Courtesy of Rodeo Realty, Adi Livyatan 818-919-4060
Property Description
Exceptional South of the Blvd Encino Compound featuring three fully permitted and legally recognized units, each with its own address: 5022, 5024, and 5024 Lindley Ave. Situated on a gated, landscaped lot in one of the Valley’s most sought-after neighborhoods, this rare offering presents a unique opportunity for multi-generational living, investment income, or an ideal owner-user setup. The main residence (5022) boasts approximately 4 bedrooms and 2 bathrooms, a spacious open-concept layout, and direct access to a beautifully private backyard retreat complete with a sparkling pool, sun-soaked patio, and mature landscaping perfect for relaxing or entertaining. The property also includes two detached ADUs, each featuring 2 bedrooms and 2 bathrooms, with full kitchens, and private entrances. These units offer excellent income potential or flexible living for extended family, guests, or even a home office setup. With approximately 3,000 square feet of total living space, this gated compound offers privacy, versatility, and tremendous value in a premier Encino location just south of Ventura Blvd. Enjoy easy access to top-rated schools, upscale shopping, dining, and major freeways. Whether you’re looking to live in one unit and rent the others, house multiple generations under one roof, or expand your investment portfolio with a triplex-style property, this one-of-a-kind compound checks every box. Don’t miss this rare opportunity to own a turnkey, income-generating property in the heart of Encino.
Open House
Property Details and Features
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Bathrooms
- 6 total bathrooms
- 6 full bathrooms
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Bedrooms
- 8 total bedrooms
- 8 possible bedrooms
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Building
- Built in 1949
- Building area total: 2988
- 1 stroy
- 1 story total
- Living area: 2988
- Living area units: Sqft
- Building area units: Sqft
- Entry level: 0
- “No Common Walls”
- “1 Story”
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Cooling
- “Central Forced Air”
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Fireplaces
- “N/K”
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Water Features
- Water source: “Public”
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Heating
- “Forced Air Unit”
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Laundry
- “Washer Hookup”
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Listing
- Listing ID: SR26005992
- List price: $2,595,000
- 30 days on market
- Listing contract date: 2026-01-10
- Special listing conditions: “Standard”
- “Cash”
- “Conventional”
-
Lot
- 6,766 size sqft
- Size area: 0.1553
- Size units: Acres
-
Pool
- “Below Ground”
- “Private”
-
Property
- Property subtype: Detached
- Property type: Residential
- Zoning: LAR1
- “N/K”
-
Sewer
- “Public Sewer”
