17707 Magnolia Boulevard, Encino, California 91316, Encino, 91316 - 3 bed, 3 bath
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Encino, California 91316
This townhome presents a High-Potential Investment Opportunity with a List Price of $675,000, which is currently aligned with the $675,000 Fair Market Value. While the property requires a full interior rehab due to its Condition Rating of 5, the 1,907 square feet of living space and direct-access garage provide a solid foundation for value-add renovations. The HOA-managed pool, spa, and gym offer resort-style amenities that enhance long-term rental appeal. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a project in the Encino market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17707 Magnolia Boulevard Subject | $675,000* List Price | 3 | 3 | 1,907 | $354 | - |
A 5310 Zelzah Avenue 204 Sold | $600,000 | 2 | 2 | 1,517 | $396 | 0.1 mi |
B 5333 Zelzah Avenue 338 Sold | $771,000 | 3 | 2 | 2,472 | $312 | 0.2 mi |
C 5330 Lindley Avenue 305 Sold | $580,000 | 2 | 2 | 1,669 | $348 | 0.4 mi |
D 4949 Genesta Avenue 112a Sold | $700,000 | 2 | 2 | 1,611 | $435 | 1.0 mi |
E 5216 Yarmouth Avenue 305 Active Under Contract | $724,000 List Price | 2 | 2 | 1,938 | $374 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1974, the property is over 50 years old and appears to have mostly original finishes. The kitchen features dated tile countertops and old cabinetry, while the bathrooms show significant age with floral wallpaper and vintage fixtures. The presence of popcorn ceilings and the listing's admission that it 'needs love' suggest the home requires a full interior rehab.
With 1,907 square feet of living space, high ceilings, and an abundance of natural light, this townhome offers a sense of volume and openness that is highly desirable in the Encino market.
The HOA provides an extensive amenity package including a pool, spa, gym, and community room, offering residents a resort-style lifestyle and added value for the monthly dues.
The property features a spacious garage with direct access to the residence, providing a level of privacy, security, and convenience typically reserved for single-family homes.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =222344, other record lot size in square feet = 222183.
As an approved short sale, the transaction may involve additional lender oversight and potentially more complex closing procedures compared to a standard equity sale.
The property is noted to need 'a little love' and care, indicating that the buyer will likely need to invest additional capital into cosmetic updates or repairs immediately after purchase.
APPROVED SHORT SALE! This TOWNHOME is really beautiful ,just needs a little love to truly shine. It features three bedrooms, a spacious garage, high ceilings, and plenty of natural light. It is waiting for someone to give it a little care and attention. The HOA offers a large community room, a spa, a gym, and a pool. The Completely Private Townhouse with Direct Access to Parking.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,907 | 1,517 |
| Lot Size | 222,344 | 156,600 |
| Price | $675.0K | $494.0K |
| Price per sq ft | $354 | $391 |
| Built year | 1974 | 1973 |
| HOA | $600.0 | $709 |
| Days on market | 120 | 80 |
Jul 17, 2026
$675,000
$699,000
-3% Price Drop
Initial Listing
Jun 14, 2026
$699,000
$649,000
+8% Price Increase
Initial Listing
Mar 24, 2026
$649,000
Initial Listing