Before & After: 5229 Balboa Boulevard #42, Encino

Before & After · Dated Townhome to Turnkey

5229 Balboa Boulevard, 42

Encino, CA 91316

Bought · 2020-07
$525,000
Sold · 2020-12
$660,000
Gross Lift
+$135,000 · 5 mo

A 1970s-original Encino townhome — dark wood kitchen, tired finishes — bought right in July 2020 at $525,000 with Gary on the buyer side. The refresh touched every room: white quartz kitchen, updated baths, new flooring and paint. Five months later it resold for $660,000, a 26% gross premium, closing before year-end. The same playbook that works on hillside estates works at the entry price point too.

BEFORE
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AFTER
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The Numbers

Purchased July 2020 for $525,000 (buyer side). 3 bd · 3 ba · 1,722 sq ft. Sold December 2020 for $660,000 — 97% of the $679,900 list, 34 days on market. Gross lift +$135,000 in 5 months, before renovation costs.

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