15571 Otsego, Los Angeles, California 91436, Los Angeles, 91436 - 3 bed, 2 bath
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15571 Otsego
Los Angeles, California 91436
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,591Sq Ft
6,450Lot Size
Property Price
LIST PRICE$1,100,000
EST. MARKET VALUE
$1,100,000
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,100,000, aligning with the $1,100,000 Fair Market Value. While priced at market, the property offers significant upside through its ADU Development Potential in the detached garage. Featuring a Condition Rating of 4, the home requires cosmetic modernization, yet provides a solid foundation with natural hardwood floors and central HVAC. Located in a prime Encino neighborhood with access to top-rated schools like Kester Avenue Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Estimated Market Value
$1,100,000
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15571 Otsego Subject 3 bd · 2 ba · 1,591 sqft · $691 | $1,100,000* List Price | 3 | 2 | 1,591 | $691 | - |
A 15519 Huston Street Sold 3 bd · 2 ba · 1,604 sqft · $845 · 0.3 mi | $1,355,000 | 3 | 2 | 1,604 | $845 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1945 and held by the same owner for 50 years, the property is well-maintained but significantly dated. While it features functional systems like central HVAC and recessed lighting, the interior finishes—including floral wallpaper, wood paneling, and vintage bathroom tiling—appear to be over 30 years old, necessitating cosmetic updates throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Roscomare Road Elementary School (9/10).
- ADU Development Potential
The detached two-car garage provides a prime opportunity for conversion into an Accessory Dwelling Unit (ADU), offering significant value-add potential for rental income or multi-generational living.
- Prime Encino Location
Situated in a highly desirable neighborhood with easy access to the 101 and 405 freeways, the property is also zoned for top-tier schools, including the nearby Kester Avenue Elementary.
CONSRISKS & DEFICIENCIES
- Significant Updating Needed
Offered for the first time in 50 years, the property is positioned as a fixer-upper that likely requires substantial capital investment to modernize the systems and finishes.
- Market Stagnation
With over 80 days on the market and a history of multiple price fluctuations, the listing may face perception issues regarding its value relative to its current condition.
About 15571 Otsego
Opportunity awaits in the heart of Encino! Offered for the first time in approximately 50 years, this charming single-story home features 3 bedrooms, 2 bathrooms, and 1,591 square feet of living space on a 6,450-square-foot lot. Behind an electronic security gate, the property welcomes you with drought-tolerant landscaping, substantial brickwork, and convenient driveway parking. Inside, natural hardwood floors, crown molding, recessed lighting, central air and heat, and a gas fireplace framed by a wood mantel and marble surround add warmth and character throughout. The functional floor plan is comfortable to enjoy today while offering exciting possibilities to personalize, update, or expand in the future. A covered rear patio provides additional space for outdoor relaxation and entertaining. The detached two-car garage may also offer potential for an ADU, subject to buyer investigation and all applicable zoning, permitting, feasibility, and governmental approvals. Conveniently located near shopping, dining, parks, schools, and easy access to the 101 and 405 freeways, this is a wonderful opportunity to reimagine a long-held Encino home and make it your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1945
- Lot Size
- 6,450 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Kester Avenue Elementary School
Grades K-5 • 1.0 mi
9/10
Lanai Road Elementary School
Grades K-5 • 1.4 mi
8/10
Lemay Street Elementary School
Grades K-5 • 3.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,591 | 1,670.836 |
| Lot Size | 6,450 | 6,152.156 |
| Price | $1.10M | $1.34M |
| Price per sq ft | $691 | $807 |
| Built year | 1945 | 1941 |
| HOA | $0 | $238 |
| Days on market | 118 | 56 |
Pricing History
Listed for Sale
Oct 3, 2026
$1,100,000
$1,187,500
-7% Price Drop
Initial Listing
Price Change
Sep 3, 2026
$1,187,500
$1,250,000
-5% Price Drop
Initial Listing
Price Change
Aug 15, 2026
$1,250,000
$999,999
+25% Price Increase
Initial Listing
Price Change
Jul 14, 2026
$999,999
Initial Listing