5266 Forbes Avenue, Encino, California 91436, Encino, 91436 - 3 bed, 2 bath
ACTIVE$1,374,000$1,410/sqft
Est. Value: $1,062,671
-22%
AboveEstimate
5266 Forbes Avenue, Encino, California 91436
3Beds
2Baths
1,410Sqft
5,615Lot
Price Vs. Estimate
The estimated value ($1,062,671.24) is $311,328.76 (22%) lower than the list price ($1,374,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Roscomare Road Elementary School (9/10).
Top Cons:
Potential Overpricing: The listing price of $1.374M is significantly higher (approximately 22%) than the estimated property value of $1.06M, suggesting it may be overpriced relative to current market data.
Compared to the nearby listings
Price:$1.37M vs avg $2.36M ($-986,000)6%
Size:1,410 sqft vs avg 3,386 sqft2%
Price/sqft:$974 vs avg $73894%
More Insights
Built in 1952 (74 years old).
Condition: Despite being built in 1952, this property has undergone a recent and extensive renovation, transforming it into a 'Modern farmhouse appeal' home. The description highlights a 'remodeled kitchen, featuring stunning quartz counters and new appliances,' 'new vinyl/wood flooring,' 'elegant molding, recessed lighting, and fresh paint inside and out.' The phrase 'Every detail of this dream home has been meticulously renovated with love' strongly indicates that all components are new or virtually new, meeting current quality standards and presenting as move-in ready with no deferred maintenance.
Year Built
1952
Close
-
List price
$1.37M
Original List price
$1.4M
Price/Sqft
$974
HOA
-
Days on market
-
Sold On
-
MLS number
PW25006050
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Trees/Woods
Patio
ViewPark/Greenbelt, Trees/Woods
About this home
** BACK ON THE MARKET** Beautiful Modern farmhouse appeal in this upgraded home in a prime location! Nestled in a sought-after Encino neighborhood just blocks from Ventura Blvd, this beautifully updated 3-bedroom, 2-bathroom home offers 1,470 square feet of light-filled living space, perfect for modern living and entertaining. The heart of the home is the remodeled kitchen, featuring stunning quartz counters and new appliances. This home features new vinyl/wood flooring, elegant molding, recessed lighting, and fresh paint inside and out. Every detail of this dream home has been meticulously renovated with love. There are too many upgrades to mention. Please click on the photos to view more of your next home.
R
Ryan Meltcher
Listing Agent
Nearby schools
8/10
Lanai Road Elementary School
Public,•K-5•1.3mi
5/10
Lemay Street Elementary School
Public,•K-5•2.0mi
6/10
Lemay Street Elementary School
Public,•K-5•2.1mi
6/10
Newcastle Elementary School
Public,•K-5•2.2mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.4mi
9/10
Roscomare Road Elementary School
Public,•K-5•3.8mi
5/10
Brentwood Science School
Public,•K-5•8.1mi
5/10
William Mulholland Middle School
Public,•6-8•1.6mi
3/10
William Mulholland Middle School
Public,•6-8•1.9mi
6/10
Gaspar De Portola Middle School
Public,•6-8•2.4mi
2/10
Van Nuys Middle School
Public,•6-8•2.7mi
4/10
Reseda Senior High School
Public,•9-12•2.4mi
6/10
Van Nuys Senior High School
Public,•9-12•2.9mi
6/10
University Senior High School
Public,•9-12•8.6mi
6/10
University Senior High School Charter
Public,•9-12•8.6mi
Condition Rating
Excellent
Despite being built in 1952, this property has undergone a recent and extensive renovation, transforming it into a 'Modern farmhouse appeal' home. The description highlights a 'remodeled kitchen, featuring stunning quartz counters and new appliances,' 'new vinyl/wood flooring,' 'elegant molding, recessed lighting, and fresh paint inside and out.' The phrase 'Every detail of this dream home has been meticulously renovated with love' strongly indicates that all components are new or virtually new, meeting current quality standards and presenting as move-in ready with no deferred maintenance.
Pros & Cons
Pros
Great Schools: Elementary School: Roscomare Road Elementary School (9/10).
Prime Encino Location: Nestled in a sought-after Encino neighborhood just blocks from Ventura Blvd, offering convenience and high desirability.
Extensive Modern Renovations: Beautifully updated with a remodeled kitchen featuring stunning quartz counters and new appliances, new vinyl/wood flooring, elegant molding, recessed lighting, and fresh paint inside and out, making it move-in ready.
Modern Farmhouse Aesthetic: The property boasts a 'Modern farmhouse appeal,' a highly desirable and trendy design style that enhances marketability.
Light-Filled Living Space: The description highlights 'light-filled living space,' which is a significant positive for buyer appeal and comfort.
Pleasant Views: Offers 'Park/Greenbelt, Trees/Woods' views, providing a serene and appealing backdrop.
Cons
Potential Overpricing: The listing price of $1.374M is significantly higher (approximately 22%) than the estimated property value of $1.06M, suggesting it may be overpriced relative to current market data.
Modest Square Footage for Price Point: With 1410 sqft, the living space is relatively modest for its asking price in the Encino market, potentially limiting its appeal to buyers seeking more expansive homes.
Unspecified Major System Upgrades: Despite extensive cosmetic renovations, the property was built in 1952. The description does not explicitly detail upgrades to major systems like HVAC, plumbing, or electrical, which could raise concerns for buyers about the long-term condition and efficiency of the core infrastructure.