5224 Lindley Ave, Encino, CA, 91316

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $371 per day and long-term for an average of $4,802 per month, based on similar listings in the area. Estimated short-term cap rate of 2.2%. Estimated long-term cap rate of -1.1%. Embrace the quintessential California lifestyle in this luxurious remodeled tri-level townhome literally steps to Ventura Blvd. This 3 bedroom + 3 bathroom showplace boasts almost 1800 sqft of upscale living space. Enormous living room with nearly 11ft soaring high ceilings with recessed lighting, crown molding, and a floor to ceiling fireplace with custom level-stone facade. Gorgeous updated eat-in kitchen with newer cabinets, quartz countertops and stainless steel appliances. Dining room features faux wood paneling and a built-in buffet/dry bar with wine storage. All three spacious bedrooms are located upstairs. Primary suite has its own private entrance and offers his + hers walk-in closets, private bathroom with double sinks. Large patio provides the ideal setting to relax and entertain. Additional features include direct-access private 2 car garage with LiftMaster wall mounted Wi-Fi smart garage door opener (with app access), storage cabinets and a huge walk-in storage room. Brand new interior paint throughout, in-unit laundry, Ecobee smart thermostat, security system, three separate entrances to the unit. Villa Espana is a lovely gated community with tranquil park-like grounds, swimming pool, spa and recreation room. HOA covers earthquake insurance, trash disposal, and common area maintenance. Super convenient access to 101 Fwy and trendy Ventura Blvd shops, restaurants, and more.