17707 Magnolia Boulevard, Encino, California 91316, Encino, 91316 - 3 bed, 3 bath
Loading property details...
Encino, California 91316
This Spacious Townhouse represents a Strong Value Opportunity, listed at $649,000—positioned well below the $645,282 Fair Market Value by a negligible margin, reflecting a stable market entry. With a Fair Condition Rating, the property offers significant potential for value-add renovations to modernize its 1974 infrastructure. The unit features a generous 1,907 square foot floor plan and rare direct parking access, providing the privacy of a single-family home. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17707 Magnolia Boulevard Subject | $649,000* List Price | 3 | 3 | 1,907 | $338 | - |
A 5333 Zelzah Avenue 338 Sold | $771,000 | 3 | 2 | 2,472 | $312 | 0.2 mi |
B 5240 Zelzah Avenue 106 Sold | $840,000 | 3 | 3 | 2,233 | $376 | 0.1 mi |
C 5340 Yarmouth 205 Sold | $650,000 | 2 | 2 | 1,727 | $376 | 0.1 mi |
D 5416 Zelzah Avenue 202 Sold | $800,000 | 3 | 3 | 2,203 | $363 | 0.2 mi |
E 4949 Genesta Avenue 112a Sold | $700,000 | 2 | 2 | 1,611 | $435 | 1.0 mi |
F 5250 Zelzah Avenue 12a Sold | $617,500 | 3 | 2 | 1,554 | $397 | 0.1 mi |
G 5236 Yarmouth Avenue 313 Active | $699,000 List Price | 2 | 2 | 1,938 | $361 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1974 (50 years old) and the listing lacks any mention of recent renovations or upgrades to major systems. Based on the age and the original 1970s exterior aesthetic, the kitchen, bathrooms, and HVAC/electrical systems are likely dated (>20 years) and require modernization to meet current market standards.
At 1,907 square feet, this three-bedroom townhouse offers an expansive interior footprint that is significantly larger than typical condominiums in this price bracket.
Priced at approximately $340 per square foot, the property provides a highly competitive entry point into the prestigious Encino market compared to local averages.
The unit features a unique, completely private layout with the rare benefit of direct access to parking, offering the feel of a single-family residence.
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.
The $600 monthly association fee represents a significant recurring expense that may impact the debt-to-income ratio for budget-conscious buyers.
Constructed in 1974, the property may require capital improvements or cosmetic updates to modernize its systems and aesthetic to meet current market standards.
Completely Private Townhouse with Direct access to Parking.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 89% |
| Baths | 3.0 | 2.0 | 91% |
| Square foot | 1,907 | 1,073 | 93% |
| Lot Size | 222,344 | 60,966 | 69% |
| Price | $649.0K | $416.2K | 83% |
| Price per sq ft | $340 | $374 | 22% |
| Built year | 1974 | 1971 | 80% |
| HOA | $600.0 | $624 | 46% |
| Days on market | 75 | 189 | 7% |
Mar 24, 2026
$649,000
Initial Listing