Under ContractCondominium

5500 Lindley 106

Encino, CA, 91316

Property location map

(No pictures available yet)

$290,000

MLS: GD26096157

Beds

1

Baths

1

Sq Ft

706

Lot

0.93 ac

Year Built

1979

MLS #

GD26096157

Days on Market

8

Listed

May 3, 2026

Description

Location! Location! Location! Welcome to your new home in the heart of Encino, California! This charming split-level corner-unit condo offers the perfect balance of comfort and convenience. Nestled in a lively and safe neighborhood, this 1-bedroom, 1-bathroom home features an open-concept layout with high vaulted ceilings and abundant natural light. The updated kitchen is equipped with sleek new Samsung stainless steel appliances, making meal preparation both stylish and efficient. A newer HVAC system installed in 2021 ensures year-round comfort, keeping the home cool during warm summer days and cozy when temperatures drop. Step outside to your private living room patio, where you can relax and unwind surrounded by lush greenery. With easy access to public transportation and nearby freeways, commuting is simple and convenient. Close to the best shopping and restaurant experience on Ventura Blvd, and also a brand new remodeled hospital just a few blocks away!

Location

Encino, Los Angeles County, CA 91316

Open on Google Maps ↗

Listed by: Saman Sabeti-Toussi · Americana Real Estate Services

Payment estimate

$2,362

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $29,000 · Loan: $261,000

%
Principal & Interest
$1,651
Property tax (1.25%)
$302
Homeowners insurance
$300
Mortgage insurance
$109
Open the full calculator →

Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Encino home with as little as 3.5% down using an FHA loan — roughly $10,150 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Similar Homes Nearby

Active and pending listings in ZIP 91316 (Encino)within ±10% of this home's price and size.

Local Market Stats

See Encino, CA 91316 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access
Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.