
Encino, California 91316
This Rare Three-Bedroom Condominium is a Prime Investment Opportunity, with a List Price of $449,944—positioned well below the $472,280 Fair Market Value by 4%. This valuation gap offers $22,336 in Instant Equity. Boasting a Condition Rating of 3, the move-in-ready interior features a brand-new HVAC system, new kitchen appliances, and a private patio. Located in the Los Angeles Unified district near Ventura Boulevard, the gated community includes a pool and sauna. This is an ideal find for first-time buyers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5412 Lindley Avenue 108 Subject | $449,944* List Price | 3 | 2 | 1,149 | $411 | - |
A 5325 Newcastle Avenue 319 Sold | $485,000 | 2 | 2 | 1,166 | $416 | 0.1 mi |
B 5400 Newcastle Avenue 56 Sold | $405,000 | 2 | 2 | 1,111 | $365 | 0.2 mi |
C 5429 Newcastle Avenue 309 Sold | $410,000 | 2 | 2 | 1,068 | $384 | 0.1 mi |
D 5328 Newcastle Avenue 58 Sold | $475,000 | 2 | 2 | 1,029 | $462 | 0.2 mi |
E 17914 Magnolia Boulevard 127 Sold | $485,000 | 2 | 2 | 1,157 | $419 | 0.3 mi |
F 5447 Zelzah Avenue 110 Sold | $450,000 | 2 | 3 | 1,285 | $350 | 0.2 mi |
G 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 move-in ready.
The property is move-in ready and features significant recent updates that elevate it above a 'fair' rating despite its 1971 build date. Key improvements include a brand-new HVAC system, new stainless steel kitchen appliances (oven, dishwasher, refrigerator, and hood), and new laminate flooring in the primary bedroom. While some elements like the kitchen's fluorescent ceiling panels and bathroom cabinetry maintain a more traditional style, the overall interior is well-maintained with updated fixtures, recessed lighting, and fresh flooring throughout.
Securing a three-bedroom residence at this price point in a prime Encino location is rare, offering significant upside for first-time buyers and investors.
The unit is move-in ready featuring a brand-new HVAC system, updated kitchen appliances, and modern flooring, minimizing immediate capital expenditures for the buyer.
The secured gated complex offers a robust amenity package including a pool, spa, sauna, and clubhouse, plus the added value of two assigned parking spaces.
The lack of in-unit laundry hookups requires the use of a community laundry room, which may be a convenience drawback for modern homeowners.
Built in 1971, the property may lack the energy efficiency and contemporary architectural standards found in newer condominium developments.
Wow, rarely does a 3 bedroom condo at this price point come along! This stunning and move-in-ready 1,149 square foot residence offers 3 bedrooms and 2 bathrooms in a prime Encino location, making it an ideal opportunity for first-time buyers or savvy investors. Step through a formal entryway into a bright and stylish interior featuring a spacious living room, formal dining area, and beautiful Pergo flooring. The well-appointed kitchen has been thoughtfully updated with a brand new electric oven, new dishwasher, new range hood, and new refrigerator, combining functionality with modern appeal. Additional upgrades include a new A/C and heating system, new laminate flooring in the primary bedroom, new sliding mirror closet doors, recessed lighting, and updated fixtures throughout. The spacious primary suite includes an en-suite bathroom and generous closet space, while two additional bedrooms provide flexibility for guests, a home office, or growing needs. The unit is conveniently located near the elevator and community laundry room, adding to everyday ease. Set within a vibrant, secured gated community, residents enjoy a wide range of amenities including a sparkling pool, spa with jacuzzi and sauna, clubhouse with kitchen and party room featuring a pool table, barbecue and picnic areas. The complex also offers two elevators and two assigned parking spaces with additional storage cabinets. Located just moments from Ventura Boulevard, you’ll enjoy easy access to trendy cafes, shopping, restaurants, and major freeways. This bright and stylish condo truly delivers comfort, convenience, and value in one of the San Fernando Valley’s most sought-after neighborhoods. Don’t miss the opportunity to make this exceptional condo your new home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 90% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,149 | 1,037 | 61% |
| Lot Size | 56,048 | 60,967 | 33% |
| Price | $449.9K | $433.0K | 53% |
| Price per sq ft | $392 | $376 | 57% |
| Built year | 1971 | 1971 | 50% |
| HOA | $492.0 | $650 | 16% |
| Days on market | 7 | 188 | 2% |
Apr 15, 2026
$449,944
Initial Listing
Nov 20, 2015
$300,000
Public Record
Jun 5, 2008
$280,000
Public Record
May 26, 2006
$390,000
Public Record
Oct 31, 2002
$197,000
Public Record