
Encino, California 91316
This 3-bedroom condominium presents a High-Potential Investment Opportunity with a List Price of $399,993—positioned well below the $468,401 Fair Market Value by 14%. This valuation gap offers $68,408 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the unit is move-in ready with a new HVAC system and updated kitchen appliances. Residents enjoy a gated community with a pool, spa, and sauna. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5412 Lindley Avenue 108 Subject | $399,993* List Price | 3 | 2 | 1,149 | $383 | - |
A 5334 Lindley Avenue 319 Sold | $499,000 | 2 | 2 | 1,205 | $414 | 0.1 mi |
B 17711 Margate Street 103 Sold | $474,900 | 2 | 2 | 1,149 | $413 | 0.4 mi |
C 5414 Newcastle 8 Sold | $375,000 | 2 | 2 | 901 | $416 | 0.2 mi |
D 5460 White Oak Avenue E324 Sold | $280,000 | 2 | 2 | 1,009 | $278 | 0.5 mi |
E 5429 Newcastle Sold | $425,000 | 2 | 2 | 1,157 | $367 | 0.1 mi |
F 5325 Newcastle Avenue 207 Sold | $403,000 | 2 | 2 | 940 | $429 | 0.1 mi |
G 5429 Newcastle Sold | $400,000 | 2 | 2 | 1,013 | $395 | 0.1 mi |
H 5400 Newcastle 12 Sold | $349,000 | 2 | 2 | 903 | $386 | 0.2 mi |
I 5400 Lindley Avenue 101 Active | $449,950 List Price | 2 | 2 | 1,122 | $401 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building dates to 1971, the unit has undergone a comprehensive recent renovation (under 5 years) including a brand new HVAC system, new kitchen appliances, and new flooring. The interior is in mint, move-in-ready condition with updated fixtures and recessed lighting, requiring no immediate maintenance.
A three-bedroom residence at this price point in the prime Encino market is rare, offering significant value for both first-time homeowners and investors.
The property is move-in ready with a brand-new A/C and heating system, updated kitchen appliances, and stylish new flooring and recessed lighting throughout.
The gated community provides high-end lifestyle features including a pool, spa, sauna, clubhouse, and two assigned parking spaces with additional storage.
The lack of in-unit laundry hookups requires residents to use the community laundry room, which may be a convenience drawback for some buyers.
Built in 1971, the complex may have older infrastructure or architectural limitations compared to newer developments in the San Fernando Valley.
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 |
|---|---|---|
| Beds | 3.0 | 1.9 |
| Baths | 2.0 | 1.9 |
| Square foot | 1,149 | 1,177.536 |
| Lot Size | 56,048 | 200,334.571 |
| Price | $400.0K | $481.6K |
| Price per sq ft | $348 | $387 |
| Built year | 1971 | 1972 |
| HOA | $492.0 | $730 |
| Days on market | 50 | 82 |
Jul 21, 2026
$399,993
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