RealKey
‪(213) 433-7766‬

17968 Martha Street, Encino, California 91316, Encino, 91316 - 2 bed, 1 bath

17968 Martha Street, Encino, California 91316 home-pic-0
ACTIVE$945,000
17968 Martha Street, Encino, California 91316
2Beds
1Bath
781Sqft
5,557Lot

Price Vs. Estimate

The estimated value ($769,478.15) is $175,521.85 (18%) lower than the list price ($945,000). This property may be overpriced.

Key pros and cons

Top Pros:
ADU & Expansion Potential: The property offers significant potential for future growth, including the opportunity to add an Accessory Dwelling Unit (ADU) or a third bedroom, enhanced by private alley access.
Top Cons:
Small Living Space: With only 781 sqft, the home offers limited living space, which may be a constraint for some buyers or families.

Compared to the nearby listings

Price:$945.0K vs avg $1.45M ($-505,000)13%
Size:781 sqft vs avg 2,192 sqft5%
Price/sqft:$1.2K vs avg $74599%

More Insights

Built in 1949 (76 years old).
Condition: Despite being built in 1949, the property is move-in ready with no immediate renovations required. The kitchen and bathroom have been recently and tastefully updated with modern touches, including white shaker cabinets, stainless steel appliances, modern countertops, subway tile backsplashes, and contemporary fixtures. Hardwood flooring throughout the main living areas and bedrooms appears well-maintained, contributing to a clean and appealing aesthetic. While not a full, extensive renovation of the entire property, the critical areas are in excellent condition, aligning with the 'Good' score criteria.
Year Built
1949
Close
-
List price
$945K
Original List price
$945K
Price/Sqft
$1,210
HOA
-
Days on market
-
Sold On
-
MLS number
SR25051158
Home ConditionGood
Features
Patio
View-

About this home

Nestled in a quiet neighborhood, this cozy 2-bedroom, 1-bathroom home at 17968 Martha St offers the perfect blend of comfort and character. With 781 sqft of thoughtfully designed living space, this home features warm natural light, an inviting living area, and beautiful original details. The kitchen is compact yet functional, with modern touches that make it ideal for cooking and entertaining. The two bedrooms provide a peaceful retreat, while the backyard offers a private outdoor space for relaxation or gardening. Additional highlights include an attached garage for added convenience and storage, as well as the potential to expand and potential for future growth. With private access from the alley, there's an opportunity to add an accessory dwelling unit (ADU) or even a third bedroom Whether you’re a first-time homebuyer or looking to downsize, this home is the perfect opportunity to embrace a laid-back California lifestyle in the desirable Encino area.

Condition Rating
Good
Despite being built in 1949, the property is move-in ready with no immediate renovations required. The kitchen and bathroom have been recently and tastefully updated with modern touches, including white shaker cabinets, stainless steel appliances, modern countertops, subway tile backsplashes, and contemporary fixtures. Hardwood flooring throughout the main living areas and bedrooms appears well-maintained, contributing to a clean and appealing aesthetic. While not a full, extensive renovation of the entire property, the critical areas are in excellent condition, aligning with the 'Good' score criteria.
Pros & Cons

Pros

ADU & Expansion Potential: The property offers significant potential for future growth, including the opportunity to add an Accessory Dwelling Unit (ADU) or a third bedroom, enhanced by private alley access.
Desirable Location: Nestled in the highly sought-after Encino area, the home benefits from a desirable and established neighborhood.
Quiet Neighborhood Setting: The home is situated in a quiet neighborhood, providing a peaceful and comfortable living environment.
Private Outdoor Space: A private backyard offers dedicated outdoor space for relaxation, gardening, or entertaining.
Original Charm & Character: The home retains beautiful original details and a blend of comfort and character, appealing to buyers seeking unique charm.

Cons

Small Living Space: With only 781 sqft, the home offers limited living space, which may be a constraint for some buyers or families.
Potential Overpricing: The listing price of $945,000 is notably higher than the estimated property value of $769,478.15, potentially impacting market competitiveness.
Limited Bathrooms: The property features only one bathroom, which can be a functional limitation for a 2-bedroom home and a common deterrent for buyers.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state