
Encino, California 91436
This High-Potential Value-Add Asset is a short sale listed at $1,395,000, aligning with its $1,392,651 Fair Market Value. Currently in Total Rehab Condition, this residence serves as a premier canvas for a luxury transformation. The property boasts a Private Pool, a spacious 2,380 sqft layout, and panoramic City Light Views. Located in a prestigious Encino pocket, it offers access to Top-Rated Schools including Roscomare Road Elementary (9/10) and Lanai Road Elementary (8/10). This is an optimal acquisition for Fix-and-Flip Investors or Contractors seeking to unlock significant ROI through a full-scale renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4602 Hurford Terrace Subject | $1,395,000* List Price | 4 | 3 | 2,380 | $600 | - |
A 4846 Gaviota Avenue Sold | $1,435,500 | 4 | 3 | 2,418 | $594 | 0.4 mi |
B 15550 Otsego Street Pending | $1,199,999 List Price | 3 | 2 | 1,677 | $716 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly marketed as a 'total rehab' and 'fixer-upper' requiring substantial rehabilitation. Built in 1962, the home features a completely outdated kitchen and bathrooms, significant interior neglect, and likely requires major system overhauls, fitting the criteria for a property with significant defects and deferred maintenance.
Elementary School: Roscomare Road Elementary School (9/10).
Nestled in a highly desirable Encino neighborhood south of Ventura Boulevard, the property is zoned for top-tier schools including Lanai Road Elementary, ensuring long-term value and appeal.
Priced significantly below renovated comparable sales in the area, this property represents a premier 'value-add' opportunity for investors or contractors to build immediate equity through a full renovation.
The property requires a total rehab and is being sold in its current condition, necessitating a buyer with significant liquid capital and experience in large-scale construction projects.
As a short sale subject to lender approval, the purchase process may involve extended timelines, third-party negotiations, and potential uncertainty regarding the final closing date.
Price slash! Total rehab needed. Short sale–seller says bring offers, but lender will have final say. Contractor dream or fixer-upper lover’s chance. Multiple offers anticipated–act fast! Priced well below renovated comps! Lender approval needed. Motivated seller-bring your best offer, all cash preferred to expedite but not absolute. This home isn’t about ready-made perfection; it’s about opportunity—to tailor spaces to your needs, infuse modern flair, and unlock hidden value. Imagine sun-dappled mornings in a re-imagined kitchen, alfresco dinners in the gazebo, or a serene reading nook overlooking leafy views. Privately set yet minutes from Mulholland Drive, Ventura Boulevard’s shops and dining, local hiking trails, and recreation, this residence is as well-located as it is full of promise. Nestled in a sought-after school district with easy freeway access, the canvas is set—are you ready to create your masterpiece?
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.8 mi
Grades K-5 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 45% |
| Square foot | 2,380 | 3,193 | 31% |
| Lot Size | 6,668 | 13,979 | 13% |
| Price | $1.40M | $2.36M | 11% |
| Price per sq ft | $586 | $713 | 15% |
| Built year | 1962 | 1962 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 168 | 3% |
Mar 10, 2026
$1,395,000
Initial Listing
Aug 1, 2001
$430,000
Public Record