
Encino, California 91316
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $389,000—positioned well above the $350,126 Fair Market Value by -11%. While priced above the current estimate, the property offers a Condition Rating of 3, featuring a remodeled granite kitchen and central AC. Rare amenities, including two assigned parking spaces and a private balcony, provide significant lifestyle value. Located in a gated community with resort-style facilities, this residence is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home in Encino.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5412 Lindley Avenue 322 Subject | $389,000* List Price | 1 | 1 | 795 | $435 | - |
A 5354 Lindley 310 Sold | $428,000 | 1 | 1 | 908 | $471 | 0.0 mi |
B 5328 Newcastle Avenue 61 Sold | $375,000 | 1 | 1 | 833 | $450 | 0.2 mi |
C 5325 Newcastle Avenue 207 Sold | $403,000 | 2 | 2 | 940 | $429 | 0.1 mi |
D 5325 Newcastle Avenue 342 Sold | $350,000 | 2 | 1 | 809 | $433 | 0.1 mi |
E 5414 Newcastle 8 Sold | $375,000 | 2 | 2 | 901 | $416 | 0.2 mi |
F 5328 Newcastle 18 Sold | $350,000 | 1 | 1 | 828 | $423 | 0.2 mi |
G 5403 Newcastle Avenue 69 Sold | $413,500 | 2 | 2 | 831 | $498 | 0.1 mi |
H 5400 Newcastle 12 Sold | $349,000 | 2 | 2 | 903 | $386 | 0.2 mi |
I 5334 Lindley Avenue 126 Active | $389,000 List Price | 1 | 1 | 823 | $473 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The condo features a beautifully remodeled kitchen with modern dark cabinetry, granite countertops, and stainless steel appliances. The unit is well-maintained and move-in ready with updated flooring and central AC, though the 1971 building age is evident in the popcorn ceilings and common areas.
The property includes two assigned parking spaces, which is exceptionally rare for a one-bedroom condominium, along with a separate private storage unit.
Priced under $400,000 in the desirable Encino market, this top-floor unit is beautifully remodeled, turnkey, and features central AC and a private balcony.
Situated in a secure gated community, residents have access to extensive amenities including a pool, spa, jacuzzi, sauna, recreation room, and a full-kitchen clubhouse.
The monthly HOA fee of $492 is relatively high for a one-bedroom property, which increases the ongoing cost of ownership.
Built in 1971, the building may require more ongoing maintenance or face potential future community assessments compared to newer developments.
Rare opportunity to own a beautifully remodeled 1 bed / 1 bath residence in LA County under $400,000. Nestled within a gated community, this top floor 795 sq ft home features a fantastic floor plan that truly flows and glows, filled with natural light, a private balcony, and central AC. What truly sets this one apart: two assigned parking spaces (exceptionally rare for a one bedroom), a separate storage unit, and a location steps from the elevator for effortless daily living. The community delivers resort-style amenities including a pool, spa, jacuzzi, sauna, a recreation room, and a clubhouse with a full kitchen, ideal for entertaining and hosting, plus BBQ and picnic areas perfect for outdoor gatherings. Turnkey, thoughtfully designed, and priced to move. Opportunities like this don't last in this market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 795 | 1,517 |
| Lot Size | 56,048 | 156,600 |
| Price | $389.0K | $494.0K |
| Price per sq ft | $489 | $391 |
| Built year | 1971 | 1973 |
| HOA | $492.0 | $709 |
| Days on market | 36 | 80 |
Jun 16, 2026
$389,000
Initial Listing
Aug 31, 2005
$120,000
Public Record