tomo logo

$625,000

Beds
3
Baths
3.0
sq ft
1,415

5320 Zelzah Ave Unit 316, Encino, CA 91316

5320 Zelzah Ave Unit 316

Encino, CA 91316

  • 2 days on market
Welcome to Encino, where city convenience meets suburban serenity. This stunning, move-in-ready 3-bedroom, 3-bath condo offers a perfect blend of modern design and comfort, boasting two spacious master suites, brand-new flooring, an open floor plan, and updated lighting. Located on the third floor for added privacy, this home provides easy access to the 101 Freeway and Ventura Blvd. With low HOA fees, this condo is a fantastic value in a prime location. Amenities include a relaxing on-site pool, gated parking with two spaces, additional storage, and convenient on-site laundry. Within a quarter mile, you'll find grocery stores, gyms, gas stations, and, within two miles, over 20 restaurants. A hospital is located less than a mile away for added convenience. Families will appreciate access to highly rated schools, including Nestle Avenue Charter School (K-5), Gaspar de Portola Middle School (6-8), and Sherman Oaks Center for Enriched Studies (4-12). Embrace Encino’s vibrant community and make this condo your new haven, where style, convenience, and community come together to offer an exceptional living experience.

Details

Property type

Condominium

Est. home value

$557,170

Lot size

1.0012 acres

Price per sq ft

$442

Year built

1966

Monthly HOA fee

$342.33

Price History

11/12/2024
CRMLS

CRMLS #SR24232269

Listed
$625,000
-3.7%
11/01/2024
CRMLS

CRMLS #ND24194357

Removed
$649,000
09/20/2024
CRMLS

CRMLS #ND24194357

Listed
$649,000
-3.85%

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Curbs, Street Lights, Suburban, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

57

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$522,342
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$52,658
Cash to seller
$522,342

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Americas Wholesale Lndr

Loan start date

January 2001

Original loan amount

$124,800

Est. remaining balance

$52,658

Interest rate

7.65%

Loan type

Not Provided, 30 year

Seller

Shifteh Menalagha

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/14/2024 at 8:20 AM

Listing updated: 11/13/2024 at 6:25 AM

Listed by: Cade Cashman, Equity Union Phone #: (818) 989-2000

MLS: CRMLS #SR24232269

CRMLS logo

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