
Encino, California 91316
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well below the $850,672 Fair Market Value by -5%. Featuring a Condition Rating of 5, this asset requires a full interior and systems rehab, offering significant upside for those capable of executing a value-add strategy. The 6,403 sqft lot provides excellent potential for expansion or ADU development in a prime Encino location. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a high-demand project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5862 Alonzo Subject | $899,000* List Price | 2 | 1 | 1,040 | $818 | - |
A 5924 Lindley Avenue Sold | $825,000 | 2 | 1 | 1,178 | $700 | 0.3 mi |
B 6001 Jellico Avenue Sold | $912,000 | 2 | 1 | 926 | $985 | 0.3 mi |
C 17900 Martha Street Sold | $940,000 | 2 | 1 | 1,062 | $885 | 0.3 mi |
D 17526 Miranda Street Sold | $855,000 | 2 | 1 | 1,053 | $812 | 0.4 mi |
E 18049 Burbank Boulevard Sold | $825,000 | 3 | 2 | 1,269 | $650 | 0.4 mi |
F 17634 Bromley Street Pending | $899,000 List Price | 2 | 1 | 1,003 | $896 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1949 and marketed specifically to investors and flippers, this property shows significant age with a dated kitchen and bathroom that likely haven't been renovated in over 30 years. The cracked driveway and original-style finishes indicate a need for a full rehab of systems and interiors.
Situated in the highly desirable Encino Park neighborhood, the property offers excellent proximity to Ventura Boulevard’s premier shopping and dining, as well as the Sepulveda Basin Recreation Area.
The generous 6,403-square-foot lot provides ample space for potential expansions, outdoor living enhancements, or the addition of an Accessory Dwelling Unit (ADU).
Marketed as a prime candidate for investors and flippers, this property offers significant equity upside for those looking to renovate and modernize a home in a high-demand area.
The home requires significant 'TLC' and professional contracting work, which will necessitate a substantial additional budget beyond the purchase price to make it habitable or market-ready.
With only 2 bedrooms, 1 bathroom, and 1,040 square feet of living space, the current layout is relatively small for the area and may require a costly expansion to meet modern family needs.
Calling all investors, flippers, and first-time buyers! An exceptional opportunity in charming Encino Park to bring your vision to life. This 2-bedroom, 1-bath home is ready for some TLC and offers tons of potential on a huge lot in an established and highly desirable neighborhood. Whether you're looking for your next investment project, a value-add opportunity, or a chance to create your own home, this property offers the space and location to make it happen. Enjoy the best of Encino with convenient access to Ventura Boulevard's shopping, dining, and everyday amenities, while being just moments from the expansive Sepulveda Basin Recreation Area, featuring parks, golf courses, sports facilities, walking and biking paths, and beautiful open space. Huge lot + prime Encino location + tremendous upside = an opportunity not to be missed. Bring your contractor, your imagination, and your vision. This is the kind of property you've been waiting for!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.4 |
| Baths | 1.0 | 4.4 |
| Square foot | 1,040 | 3,314.903 |
| Lot Size | 6,403 | 14,363.639 |
| Price | $899.0K | $2.57M |
| Price per sq ft | $864 | $792 |
| Built year | 1949 | 1966 |
| HOA | $0 | $443 |
| Days on market | 7 | 54 |
Sep 2, 2026
$899,000
Initial Listing