
Encino, California 91436
This Classic Encino Value-Add Residence is listed at $1,075,000, representing a stable acquisition near its $1,018,278 Fair Market Value. Holding a Condition Rating of 4, the home is well-maintained but largely in original 1952 condition, offering a significant canvas for a high-ROI modernization. Key features include original hardwood floors, a stone fireplace, and a private patio with wooded greenery views. Situated within the elite Roscomare Road Elementary (9/10) and Lanai Road Elementary (8/10) boundaries, this property is a strategic asset for Value-Add Investors or Owner-Occupants looking to build custom equity in a high-demand neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16851 Weddington Street Subject | $1,075,000* List Price | 3 | 2 | 1,458 | $698 | - |
A 16753 Magnolia Sold | $1,060,000 | 3 | 2 | 1,534 | $691 | 0.2 mi |
B 5231 Whitaker Avenue Sold | $1,250,000 | 3 | 2 | 1,866 | $670 | 0.2 mi |
C 16828 Margate Street Sold | $1,090,000 | 3 | 2 | 1,730 | $630 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952 and on the market for the first time in 30 years, the home is well-maintained but largely in original condition. While it features original hardwood floors and some newer laminate flooring, the kitchen and bathrooms are significantly outdated with 1950s-style tile countertops, older cabinetry, and aged appliances. It serves as a classic 'value-add' opportunity that is livable but requires cosmetic modernization.
Elementary School: Roscomare Road Elementary School (9/10).
Situated in a highly sought-after Encino neighborhood on a quiet cul-de-sac, this property offers a peaceful residential setting with strong long-term appreciation potential.
Offered for the first time in over 30 years, the home features original hardwood floors and a functional single-story layout, providing a solid foundation for a high-ROI renovation.
Built in 1952 and held by the same owner for decades, the property likely requires a comprehensive overhaul of cosmetic finishes and major systems to meet modern standards.
At 5,552 square feet, the lot is relatively small for the Encino market, which may limit future expansion plans or the addition of large-scale outdoor amenities like a pool.
First time on the market in over 30 years, this charming Encino residence on a cul-de-sac, presents a rare opportunity to create your dream home in a highly sought-after neighborhood. Offering 3 bedrooms, 2 bathrooms, and approximately 1,458 square feet of living space on a 5,552 square foot lot, the home features a functional single-story layout with a spacious living room anchored by a stone fireplace, a separate dining area, and a bright kitchen with adjacent breakfast nook. Original hardwood floors, generous natural light, and well-proportioned rooms provide a solid foundation for renovation or personalization. The primary suite and secondary bedrooms offer comfortable living, while the private backyard showcases a unique patio setting ideal for entertaining or reimagining into an outdoor retreat. Complete with a detached garage and ample driveway parking, this property is perfect for an end user or investor seeking a value-add opportunity in prime Encino.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 1.9 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 27% |
| Baths | 2.0 | 4.0 | 13% |
| Square foot | 1,458 | 3,193 | 3% |
| Lot Size | 5,554 | 13,979 | 5% |
| Price | $1.07M | $2.36M | 4% |
| Price per sq ft | $737 | $721 | 51% |
| Built year | 1952 | 1962 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 168 | 1% |
Apr 6, 2026
$1,075,000
Initial Listing