17400 Martha Street, Encino, California 91316, Encino, 91316 - 3 bed, 2 bath
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Encino, California 91316
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $999,000—positioned well below the $968,667 Fair Market Value (Note: Market adjustment reflects current pricing strategy). Featuring a Condition Rating of 2, this home offers modern finishes, including a remodeled kitchen and ductless HVAC. The oversized detached garage provides significant ADU potential for rental income or a home office. This property balances lifestyle serenity with financial utility, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready Encino home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17400 Martha Street Subject | $999,000* List Price | 3 | 2 | 1,023 | $947 | - |
A 17415 Collins Sold | $953,000 | 3 | 2 | 1,184 | $805 | 0.1 mi |
B 17435 Burma Sold | $961,000 | 3 | 2 | 1,163 | $826 | 0.3 mi |
C 17726 Martha St. Sold | $975,000 | 3 | 2 | 1,111 | $878 | 0.4 mi |
D 5934 White Oak Ave Sold | $842,000 | 2 | 1 | 804 | $1,047 | 0.5 mi |
E 5611 Babbitt Sold | $1,200,000 | 4 | 2 | 1,364 | $880 | 0.1 mi |
F 6036 Lindley Avenue Active | $1,020,000 List Price | 4 | 3 | 1,012 | $1,008 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1949, the property has been fully redone with high-end finishes. The kitchen features modern shaker cabinetry, stone countertops, and stainless steel appliances. Systems have been updated as evidenced by the modern ductless mini-split HVAC unit, and the interior/exterior are in mint, move-in ready condition.
The detached oversized garage offers a significant opportunity for conversion into an Accessory Dwelling Unit (ADU), providing potential for rental income, a guest suite, or a creative home office.
The property features a well-appointed backyard with mature landscaping, a fire pit, and al fresco dining areas, offering a private and serene environment for entertaining.
Priced under $1M in the desirable Encino market, this redone home provides a rare entry-point opportunity with easy access to Ventura Blvd, Trader Joe's, and the Westside.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 1,023 square feet of living space for a three-bedroom layout, the interior rooms may feel compact and could be a constraint for growing families.
Originally built in 1949, the home may possess aging structural or mechanical systems typical of its era that require ongoing maintenance despite cosmetic updates.
One of the cutest, most charming houses you will find at any price, but at under $1M, this can't be beat. Parents everywhere are going to want to pay the down payment to get their kids and grandkids into this lovely home. Great backyard accommodates pets and playdates and stores around the fire pit. Al fresco dining and outdoor grilling. Lovely landscaping lighting and mature trees provide privacy and a sense of serenity. Close to Trader Joe's and Ventura Blvd with easy westside access. The detached oversized garage is ideal to convert into a great ADU for those generous parents to visit, or for additional income, or just a fabulous home office or gym or creative space. This 3 bed/2 bed redone home absolutely will not last.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 2.0 | 4.0 | 28% |
| Square foot | 1,023 | 2,621 | 5% |
| Lot Size | 5,696 | 6,920.5 | 24% |
| Price | $999.0K | $1.87M | 18% |
| Price per sq ft | $977 | $755 | 84% |
| Built year | 1949 | 1955 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 154 | 3% |
May 18, 2026
$999,000
Initial Listing
May 31, 2017
$450,000
Public Record