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17711 Margate Street 108, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

17711 Margate Street 108, Encino, California 91316 home-pic-0
ACTIVE$699,999
17711 Margate Street 108, Encino, California 91316
2Beds
2Baths
1,428Sqft
77,073Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Accessibility: Strategically located in the vibrant heart of Encino, offering unparalleled access to Ventura Blvd's amenities, including dining, shopping, markets, and transportation.
Top Cons:
High Homeowners Association Fees: The monthly association fee of $735.81 is notably high, which could be a significant factor in overall affordability and long-term budgeting for potential buyers.

Compared to the nearby listings

Price:$700.0K vs avg $480.0K (+$219,999)87%
Size:1,428 sqft vs avg 1,140 sqft69%
Price/sqft:$490 vs avg $40588%

More Insights

Built in 1973 (52 years old).
Condition: Built in 1973, this property is aged but appears well-maintained and functional. The kitchen is significantly outdated with tile countertops, older white appliances, and fluorescent panel lighting, requiring a full renovation to meet current quality and style standards. One bathroom features a newer vanity but retains a dated gold-framed shower enclosure and tile. While the flooring appears to be a more recent update, the overall aesthetic in key areas is very dated. The property is livable and does not show signs of structural or safety defects, aligning with the 'Fair' category's description of being aged but maintained, with major components functional but outdated.
Year Built
1973
Close
-
List price
$700K
Original List price
$730K
Price/Sqft
$490
HOA
$735.81
Days on market
-
Sold On
-
MLS number
SR25081552
Home ConditionFair
Features
Deck
View-

About this home

Bright & Spacious 2-Bed, 2-Bath Condo in Prime Encino Location Welcome to this spacious 2-bedroom, 2-bathroom condo perfectly situated in the vibrant heart of Encino. Offering a well-designed floor plan with generous room sizes and great natural light, this home provides comfortable living in one of the Valley's most convenient and desirable neighborhoods. Enjoy an open-concept living and dining area that leads out to a private balcony—ideal for morning coffee or evening relaxation. Both bedrooms are generously sized and offer great flexibility, while the second bedroom offers flexibility for guests, a home office, or both. This charming unit also features central air and heat, ample storage, laundry room, and two assigned side by side parking spaces in a gated garage. Located just minutes from Ventura Blvd, you’ll have easy access to top restaurants, shops, markets, and transportation. Whether you're looking for a place to call home or a smart investment, this Encino gem combines space, location, and value in one great package.

Condition Rating
Fair
Built in 1973, this property is aged but appears well-maintained and functional. The kitchen is significantly outdated with tile countertops, older white appliances, and fluorescent panel lighting, requiring a full renovation to meet current quality and style standards. One bathroom features a newer vanity but retains a dated gold-framed shower enclosure and tile. While the flooring appears to be a more recent update, the overall aesthetic in key areas is very dated. The property is livable and does not show signs of structural or safety defects, aligning with the 'Fair' category's description of being aged but maintained, with major components functional but outdated.
Pros & Cons

Pros

Prime Location & Accessibility: Strategically located in the vibrant heart of Encino, offering unparalleled access to Ventura Blvd's amenities, including dining, shopping, markets, and transportation.
Spacious & Functional Layout: A generous 1428 sqft floor plan features an open-concept living area, abundant natural light, and flexible, well-sized bedrooms, including a dedicated laundry room.
Essential Comforts & Conveniences: Equipped with central air and heat, ample storage, and a private balcony, enhancing daily comfort and lifestyle.
Secure & Ample Parking: Benefits from two assigned side-by-side parking spaces within a gated garage, a highly desirable and secure amenity in this urban setting.
Investment Potential: Positioned in a desirable neighborhood, this property offers a compelling combination of space, location, and value, making it an attractive option for both homeowners and investors.

Cons

High Homeowners Association Fees: The monthly association fee of $735.81 is notably high, which could be a significant factor in overall affordability and long-term budgeting for potential buyers.
Building Age: Constructed in 1973, the building is over five decades old, potentially indicating dated common areas, infrastructure, or higher future maintenance assessments.
Price Adjustment History: The property has undergone a price reduction from its original listing, which may suggest a longer market presence or initial overpricing, potentially affecting buyer perception.

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