
Encino, California 91316
This property presents a High-Potential Investment Opportunity with a List Price of $1,999,999—positioned well below the $2,074,306 Fair Market Value by 3%. This valuation gap offers $74,307 in Instant Equity. Featuring a Fair Condition Rating (1955 build), the home offers significant upside through modernization. Key features include an 18,201 sq. ft. lot, a detached guesthouse, and a private swimming pool. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to renovate in the prestigious Amestoy Estates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5412 Encino Ave. Subject | $1,999,999* List Price | 5 | 3 | 3,557 | $583 | - |
A 17616 Corinthian Drive Sold | $2,190,000 | 4 | 4 | 3,127 | $700 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 (69 years old) with no mention of recent renovations to kitchens, bathrooms, or major systems. The description uses industry euphemisms like 'great bones' and 'opportunity to make it your own,' which typically indicate a property requires a full rehab rather than minor updates.
Situated in the prestigious Amestoy Estates on an over 18,000-square-foot lot, providing rare privacy and significant space for expansion or redevelopment in a high-demand neighborhood.
The property includes a detached pool house converted into a full guesthouse with a kitchenette and bathroom, offering excellent potential for multi-generational living, a home office, or rental income.
The single-story layout and primary suite offer direct access to a lush backyard with a large swimming pool and mature landscaping, perfectly capturing the quintessential California entertaining lifestyle.
Built in 1955 and marketed with 'endless possibilities,' the home likely requires significant capital investment to update its systems and finishes to meet contemporary luxury standards.
The property does not offer the panoramic or hillside views frequently desired in the Encino luxury market, which may limit its appeal compared to nearby elevated estates.
A Rare Opportunity in Amestoy Estates Tucked into the desirable Amestoy Estates neighborhood, this single-story 5-bedroom, 3-bathroom home is a true gem with great bones, an inviting layout, and endless possibilities. Set on an approximately 18,201 square-foot lot with 3,557 square feet of living space, the home offers the kind of indoor-outdoor connection that makes California living so special. Natural light fills the living room, den, and primary bedroom, while double doors from the spacious primary suite open directly to the backyard. Designed with entertaining in mind, the home's generous floor plan flows effortlessly into a lush outdoor retreat featuring a large swimming pool, mature trees, vibrant flowers, multiple seating areas, and room to create a garden. The property also features olive, tangelo, grapefruit, lime, Key lime, and Eureka lemon trees. Adding even more versatility is a detached pool house converted to a guesthouse, complete with a bedroom, bathroom, and kitchenette—ideal for extended guests, a private retreat, or additional living space. Located on a quiet street in a neighborhood experiencing exciting new development, the property offers both the charm of an established setting and the opportunity to make it your own. With a two-car garage, driveway, expansive backyard, and potential for future improvements, this is a home where lifestyle, flexibility, and possibility come together. Property sold as-is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.4 |
| Baths | 3.0 | 4.4 |
| Square foot | 3,557 | 3,314.903 |
| Lot Size | 18,201 | 14,363.639 |
| Price | $2.00M | $2.57M |
| Price per sq ft | $562 | $792 |
| Built year | 1955 | 1966 |
| HOA | $0 | $443 |
| Days on market | 2 | 54 |
Sep 7, 2026
$1,999,999
Initial Listing