17922 Martha Street, Los Angeles, California 91316, Los Angeles, 91316 - 3 bed, 3 bath
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Los Angeles, California 91316
This Modernized Encino Cottage is a Prime Investment Opportunity, listed at $995,000—positioned well below the $1,041,210 Fair Market Value by 4%. This valuation gap offers $46,210 in Instant Equity. Boasting a Mint Condition Rating, the residence features a high-end kitchen, spa-inspired primary suite, and an exceptional outdoor kitchen with a cowboy pool and private patio. Compared to recent area sales, this property provides superior finishes within the Los Angeles Unified district. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17922 Martha Street Subject | $995,000* List Price | 3 | 3 | 1,235 | $843 | - |
A 17415 Collins Sold | $953,000 | 3 | 2 | 1,184 | $805 | 0.6 mi |
B 5826 Jamieson Avenue Sold | $965,000 | 3 | 2 | 1,163 | $830 | 0.3 mi |
C 17726 Martha St. Sold | $975,000 | 3 | 2 | 1,111 | $878 | 0.2 mi |
D 17435 Burma Sold | $961,000 | 3 | 2 | 1,163 | $826 | 0.6 mi |
E 5938 Aldea Sold | $1,099,000 | 3 | 2 | 1,364 | $806 | 1.0 mi |
F 5903 Graves Avenue Sold | $1,245,000 | 3 | 2 | 1,430 | $871 | 0.9 mi |
G 5746 Zelzah Ave Active | $1,149,000 List Price | 3 | 1 | 1,124 | $1,022 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1949, the property has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen and bathrooms feature modern finishes including quartz countertops, gold hardware, and contemporary cabinetry. The interior shows updated flooring, recessed lighting, and a high level of maintenance, while the exterior includes a modern garage door and a fully built-out outdoor kitchen, indicating all major systems and surfaces are in mint condition.
The private backyard is a standout feature, boasting a custom-built outdoor kitchen with a pizza oven, a cowboy pool, and a dedicated exterior half-bath for seamless al fresco hosting.
The property features an expanded primary retreat with a spa-inspired bathroom, walk-in closet, and direct yard access, offering a level of luxury often missing in original 1940s builds.
This charming cottage has been thoughtfully updated with a sparkling kitchen and an open-concept living area, providing a move-in-ready experience for the discerning buyer.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1235, other record living area = 781. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At 1,235 square feet for a three-bedroom, three-bathroom configuration, the interior living spaces and secondary bedrooms may feel restrictive for larger families.
The 'cowboy pool' is a small, stock-tank style feature that lacks the depth and scale of a traditional swimming pool, which may be a drawback for buyers seeking a full aquatic experience.
This charming 1949 cottage has been updated and expanded to create the perfect oasis in the city. Its light and bright interior has an open living and dining room with direct access from the garage. The sparkling kitchen has ample storage and access to the outdoor kitchen for easy entertaining. Two well-sized bedrooms share a full bathroom while a hallway leads to the primary suite. A walk-in closet, spa-inspired bathroom and direct access to the yard create a truly inspired space. The incredibly private backyard features multiple sitting areas, a cowboy pool and custom-built outdoor kitchen including mini fridge and pizza oven. A 1/2 bath off the patio services swimmers and al fresco dinner guests. Blocks from Trader Joe's with easy access to major freeways, this is the ideal dream home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,235 | 2,107 | 23% |
| Lot Size | 5,555 | 6,098 | 20% |
| Price | $995.0K | $1.43M | 24% |
| Price per sq ft | $806 | $805 | 51% |
| Built year | 1949 | 1955 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 159 | 1% |
Apr 16, 2026
$995,000
Initial Listing
Nov 17, 2020
$703,000
Public Record
May 29, 2015
$470,000
Public Record
May 20, 1999
$158,000
Public Record
Mar 20, 1996
$100,000
Public Record