
Encino, California 91316
This Turnkey Contemporary Residence is a High-Potential Investment Opportunity, listed at $1,699,000—positioned above the $1,484,354 Fair Market Value. While priced for its premium location, the property offers significant long-term upside through its 7,008 sqft lot and Permitted ADU, which provides immediate rental income potential. Featuring a Condition Rating of 2 with high-end finishes like wide-plank oak flooring and a chef's kitchen, this home is move-in ready. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, modern Encino lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5143 Newcastle Avenue Subject | $1,699,000* List Price | 4 | 3 | 1,568 | $947 | - |
A 18033 Rosita Street Sold | $1,550,000 | 4 | 3 | 1,898 | $817 | 0.4 mi |
B 5119 Enfield Avenue Active | $1,526,000 List Price | 3 | 2 | 1,305 | $1,169 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive contemporary remodel within the last 5 years. It features a high-end chef's kitchen with quartz countertops and stainless appliances, modern spa-inspired bathrooms with designer tile, wide-plank oak flooring, and a fully permitted ADU, all in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7008, living area = 1568.
Ideally situated south of the boulevard in a highly coveted Encino neighborhood, offering prestige and strong long-term investment potential.
Features a fully permitted ADU with its own kitchen and bathroom, providing versatile options for rental income, a guest suite, or a private home office.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1568, other record living area = 1468.
With only 1,568 square feet of living space, the home is relatively compact for the $1.699M price point compared to other offerings in the area.
The property lacks any significant scenic views, which may be a drawback for buyers seeking the elevated vistas often associated with premium Encino hillside locations.
Experience elevated California living in this exquisitely remodeled, fully furnished single-story contemporary residence, ideally situated south of the boulevard in one of Encino's most coveted neighborhoods. Blending refined design with effortless comfort, this exceptional 3-bedroom, 3-bath home offers both immediate livability and remarkable future potential. Step inside to an airy, light-filled interior highlighted by wide-plank oak flooring, clean architectural lines, and an abundance of natural light that enhances the home's modern aesthetic. The chef's kitchen is both sleek and functional, featuring stainless steel appliances, a 5-burner gas range, farmhouse sink, expansive quartz countertops, and generous cabinetry with a dedicated pantry perfectly designed for everyday living and entertaining alike. The adjacent dining area, framed by charming bay windows, creates a warm and inviting setting for gatherings, while a convenient service entrance adds an extra layer of practicality. The primary suite offers a serene retreat, complete with a spa-inspired en-suite bath and a spacious walk-in closet. The outdoors is a private, lush backyard that unfolds across approximately 7,000 square feet, featuring a mature orange tree and ample space for entertaining, relaxation, or the addition of a pool. Positioned between two larger neighboring homes, the property presents a rare opportunity to expand whether through a second story, increased footprint, or further customization. Enhancing its versatility, a permitted ADU with its own kitchen, bathroom, and living area offers exceptional flexibility as a guest house, executive office, or income-producing rental. A gated driveway with parking for up to four vehicles completes the offering, delivering both privacy and convenience. This is a rare opportunity to own a thoughtfully designed home that seamlessly combines modern elegance, everyday functionality, and long-term upside in one of Encino's premier locations.
No exterior & parking available.
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 | 1,568 | 2,440 | 22% |
| Lot Size | 7,008 | 6,753 | 51% |
| Price | $1.70M | $1.86M | 44% |
| Price per sq ft | $1.1K | $747 | 92% |
| Built year | 1948 | 1956 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 150 | 3% |
May 28, 2026
$1,699,000
Initial Listing
Apr 22, 2022
$1,540,000
Public Record
Jan 28, 2021
$925,000
Public Record
Sep 29, 2020
$770,000
Public Record