ActiveResidential · sale

5310 Zelzah Avenue 303

Encino, CA 91316

$799,999

  • 2 beds
  • 2 baths
  • 1,563 sq ft
  • 1 acres
  • Built 1975

Listed by Coldwell Banker Envision · MLS #26829815

Property photos are not available.

A FEW THINGS TO NOTICE

What stands out.

Living spaces

This quiet, cornered, end unit is the perfect home to feel the sense of community in Encino as well as your own secluded unit, with only one shared wall being in the living room.

Details worth a look

The open living room leads into a large sliding glass door balcony covered with a view of the pool and Mountain Valley View.

Year built

Built in 1975.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to your Dream Penthouse Suite in the Heart of Encino. This unit offers Top Floor, End Unit, gives buyers the opportunity to create their Dream Home with all of their unique must haves because it is not completely upgraded, nor completely remodeled, nor completely refined to its full potential. This unique option is one that provides you with your own clean canvas to create your True Dream Home. It offers an amazing roof top panoramic view of the mountains , the valley, the city lights, and is exceptional for entertaining guests or just relaxing and enjoying the incredible view. This unit is on the top floor and is an end unit that provides the quiet serene feeling of peace and tranquility. The unit needs some cosmetic repairs, fixing, and some TLC. The unit comes with two side by side parking. The complex offers an extra large elevator, heated pool, jacuzzi, tennis court, and a beautiful pond with a flowing waterfall for all to enjoy. Unit is walking distance to Ventura Blvd and is conveniently located to the well known "Encino Plaza". This quiet, cornered, end unit is the perfect home to feel the sense of community in Encino as well as your own secluded unit, with only one shared wall being in the living room. It has natural sunlight throughout home without getting the heat. The open living room leads into a large sliding glass door balcony covered with a view of the pool and Mountain Valley View. There are two parking spots in the gated parking and even more storage behind the two spots. There is a gorgeous and regularly maintained pool area, recreational room for parties, lounging and/or poker nights, and a spa room with jacuzzi and sauna. The building is secure with special keys to enter certain doors, locked mail room, and equipped with security cameras. It's the perfect area for leisure walking and convenience for grocery shopping at Ralph's, CVS, Gelsons, Trader Joe's and even Starbucks on Ventura Blvd. It is also conveniently close to the 101 north and south freeways. This cornered unit is the quintessential location to come home to and enjoy all the tranquility it has to offer. Sellers are Highly Motivated !!!
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THE NEIGHBORHOOD

Explore the location.

5310 Zelzah Avenue 303, Encino, CA 91316

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1975
Full baths
2
Half baths
0
Garage spaces
2
Heating
Central
Fencing
Block,StuccoWall
Accessibility
Parking,AccessibleDoors,AccessibleEntrance,AccessibleHallways
Pool
No
Pool features
Heated,InGround,Permits,Association
Spa
Yes
Zoning
LAR3
Parcel
2162011106
HOA amenities
MaintenanceGrounds,HotWater,Pool,PetRestrictions,SpaHotTub,Security,TennisCourts,Trash,Water
HOA fee frequency
Monthly
HOA fee
$525.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$3,333.33
Cap rate—

Annual operating income: —

HOA: Includes $525.00 per month in HOA dues, converted from the $525.00 monthly fee reported by the listing source.

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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5310 Zelzah Avenue 303, Encino, CA 91316 · MLS #26829815

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Listing information

MLS #26829815 · California Regional MLS

Listing brokerage: Coldwell Banker Envision
Listing agent: Lori Morrissey

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.