17943 Magnolia Boulevard 16, Encino, California 91316, Encino, 91316 - 3 bed, 3 bath
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Encino, California 91316
This Spacious Corner-Unit Townhome represents a High-Potential Investment Opportunity, listed at $725,000—positioned well above the $649,767 Fair Market Value. While the property requires a premium, it offers significant value through recent infrastructure upgrades, including a new electrical panel, 2-year-old roof, and tankless water heater. With a Condition Rating of 4, the home is move-in ready but offers clear upside through cosmetic modernization of the kitchen and baths. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained asset in a prime Encino location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17943 Magnolia Boulevard 16 Subject | $725,000* List Price | 3 | 3 | 1,601 | $406 | - |
A 5310 Zelzah Avenue 204 Sold | $600,000 | 2 | 2 | 1,517 | $396 | 0.2 mi |
B 5236 Yarmouth Avenue 313 Sold | $685,000 | 2 | 2 | 1,938 | $353 | 0.2 mi |
C 5240 Zelzah Avenue 106 Sold | $840,000 | 3 | 3 | 2,233 | $376 | 0.1 mi |
D 5310 Zelzah Active | $595,000 List Price | 2 | 2 | 1,586 | $375 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is nearly 50 years old and, while it features excellent recent system upgrades (new electrical panel, 2-year-old roof, tankless water heater, and new windows), the kitchen and bathrooms are significantly dated. The kitchen retains older white appliances, cabinetry, and fluorescent lighting, while the bathrooms show older wood vanities and tile work consistent with a 20+ year old aesthetic. It is well-maintained and move-in ready but requires cosmetic modernization.
The property features high-value recent improvements including a new electrical panel, a two-year-old roof, a tankless water heater, and new double-paned windows, reducing immediate capital expenditure for the buyer.
As a corner unit with 1,601 sq. ft. of living space, soaring ceilings, and an oversized 2.5-car garage with direct access, the home offers a level of privacy and storage typically reserved for single-family residences.
Situated in a highly desirable neighborhood near Ventura Boulevard, the property provides excellent walkability and proximity to premium shopping, dining, and entertainment hubs.
While well-maintained with new carpet, the 1975 construction suggests that the kitchen and bathrooms may require further cosmetic updates to compete with fully remodeled units in the area.
The property is noted as having no views, which may be a drawback for buyers specifically seeking the hillside or city vistas often associated with the Encino market.
Welcome to 17943 Magnolia Blvd. #16. Tucked away in a desirable Encino location, this spacious corner-unit townhome offers 3 bedrooms, 2.5 bathrooms, and 1,601 sq. ft. of thoughtfully designed living space. Soaring ceilings, a fireplace, brand-new carpeting, and new double-paned windows and sliding doors create a bright and inviting interior. The main living area features a generous living room that flows into a dedicated dining space just off the kitchen, while a separate laundry room adds everyday convenience. The home also includes an oversized 2.5-car attached garage with direct access to the home and ample storage. Recent upgrades include a brand-new electrical panel, a 2-year-old roof, and a tankless water heater. The newly installed carpet comes with a transferable 2-year warranty, including annual professional carpet cleaning. The private gated patio has a mature shade tree—an ideal setting for morning coffee. Residents enjoy access to a community pool and shared BBQ areas, all with a low HOA of just $604 per month. Ideally located near the shopping, dining, and entertainment of Ventura Blvd.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,601 | 1,517 |
| Lot Size | 43,428 | 156,600 |
| Price | $725.0K | $494.0K |
| Price per sq ft | $453 | $391 |
| Built year | 1975 | 1973 |
| HOA | $620.0 | $709 |
| Days on market | 9 | 80 |
Jul 13, 2026
$725,000
Initial Listing