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5400 Lindley Avenue 221, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

5400 Lindley Avenue 221, Encino, California 91316 home-pic-0
ACTIVE$519,000
5400 Lindley Avenue 221, Encino, California 91316
2Beds
2Baths
1,233Sqft
55,277Lot
Year Built
1970
Close
-
List price
$519K
Original List price
$539K
Price/Sqft
$421
HOA
$485
Days on market
-
Sold On
-
MLS number
SR25165612
Home ConditionFair
Features
Good View: None
Deck
Pool
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $519.0K(57th), sqft - 1233(59th), beds - 2(50th), baths - 2(50th).

Welcome to 5400 Lindley Ave, Unit 221, Nestled in the Highly Desired Encino area. It has 2 Bedrooms and 2 Baths and is 1,233 square feet. This Condominium has an Open concept design encompassing the dining area & kitchen. Both Bedrooms offer spacious retreats, the Master Suite offers ample closet space and an exclusive in Suite Bath. Enjoy your beautiful mornings and evenings on your own Private Balcony overlooking the sparkling pool. Why would you rent, when you can buy & own this beautiful Condominium and build Equity for your future. Conveniently located within a short distance from Ventura Blvd. where all the Dining, Shopping & Entertainment are available at your Disposal.

Price History

Date
Event
Price
08/15/25
Price Change
$519,000
07/23/25
Listing
$539,000
Condition Rating
Fair
Built in 1970, this condominium is 54 years old. While some cosmetic updates like laminate flooring, hexagonal kitchen tiles, and a farmhouse sink have been added, the property retains many original or dated features such as popcorn ceilings, older bathroom tiling, and specific, bold paint choices that suggest piecemeal updates rather than a comprehensive renovation. The kitchen and bathrooms are functional but stylistically outdated, requiring minor updates to meet current aesthetic standards. The property is well-maintained and livable, but shows its age and would benefit from more significant modernization.
Pros & Cons

Pros

Prime Location: Nestled in the highly desired Encino area, offering convenient access to Ventura Blvd for dining, shopping, and entertainment.
Spacious Layout: Features 1,233 square feet with 2 bedrooms and 2 baths, including an open concept design and a master suite with ample closet space and an en-suite bath.
Private Balcony with Pool View: Includes a private balcony overlooking the sparkling pool, providing a desirable outdoor amenity.
Investment Opportunity: Presented as an opportunity to buy and build equity, appealing to those looking for long-term financial benefits over renting.
Recent Price Adjustment: The list price has been reduced from $539,000 to $519,000, potentially offering better value or indicating seller motivation.

Cons

Building Age: Built in 1970, the property is over 50 years old, which may imply older building systems or the need for significant interior updates if not already done.
High Association Fee: A monthly association fee of $485 adds a substantial recurring cost to homeownership, which could impact affordability for some buyers.
Lack of Explicit Interior Renovations: While an open concept is mentioned, the description does not explicitly detail recent interior upgrades (e.g., remodeled kitchen, bathrooms, flooring), suggesting potential for dated finishes.

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