5521 Mclennan, Encino, California 91436, Encino, 91436 - 3 bed, 3 bath
Loading property details...
Encino, California 91436
This property presents a High-Potential Investment Opportunity with a List Price of $1,299,000—positioned well below the $1,332,018 Fair Market Value by 2%. This valuation gap offers $33,018 in Instant Equity. Featuring a Fair Condition Rating, the home offers significant upside through cosmetic updates. The corner lot with side street garage access provides excellent ADU potential, while the private pool and spa enhance long-term value. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity in a prime Encino location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5521 Mclennan Subject | $1,299,000* List Price | 3 | 3 | 1,848 | $721 | - |
A 16851 Weddington Street Sold | $1,050,000 | 3 | 2 | 1,458 | $720 | 0.3 mi |
B 16753 Magnolia Sold | $1,060,000 | 3 | 2 | 1,534 | $691 | 0.4 mi |
C 5231 Whitaker Avenue Sold | $1,250,000 | 3 | 2 | 1,866 | $670 | 0.4 mi |
D 5546 Mclennan Active | $1,299,900 List Price | 3 | 3 | 1,688 | $770 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1954 and features kitchen and bathroom renovations that appear to be 20-25 years old, characterized by dated honey oak cabinetry and older tile work. While the living areas have been refreshed with newer laminate flooring and recessed lighting, the listing description confirms the home needs cosmetic updates and personal touches to reach its potential.
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 property features a corner lot with side street garage access and an attached bonus room, offering significant potential for an ADU conversion, home office, or creative studio.
The home requires cosmetic updates and personal touches throughout, which may necessitate an immediate additional budget for renovations after purchase.
Built in 1954, the property likely requires modernization of its original systems and infrastructure to meet contemporary efficiency and safety standards.
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 | 5.0 |
| Baths | 3.0 | 5.0 |
| Square foot | 1,848 | 3,822 |
| Lot Size | 7,762 | 15,887 |
| Price | $1.30M | $2.45M |
| Price per sq ft | $703 | $778 |
| Built year | 1954 | 1976 |
| HOA | $0 | $504 |
| Days on market | 26 | 56 |
Jun 26, 2026
$1,299,000
Initial Listing
Oct 15, 2004
$610,000
Public Record
Apr 16, 2004
$425,000
Public Record