5412 Lindley Avenue 201, Encino, California 91316, Encino, 91316 - 2 bed, 3 bath

5412 Lindley Avenue 201, Encino, California 91316 home-pic-0
ACTIVE$599,999
5412 Lindley Avenue 201, Encino, California 91316
2Beds
3Baths
1,533Sqft
56,048Lot
Year Built
1971
Close
-
List price
$600K
Original List price
$700K
Price/Sqft
$391
HOA
$492
Days on market
-
Sold On
-
MLS number
SR24112774
Home ConditionGood
Features
Good View: City Lights, Mountain(s), Neighborhood, Panoramic
Deck
Pool
Spa
ViewCity Lights,Mountain(s),Neighborhood,Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $600.0K(71th), sqft - 1533(69th), beds - 2(50th), baths - 3(76th).

Highly Motivated Sellers!!!This spacious condo is located in the “Heart of Encino”. This quiet, cornered, unit is the perfect home to feel the sense of community in Encino as well as your own secluded unit, with only one shared wall being in the living room. It has natural sunlight throughout home without getting the heat. This being one of the largest units in the building, contains engineered hardwood flooring throughout the home, porcelain tile in the kitchen, brand new stainless steel appliances- double door refrigerator with water filter, dishwasher, electric stove and oven, and microwave. The kitchen is also equipped with a deep stainless steel farmhouse sink with garbage disposal. It contains an abundance of cabinet and pantry space, breakfast nook with plantain shutters and dining space to entertain. Crown molding outlines the beautiful, open layout with recessed lighting and smooth ceilings. The wet bar comes with glass shelving and cabinet space. The open living room leads into not one but two large, sliding glass door balconies covered with brand new turf to oversee Lindley Ave. There is a full powder room upon entry, full guest bathroom and the primary bathroom has a walk-in shower and his and her sinks. Both bedrooms have an abundant amount of closet space as well as a spacious linen closet for the essentials. There are two parking spots in the gated parking and even more storage behind the two spots. There is a gorgeous and regularly maintained pool area, recreational room for parties, lounging and/or poker nights, and a spa room with jacuzzi and sauna. The building is secure with special keys to enter certain doors, locked mail room, and equipped with security cameras. It’s the perfect area for leisure walking, or walking with a purpose for groceries at Ralph’s, CVS, Gelsons, Trader Joe’s and even Starbucks on Ventura Blvd. It is also conveniently close to the 101 north and south freeways. This cornered unit is the quintessential location to come home to and enjoy all the tranquility it has to offer. Sellers Motivated !!!

Condition Rating
Good

Despite the building being built in 1971, the unit itself has undergone extensive and recent renovations, making it move-in ready. The kitchen features brand new stainless steel appliances, modern white shaker-style cabinets, a deep farmhouse sink, and porcelain tile flooring, all indicative of a recent update. Bathrooms are also updated with modern vanities, fixtures, and tiling, including a walk-in shower in the primary. The unit boasts engineered hardwood flooring throughout, recessed lighting, smooth ceilings, and crown molding. The primary factor preventing an 'Excellent' score is the building's age and the lack of an explicitly mentioned central air conditioning system, which is a significant consideration in Southern California.
Pros & Cons

Pros

Prime Location & Accessibility: Located in the 'Heart of Encino,' offering walking distance to major grocery stores (Ralph's, CVS, Gelsons, Trader Joe's) and Starbucks on Ventura Blvd, with convenient access to the 101 freeways.
Extensive Interior Upgrades & Features: The unit boasts engineered hardwood flooring, porcelain tile in the kitchen, brand new stainless steel appliances, a deep farmhouse sink, abundant cabinet space, crown molding, recessed lighting, smooth ceilings, and a wet bar.
Generous Community Amenities: Residents have access to a well-maintained pool area, a recreational room for parties, and a spa room featuring a jacuzzi and sauna, enhancing lifestyle and value.
Enhanced Privacy & Security: As a quiet corner unit with only one shared wall, it offers increased privacy. The building provides robust security with special key access, a locked mail room, and security cameras.
Significant Price Reduction & Motivated Sellers: The property has seen a substantial price reduction from $699,999 to $599,999, coupled with highly motivated sellers, presenting a strong buying opportunity.

Cons

Building Age: Built in 1971, the building is over 50 years old, which may lead to potential concerns regarding older common area infrastructure, higher maintenance costs, or future special assessments, despite the unit's interior upgrades.
Absence of Explicit Cooling System: While the description notes 'natural sunlight throughout home without getting the heat,' it does not explicitly mention a central air conditioning system, which is a common expectation and necessity in Southern California's climate.
Monthly HOA Fees: The $492.00 monthly association fee is a notable recurring expense that buyers must factor into their budget, especially considering the age of the building and potential for future increases.

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