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$1,398,000

Beds
4
Baths
2.0
sq ft
1,443

5769 Aldea Ave, Encino, CA 91316

5769 Aldea Ave

Encino, CA 91316

  • 9 days on market
    • Open house Mar 30
Tucked away on a peaceful, tree-lined street in the heart of Encino Village, this Mid-Century Modern gem, designed by the famed architect Martin Stern, Jr., is the epitome of timeless style and effortless living. Step inside and you're greeted by an expansive, sun-drenched living room with soaring ceilings, sleek lines, rich hardwood floors, and a striking brick fireplace the perfect blend of warmth and modern sophistication. The kitchen is a chef's dream, featuring stainless steel appliances, custom cabinetry, and ample counter space for prep. A central island with seating for three invites casual mornings with coffee or evening cocktails while dinner simmers on the stove. The adjoining dining area is ideal for everything from cozy meals to lively dinner parties with friends and family. Four spacious bedrooms offer peaceful retreats, with large windows flooding each space with natural light. Updated bathrooms feature modern amenities with a touch of classic charm. Outside, the private backyard transforms into your very own Mid-Century paradise. A sparkling pool beckons you to unwind with a chilled martini in hand channeling that effortless, glamorous, poolside lifestyle. It's the perfect setting for sun-soaked afternoons and unforgettable summer soires. A two-car garage offers ample storage, and the serene, tree-lined street adds to the neighborhood's undeniable charm. Just minutes from Lake Balboa and the expansive Balboa Park offering golf, tennis, and scenic biking trails you're also surrounded by Encino's favorite spots like Laidrey, Claudine Bakery, Katsuya, The Nook, Davenport, and Lakeside Restaurant. With convenient access to the 101 freeway, the best of Los Angeles is always within easy reach. Don't miss your chance to own a piece of architectural history and a slice of that iconic, sun-drenched California dream in one of Encino's most coveted neighborhoods!

Details

Property type

Single Family Residence

Est. home value

$1,277,949

Lot size

5,952 sq ft

Price per sq ft

$969

Year built

1955

HOA

No

Price History

03/20/2025
CLAW

CLAW #25514167

Listed
$1,398,000
+3.17%
05/12/2023
CLAW

CLAW #23257745

Sold
$1,355,000
+79.47%
08/31/2017
CLAW

CLAW #17249260

Sold
$755,000

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$503,261
Asking price
$1,398,000
Closing costs (~8% of asking)
-$111,840
Est. remaining loan balance
-$782,899
Cash to seller
$503,261

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Citibank Na

Loan start date

May 2023

Original loan amount

$800,000

Est. remaining balance

$782,899

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Andrew Lind and Assumpta Selvadasan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/29/2025 at 2:50 AM

Listing updated: 03/21/2025 at 10:41 AM

Listed by: Silke Fernald, ACME Real Estate Phone #: (323) 596-0006

MLS: CLAW #25514167

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