16155 Otsego Street, Encino, California 91436, Encino, 91436 - 5 bed, 4 bath
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Encino, California 91436
This Spacious Updated Residence is a Prime Investment Opportunity, listed at $2,499,000—positioned well below the $2,599,000 Fair Market Value by 3%. This valuation gap offers $100,000 in Instant Equity for the buyer. Boasting a Good Condition Rating, the home features a chef's kitchen, an exclusive upper-level primary suite, and a resort-style backyard with a pool and spa. Located in the acclaimed Hesby Oaks Charter district near 9/10 rated schools, it balances financial upside with a premium lifestyle. This is an ideal acquisition for Owner-Occupants or Luxury Home Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16155 Otsego Street Subject | $2,499,000* List Price | 5 | 4 | 4,130 | $629 | - |
A 4591 De Celis Place Sold | $2,995,000 | 5 | 5 | 4,416 | $678 | 0.8 mi |
B 16226 Dickens Sold | $3,053,650 | 6 | 8 | 4,768 | $640 | 0.6 mi |
C 5019 Gaviota Sold | $3,100,000 | 5 | 6 | 5,200 | $596 | 0.3 mi |
D 16655 La Maida Street Sold | $2,360,000 | 4 | 3 | 3,200 | $738 | 0.6 mi |
E 16233 Elisa Place Sold | $2,375,000 | 4 | 4 | 3,821 | $622 | 1.0 mi |
F 15916 Daniel Lane Active | $2,895,000 List Price | 5 | 5 | 3,720 | $778 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant renovations, likely within the last 10-15 years. The chef's kitchen features granite countertops and stainless steel appliances, and the bathrooms are well-maintained with spa-like features. While the 1956 build date is older, the interior systems, including a brand new electrical panel and recessed lighting, along with the overall aesthetic of the flooring and fixtures, align with the 'Good' criteria for a well-maintained, updated home.
Elementary School: Roscomare Road Elementary School (9/10).
The entire upper level is dedicated to a luxurious primary suite featuring a private balcony, lounge area, and spa-inspired bathroom, offering unparalleled privacy and comfort.
One of the five bedrooms features a private entrance and yard, making it an ideal setup for a home office, multi-generational living, or a high-end guest suite.
Despite the premium price point and upper-level balcony, the property record indicates no significant views, which may be a drawback for luxury buyers in this area.
The property has already seen a $100,000 price reduction since its initial listing, which may suggest the market is sensitive to the current valuation.
Welcome to this beautifully updated and spacious 5BD/4BA home, ideally located in one of Encino's most desirable pockets. A gated, lushly landscaped front yard with mature fruit trees including bananas, avocados, peaches, and plums as well as a herb and rose garden, sets the tone as you arrive, leading to a grand double-door entry. Inside, the formal dining room flows seamlessly into the inviting living room, complete with a fireplace and French doors that open to the backyard, creating the perfect indoor-outdoor lifestyle. The eat-in chef's kitchen is designed for both function and style, featuring a large center island, granite countertops, and abundant cabinetry and prep space. The entire upper level is dedicated to an impressive primary suite, offering exceptional privacy and comfort. This retreat includes a cozy fireplace, private balcony, bonus lounge area with sink and storage, dual closets, and a spa-inspired bathroom with a separate tub and shower. Four additional generously sized bedrooms complete the home, including one with its own private entrance and yard, ideal for guests, extended family, or a home office. The resort-style backyard is perfect for entertaining, showcasing a sparkling pool, above-ground spa, and ample space to relax or host. Additional highlights include a brand new electrical panel and an attached two-car garage. Located within the highly acclaimed Hesby Oaks Charter School district and just moments from the dining and shopping along Ventura Boulevard, this is Encino living at its finest.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.6 mi
Grades K-5 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 60% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 4,130 | 3,200 | 69% |
| Lot Size | 10,080 | 13,979 | 36% |
| Price | $2.50M | $2.38M | 64% |
| Price per sq ft | $605 | $713 | 19% |
| Built year | 1956 | 1962 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 168 | 3% |
Mar 31, 2026
$2,499,000
$2,599,000
-4% Price Drop
Initial Listing
Mar 19, 2026
$2,599,000
Initial Listing
Jul 17, 2013
$1,050,000
Public Record
Oct 11, 2012
$695,500
Public Record
Dec 5, 2003
$950,000
Public Record