
Encino, California 91316
This 1-bedroom condominium represents a Strong Value Opportunity, listed at a List Price of $309,000—positioned well below the $298,740 Fair Market Value by -3%. While the unit is in Condition Rating 3, it features updated laminate flooring and a private deck, offering a move-in ready space near the vibrant Ventura Boulevard. The inclusion of two assigned parking spaces provides a rare advantage in this high-density area. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an entry-level foothold in Encino.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5412 Lindley Avenue 218 Subject | $309,000* List Price | 1 | 1 | 795 | $376 | - |
A 5325 Newcastle Avenue 342 Sold | $350,000 | 2 | 1 | 809 | $433 | 0.1 mi |
B 5460 White Oak Avenue E125 Sold | $217,500 | 1 | 1 | 683 | $318 | 0.5 mi |
C 5328 Newcastle Avenue 61 Sold | $375,000 | 1 | 1 | 833 | $450 | 0.2 mi |
D 5460 White Oak Avenue G313 Sold | $241,000 | 1 | 2 | 712 | $338 | 0.5 mi |
E 5460 White Oak Sold | $217,000 | 1 | 1 | 683 | $318 | 0.5 mi |
F 5328 Newcastle 18 Sold | $350,000 | 1 | 1 | 828 | $423 | 0.2 mi |
G 5500 Lindley 106 Sold | $290,000 | 1 | 1 | 706 | $411 | 0.1 mi |
H 5414 Newcastle 8 Sold | $375,000 | 2 | 2 | 901 | $416 | 0.2 mi |
I 5412 Lindley Avenue 322 Active | $349,000 List Price | 1 | 1 | 795 | $439 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1971 but shows signs of a partial renovation within the last 10-15 years, including updated laminate flooring and fresh paint. The bathroom appears functional and well-maintained, making the unit move-in ready despite the age of the building.
Priced at $309,000, this property offers an exceptional entry-level opportunity for homeownership or investment in the highly sought-after Encino market.
The inclusion of two assigned parking spaces is a significant and rare advantage for a one-bedroom unit, providing added convenience and value in a high-density area.
Situated just minutes from Ventura Boulevard, the property boasts excellent walkability and proximity to premier dining, shopping, and local amenities.
The monthly association fee of $492 is relatively high for a one-bedroom condominium, which may impact the overall affordability and monthly budget for potential buyers.
Built in 1971, the unit and building may require modern aesthetic updates or infrastructure improvements to meet contemporary standards and buyer expectations.
Opportunity to own a 1-bedroom, 1-bathroom condominium with 2 assigned parking spaces . Located minutes away from Ventura Boulevard's dining and shopping.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.9 |
| Baths | 1.0 | 1.9 |
| Square foot | 795 | 1,177.536 |
| Lot Size | 56,048 | 200,334.571 |
| Price | $309.0K | $481.6K |
| Price per sq ft | $389 | $387 |
| Built year | 1971 | 1972 |
| HOA | $492.0 | $730 |
| Days on market | 12 | 82 |
Aug 28, 2026
$309,000
Initial Listing
Apr 20, 2007
$232,000
Public Record