
Encino, California 91316
This Prime Investment Opportunity is a Move-in Ready Condominium listed at $449,950, positioned well below the $460,847 Fair Market Value by 2%. This valuation gap offers $10,897 in Instant Equity. Featuring a Mint Condition Rating, the unit boasts a Granite Kitchen, smooth ceilings, and serene Greenery Views. With community amenities including a Pool and Spa and a location near Ventura Boulevard, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, high-privacy residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5400 Lindley Avenue 101 Subject | $449,950* List Price | 2 | 2 | 1,122 | $411 | - |
A 5334 Lindley Avenue 319 Sold | $499,000 | 2 | 2 | 1,205 | $414 | 0.0 mi |
B 5354 Lindley 310 Sold | $428,000 | 1 | 1 | 908 | $471 | 0.0 mi |
C 17711 Margate Street 103 Sold | $474,900 | 2 | 2 | 1,149 | $413 | 0.4 mi |
D 5414 Newcastle 8 Sold | $375,000 | 2 | 2 | 901 | $416 | 0.2 mi |
E 5429 Newcastle Sold | $425,000 | 2 | 2 | 1,157 | $367 | 0.1 mi |
F 5429 Newcastle Sold | $400,000 | 2 | 2 | 1,013 | $395 | 0.1 mi |
G 5325 Newcastle Avenue 207 Sold | $403,000 | 2 | 2 | 940 | $429 | 0.1 mi |
H 5400 Newcastle 12 Sold | $349,000 | 2 | 2 | 903 | $386 | 0.2 mi |
I 5400 Lindley Avenue 221 Active | $499,000 List Price | 2 | 2 | 1,233 | $405 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1970, the property has undergone a comprehensive recent renovation featuring a modern kitchen with custom cabinetry and granite countertops, fully remodeled bathrooms, smooth ceilings, and recessed lighting, placing it in mint, move-in ready condition.
The unit is move-in ready with high-end updates including custom cabinetry, granite countertops, stainless steel appliances, and fully remodeled bathrooms.
As a front-facing corner unit with only one shared wall, the property offers enhanced privacy, abundant natural light, and serene views of lush greenery.
Located within walking distance to Ventura Boulevard, the property includes two parking spaces and an HOA that covers earthquake insurance, providing significant peace of mind.
Built in 1970, the complex may have aging infrastructure or common area aesthetics that do not match the modern interior renovations of the unit.
The monthly association fee of $471.24 represents a significant ongoing carrying cost that may impact the overall affordability for some buyers.
Beautifully renovated Encino condominium—move-in ready and waiting for you. This prime, front-facing corner unit with only one shared wall and two convenient parking spaces offers serene views of lush greenery—not your neighbor’s living room. Smooth ceilings, recessed lighting, and attractive flooring create a warm, welcoming entry. The stunning kitchen features a convenient service entrance, custom cabinetry, distinctive granite countertops, quality stainless-steel appliances (including refrigerator), and an exquisite tile backsplash. A large private balcony invites you to read, relax, or dine surrounded by nature. The primary bedroom is a true retreat, filled with natural light from a large window that frames tranquil exterior views. Mirrored wardrobes plus a walk-in closet provide excellent storage, while the beautifully remodeled en-suite bath boasts a striking walk-in shower. A spacious secondary bedroom and tastefully upgraded second bath complete the interior. At the heart of this well-maintained community, enjoy a refreshing pool and soothing spa. All this and just a short stroll to Ventura Boulevard. HOA includes earthquake insurance. Don’t miss this exceptional opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,122 | 1,517 |
| Lot Size | 55,277 | 156,600 |
| Price | $449.9K | $494.0K |
| Price per sq ft | $401 | $391 |
| Built year | 1970 | 1973 |
| HOA | $471.24 | $709 |
| Days on market | 4 | 80 |
Jul 18, 2026
$449,950
Initial Listing
Oct 17, 1996
$75,000
Public Record