvd #408
Date
Details
Price
Change
Source
10/22/2025
Sold
$1,060,000
-3.2%
MLS
8/15/2025
Listed
$1,095,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5015 Balboa Blvd #408, Encino, CA 91316 (MLS# 25574321) is a Condo property that was sold at $1,060,000 on October 22, 2025. Want to learn more about 5015 Balboa Blvd #408? Do you have questions about finding other Condo real estate for sale in Encino? You can browse all Encino real estate or contact a Coldwell Banker agent to request more information.

