Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

5822 Lindley Avenue

Encino, CA, 91316

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$1,165,000

MLS: 26644989

Beds

4

Baths

3

Sq Ft

1,740

Lot

0.14 ac

Year Built

1949

MLS #

26644989

Days on Market

74

Listed

Feb 2, 2026

Description

A $50,000 price drop has just been made, enhancing value and positioning this Encino home more competitively in the current market! Newly Renovated and Now Back on the Market, this residence offers four bedrooms and three full bathrooms, including a newly transformed primary suite. Formerly an ADU, the suite now features a brand-new bathroom, spacious walk-in closet, and private enclosed courtyard, creating a peaceful, private retreat. The interiors are bright and open, with thoughtful updates and modern finishes throughout, making the home truly move-in ready. Outside are different fruit trees and landscaped grounds provide a serene setting for relaxing or entertaining. Located in a highly desirable Encino neighborhood, the home is close to shops, dining, and easy freeway access. Additionally, the property includes a permit to convert the primary suite back into an ADU, offering flexibility for a guest space or rental opportunity.

Location

Encino, Los Angeles County, CA 91316

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Listed by: Dominic Kennedy · Real Brokerage Technologies

Payment estimate

$8,393

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $116,500 · Loan: $1,048,500

%
Principal & Interest
$6,442
Property tax (1.25%)
$1,214
Homeowners insurance
$300
Mortgage insurance
$437
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

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

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 $40,775 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.

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Local Market Stats

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

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