
Encino, California 91316
This Newly Renovated Residence is a Strong Value Opportunity, listed at $1,215,000—positioned well below the $1,300,054 Fair Market Value by 6%. This valuation gap offers $85,054 in Instant Equity. Boasting an Excellent Condition Rating, the home features modern finishes, stone countertops, and a transformed primary suite with a permit to revert to an ADU for rental income. The property includes a landscaped patio and mature fruit trees in a prime Encino pocket. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey asset with house-hacking potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5822 Lindley Avenue Subject | $1,165,000* List Price | 4 | 3 | 1,740 | $698 | - |
A 17642 Calvert Street Sold | $1,299,900 | 4 | 3 | 1,611 | $807 | 0.6 mi |
B 6017 Encino Avenue Sold | $1,375,000 | 4 | 4 | 1,804 | $762 | 0.7 mi |
C 17908 Califa Street Sold | $1,260,000 | 3 | 3 | 1,834 | $687 | 0.2 mi |
D 17448 Collins Street Sold | $1,125,000 | 4 | 2 | 1,643 | $685 | 0.8 mi |
E 17941 17941 Emelita Sold | $1,155,000 | 3 | 2 | 1,995 | $579 | 0.2 mi |
F 6160 Shoshone Avenue Active | $1,369,000 List Price | 4 | 3 | 1,609 | $851 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that brings it up to modern standards. The kitchen features new stainless steel appliances, contemporary cabinetry, and stone countertops. Bathrooms have been fully updated with new tiling, vanities, and fixtures. With new flooring throughout, recessed lighting, and a transformed primary suite, the home is in move-in ready condition with no visible deferred maintenance, qualifying it for an excellent rating despite its 1949 original build date.
The property includes a permit to convert the primary suite back into an ADU, providing excellent flexibility for rental income or a private guest house.
Recently updated with modern finishes and a transformed primary suite, this home is move-in ready, offering a contemporary living experience in a classic structure.
Located in a prime Encino neighborhood, the home offers convenient access to premium shopping, dining, and major freeways, enhancing its lifestyle appeal.
Originally built in 1949, the property may possess older foundational or mechanical elements that could require maintenance compared to newer builds.
With a lot size of approximately 6,121 square feet, outdoor space is somewhat constrained, which may be a drawback for buyers seeking expansive yards.
A $50,000 price drop has just been made, enhancing value and positioning this Encino home more competitively in the current market! Newly Renovated and Now Back on the Market, this residence offers four bedrooms and three full bathrooms, including a newly transformed primary suite. Formerly an ADU, the suite now features a brand-new bathroom, spacious walk-in closet, and private enclosed courtyard, creating a peaceful, private retreat. The interiors are bright and open, with thoughtful updates and modern finishes throughout, making the home truly move-in ready. Outside are different fruit trees and landscaped grounds provide a serene setting for relaxing or entertaining. Located in a highly desirable Encino neighborhood, the home is close to shops, dining, and easy freeway access. Additionally, the property includes a permit to convert the primary suite back into an ADU, offering flexibility for a guest space or rental opportunity.
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 | 3.0 | 50% |
| Square foot | 1,740 | 2,107 | 38% |
| Lot Size | 6,121 | 6,121 | 50% |
| Price | $1.17M | $1.43M | 32% |
| Price per sq ft | $670 | $801 | 27% |
| Built year | 1949 | 1955 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 159 | 15% |
Mar 23, 2026
$1,165,000
$1,215,000
-4% Price Drop
Initial Listing
Feb 2, 2026
$1,215,000
Initial Listing
May 23, 2022
$700,000
Public Record