17900 Hatteras, Encino, California 91316, Encino, 91316 - 3 bed, 2 bath
ACTIVE$1,195,750
17900 Hatteras, Encino, California 91316
3Beds
2Baths
1,324Sqft
5,597Lot
Price Vs. Estimate
The estimated value ($1,062,779.475) is $132,970.525 (11%) lower than the list price ($1,195,750). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Corner Lot: The property is situated on a prime corner lot in Encino, offering enhanced visibility, potentially more natural light, and greater curb appeal.
Top Cons:
Age of Construction: Built in 1949, the property is an older home, which may imply the need for updates to major systems (e.g., electrical, plumbing, HVAC) and finishes to meet modern standards.
Compared to the nearby listings
Price:$1.20M vs avg $1.45M ($-254,250)33%
Size:1,324 sqft vs avg 2,192 sqft14%
Price/sqft:$903 vs avg $74582%
More Insights
Built in 1949 (76 years old).
Condition: Built in 1949, this property is aged but appears maintained. While some flooring is updated, the kitchen features dark, older-style cabinets and an outdated ceiling fan. The bathroom has a pedestal sink, dated tile, and an older light fixture, indicating it has not been significantly renovated in decades. These key areas require substantial cosmetic and functional updates to meet modern standards, aligning with the 'fair' condition criteria.
Year Built
1949
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$903
HOA
-
Days on market
-
Sold On
-
MLS number
SR25256388
Home ConditionFair
Features
Patio
View-
About this home
Located on a prime corner lot in Encino, this property offers a versatile floor plan and excellent potential. The home features 3 bedrooms and 2 full bathrooms, a spacious kitchen, and outdoor areas suitable for entertaining. The attached garage can be converted into a studio or additional living space. Conveniently located with easy access to shopping, dining, and amenities. A great opportunity for both owner-occupants and investors.
Price History
Date
Event
Price
06/16/00
Sold
$207,500
04/08/22
Sold
$1,010,000
09/20/19
Sold
$715,000
07/01/13
Sold
$520,000
11/01/06
Sold
$575,000
Condition Rating
Fair
Built in 1949, this property is aged but appears maintained. While some flooring is updated, the kitchen features dark, older-style cabinets and an outdated ceiling fan. The bathroom has a pedestal sink, dated tile, and an older light fixture, indicating it has not been significantly renovated in decades. These key areas require substantial cosmetic and functional updates to meet modern standards, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Prime Corner Lot: The property is situated on a prime corner lot in Encino, offering enhanced visibility, potentially more natural light, and greater curb appeal.
Versatile Floor Plan & Potential: The home features a versatile floor plan and is highlighted for its excellent potential, allowing buyers to customize and add value according to their needs.
Convertible Attached Garage: The attached garage presents a significant opportunity for conversion into a studio or additional living space, increasing the property's functional square footage and value.
Desirable Encino Location: Conveniently located in Encino with easy access to shopping, dining, and amenities, appealing to a wide range of buyers seeking a vibrant community.
Strong Investment Opportunity: The property is explicitly marketed as a great opportunity for both owner-occupants and investors, indicating its potential for appreciation and rental income.
Cons
Age of Construction: Built in 1949, the property is an older home, which may imply the need for updates to major systems (e.g., electrical, plumbing, HVAC) and finishes to meet modern standards.
Lack of Views: The property explicitly states 'View: None,' which could be a drawback for buyers seeking scenic vistas, often a premium feature in desirable areas like Encino.
Implied Renovation Costs: While offering 'potential,' the older construction and versatile floor plan suggest that a new owner will likely need to invest substantially in renovations and upgrades to fully modernize the property and realize its full value.