Investment opportunity in the amazing Encino Village neighborhood! This 2bed/1bath home is located on a large lot with plenty of room to develop, fix and flip for a profit, purchase and hold in your rental portfolio, or remodel and move-in! The property needs remodeling and repairs, including damage due to past tenant smoking cigarettes in the home. The house is ready to remodel and create equity in a great area of Encino! Call your Realtor to schedule a tour and make an offer today!
Sold for $850,000 on 08/23/24
Listing Provided by:
Jessica Nieto DRE #01923684 562-714-2176,
eXp Realty of California Inc,
Brian Brooke DRE #01385336 619-507-3353,
eXp Realty of California Inc
Bought with: Keller Williams Coastal Properties
$850,000
5825 Balcom Ave, Encino, CA 91316
2beds
781sqft
Single Family Residence
Built in 1949
5,501 Square Feet Lot
$1,036,600 Zestimate®
$1,088/sqft
$3,186 Estimated rent
Home value
$1,036,600
$912,000 - $1.19M
$3,186/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 06:36pm
Listing Provided by:
Jessica Nieto DRE #01923684 562-714-2176,
eXp Realty of California Inc,
Brian Brooke DRE #01385336 619-507-3353,
eXp Realty of California Inc
Bought with:
Esti Klaiman, DRE #02063479
Keller Williams Coastal Properties
Source: CRMLS,MLS#: OC24148496
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Wall Furnace
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Range, Microwave
- Laundry: See Remarks
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 781 sqft
Property
Parking
- Total spaces: 1
- Parking features: Door-Single, Garage
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 5,501 sqft
- Features: Back Yard
Details
- Parcel number: 2159024016
- Zoning: LAR1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Sidewalks
Location
- Region: Encino
Other
Other facts
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 8/23/2024 | Sold | $850,000+6.9%$1,088/sqft |
Source:  CRMLS #OC24148496 | ||
| 8/1/2024 | Pending sale | $795,000$1,018/sqft |
Source: CRMLS #OC24148496 | ||
| 7/24/2024 | Listed for sale | $795,000+159.8%$1,018/sqft |
Source: CRMLS #OC24148496 | ||
| 7/3/2024 | Listing removed | -- |
Source: Zillow Rentals | ||
| 6/27/2024 | Price change | $3,290-1.3%$4/sqft |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,330 +33.5% | $850,000 +35.8% |
| 2024 | $7,738 +2% | $625,802 +2% |
| 2023 | $7,589 +4.9% | $613,532 +2% |
Find assessor info on the county website
Neighborhood: Encino
Nearby schools
GreatSchools rating
- 6/10Emelita Academy Charter SchoolGrades: K-5Distance: 0.1 mi
- 8/10Gaspar De Portola Middle SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Reseda Senior High SchoolGrades: 9-12Distance: 1.1 mi
Get a cash offer in 3 minutes
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Estimated market value
$1,036,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,036,600