15571 Otsego, Los Angeles, California 91436, Los Angeles, 91436 - 3 bed, 2 bath
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Los Angeles, California 91436
This property presents a High-Potential Investment Opportunity with a List Price of $999,999—positioned well below the $943,296 Fair Market Value by -6%. Featuring a Condition Rating of 5, this 1945-built residence requires a full rehab, offering significant upside for those capable of modernizing the infrastructure. Located in a prime Encino neighborhood with access to top-rated schools like Kester Avenue Elementary, this asset is ideal for Fix-and-Flip Investors or Contractors seeking to maximize value through strategic renovation and expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15571 Otsego Subject | $999,999* List Price | 3 | 2 | 1,591 | $593 | - |
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.
Property is extensive renovation needed.
Built in 1945 (79 years old) with no recorded renovations. The listing description uses industry terms like 'opportunity,' 'investor,' and 'potential to personalize/expand,' which indicates the kitchen, bathrooms, and major systems are likely original or significantly aged (>30 years) and require a full rehab.
Elementary School: Roscomare Road Elementary School (9/10).
Situated in one of the San Fernando Valley's most desirable neighborhoods, this property offers exceptional accessibility to both the 101 and 405 freeways, as well as premier shopping and dining.
Marketed as an 'opportunity' with a functional floor plan on a 6,450 square foot lot, the property is an ideal canvas for investors or buyers looking to build equity through renovation or expansion.
Built in 1945 and described as having 'potential to personalize,' the home likely requires substantial capital investment to update aging systems and cosmetic finishes to modern standards.
While elementary school ratings are excellent, the local middle schools carry significantly lower ratings (as low as 2), which may be a concern for long-term family planning.
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!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.4 mi
Grades K-5 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,591 | 1,672 |
| Lot Size | 6,450 | 6,067 |
| Price | $1000.0K | $1.37M |
| Price per sq ft | $629 | $801 |
| Built year | 1945 | 1939 |
| HOA | $0 | $348 |
| Days on market | 8 | 56 |
Jul 14, 2026
$999,999
Initial Listing