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: POOR
3Beds
2Baths
1,591Sq Ft
6,450Lot Size
Property Price
LIST PRICE$1,187,500
EST. MARKET VALUE
$1,012,117
17% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $999,999—positioned well above the $945,019 Fair Market Value by -5%. Featuring a Condition Rating of 5, the home requires a comprehensive interior renovation to modernize its 1945 infrastructure. The 6,450 square foot lot offers significant expansion potential in a prime Encino location near top-rated schools like Kester Avenue Elementary. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a full-scale value-add project.
Estimated Market Value
$1,012,117
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 | $1,187,500* List Price | 3 | 2 | 1,591 | $636 | - |
A 15550 Otsego Street Sold | $1,075,000 | 3 | 2 | 1,677 | $641 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1945, the home features a kitchen and bathrooms that appear to have last been updated 30-40 years ago, featuring dated oak cabinetry, green tile countertops, and floral wallpaper. The listing description explicitly highlights 'endless potential' and the opportunity to 'create your dream home,' which are industry indicators for a property requiring a full interior rehab and likely system overhauls.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Roscomare Road Elementary School (9/10).
- Prime Encino Location
Situated in the highly sought-after 91436 zip code, this property offers exceptional proximity to major freeways (101 and 405) and premium shopping and dining, ensuring strong long-term value.
- Significant Value-Add Potential
With a functional single-story layout and a 6,450 square foot lot, the home presents a prime opportunity for investors or owner-users to renovate, personalize, or expand in a high-demand neighborhood.
CONSRISKS & DEFICIENCIES
- Dated Infrastructure
Built in 1945, the residence likely requires substantial modernization of its core systems and interior finishes to meet contemporary living standards.
- Inconsistent School District Ratings
While the elementary schools are top-tier, the assigned middle school options have significantly lower ratings, which may be a drawback for families prioritizing long-term educational consistency.
About 15571 Otsego
Opportunity awaits in the heart of Encino! This charming single-story home offers 3 bedrooms, 2 bathrooms, and 1,591 square feet of living space on a 6,450 square foot lot. The functional floor plan provides comfortable living areas with endless potential to personalize, update, or expand to suit your vision. Whether you're a first-time buyer, investor, or looking to create your dream home, this property presents an exceptional opportunity in one of the San Fernando Valley's most desirable neighborhoods. Conveniently located near shopping, dining, parks, schools, and with easy access to both the 101 and 405 Freeways, commuting throughout Los Angeles is a breeze. Don't miss the chance to make this Encino property 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 | 1,664.159 |
| Lot Size | 6,450 | 6,066.556 |
| Price | $1.19M | $1.35M |
| Price per sq ft | $746 | $806 |
| Built year | 1945 | 1939 |
| HOA | $0 | $278 |
| Days on market | 57 | 55 |
Pricing History
Listed for Sale
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