
Los Angeles, California 91316
This Spacious South of the Boulevard Residence is listed at $1,499,000, positioned near its $1,432,709 Fair Market Value. Currently holding a Condition Rating of 4, the home requires updates to modernize its 1951 vintage finishes and infrastructure. The property excels with a unique upstairs suite offering ADU/Granny Flat potential, an expansive 7,577 square foot flat lot, and a private patio. Located in the Los Angeles Unified district near premium shopping, this asset provides a clear path for forced appreciation. It is ideal for Value-Add Investors or Owner-Occupants seeking a renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17835 Tarzana Street Subject | $1,499,000* List Price | 4 | 3 | 2,366 | $606 | - |
A 4921 Rupert Sold | $1,860,000 | 4 | 3 | 2,916 | $638 | 0.1 mi |
B 5052 Newcastle Sold | $1,200,000 | 3 | 2 | 2,079 | $577 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the home is well-maintained but features highly dated interior finishes and systems. The kitchen contains vintage appliances, wallpaper, and older cabinetry, while the bathrooms show aged vanities and fixtures. Flooring throughout consists of worn carpeting and dated parquet wood. While the property is functional and livable, it requires significant cosmetic and likely infrastructure updates to align with modern quality standards.
Situated 'South of the Boulevard' in a highly desirable Encino neighborhood, the property offers excellent proximity to premium shopping, dining, and top-rated schools.
The unique upstairs living area features a mini-kitchen, bathroom, and walk-in closet, providing a turnkey opportunity for a guest suite, granny flat, or rental income.
The 7,577 square foot flat lot is a rare find in this area, offering a versatile and usable outdoor space ideal for large-scale entertaining or future pool installation.
Built in 1951, the home likely requires significant modern updates to its core systems and interior finishes to align with contemporary luxury standards.
With a large portion of the square footage concentrated in the upstairs 'extended living area,' the main floor footprint may feel disproportionately smaller for a four-bedroom home.
SOUTH of the Boulevard Encino spacious home with a flat lot is now on the market!!!! This unique property boasts over 2366 square foot of living space with an oversized upstairs living area that has ADU or Granny Flat potential. This charming home contains 4 bedrooms and 3 baths included in the bedroom count is an extended upstairs living area. The extended upstairs living area contains a bathroom, mini-kitchen, and large walk-in closet. The expensive backyard is ideal for backyard entertaining. Lastly, this well situated South of the Boulevard Encino home on a tree lined street is located within close proximity to shopping, schools, parks, and quick freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,366 | 2,171 | 56% |
| Lot Size | 7,577 | 6,122 | 62% |
| Price | $1.50M | $1.47M | 52% |
| Price per sq ft | $634 | $801 | 20% |
| Built year | 1951 | 1955 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 159 | 1% |
Mar 30, 2026
$1,499,000
Initial Listing