
Encino, California 91436
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $1,179,000—positioned well below the $1,308,769 Fair Market Value by 9%. This valuation gap offers $129,769 in Instant Equity for the buyer. With a Condition Rating of 3, the home features a Private Pool and Spa and significant ADU Potential via side-street access. Located near top-rated schools like Kester Avenue Elementary, this property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build long-term wealth through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5521 Mclennan Subject | $1,179,000* List Price | 3 | 3 | 1,848 | $708 | - |
A 16753 Magnolia Sold | $1,060,000 | 3 | 2 | 1,534 | $691 | 0.4 mi |
B 16851 Weddington Street Sold | $1,050,000 | 3 | 2 | 1,458 | $720 | 0.3 mi |
C 16839 Weddington Street Active | $1,149,000 List Price | 3 | 2 | 1,478 | $777 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1954, the home is well-maintained and move-in ready with recent cosmetic upgrades including new laminate flooring, recessed lighting, and fresh paint. The kitchen and bathrooms appear to have been renovated approximately 15-20 years ago with honey oak cabinetry and granite-look counters, making them functional but dated, which aligns with the listing's suggestion for further cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7762, living area = 1848.
Elementary School: Roscomare Road Elementary School (9/10).
The corner lot configuration with side street garage access and an attached bonus room offers exceptional potential for an ADU, home office, or studio conversion.
The home needs significant cosmetic updates and personal touches, which will require additional immediate capital investment from the buyer.
As a 1954 build, the property may feature older systems and a layout that requires modernization to meet current luxury standards in the Encino market.
Welcome to this spacious 3 bedroom, 3 bathroom home located in one of Encino's most sought after neighborhoods. Situated on a desirable corner lot, this home offers an exceptional floor plan with expansive living spaces, abundant natural light, and endless potential. The oversized primary suite features direct access to the backyard, where you'll find a private pool and spa surrounded by mature landscaping, creating the perfect setting for relaxing or entertaining. The side street garage access offers excellent ADU potential (buyer to verify), while a small bonus room attached to the garage provides additional flexibility for a home office, gym, studio, or extra storage. While the home could benefit from the right cosmetic updates and personal touches, its outstanding layout, generous lot, and prime location provide an incredible opportunity to create your dream home. Conveniently located near Balboa Golf Course, parks, shopping, dining, and major freeway access, this is a rare opportunity to own in one of Encino's most desirable pockets.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 1.7 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.4 |
| Baths | 3.0 | 4.4 |
| Square foot | 1,848 | 3,314.903 |
| Lot Size | 7,762 | 14,363.639 |
| Price | $1.18M | $2.57M |
| Price per sq ft | $638 | $792 |
| Built year | 1954 | 1966 |
| HOA | $0 | $443 |
| Days on market | 23 | 54 |
Aug 20, 2026
$1,179,000
Initial Listing
Aug 17, 2026
$1,790,000
Initial Listing
Oct 15, 2004
$610,000
Public Record
Apr 16, 2004
$425,000
Public Record