
Encino, California 91316
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,599,000—positioned well below the $1,635,585 Fair Market Value by 2%. This valuation gap offers $36,585 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home boasts a modern open-concept kitchen and high-end finishes. Located near Balboa Lake, this property offers a premium lifestyle for discerning homeowners or professional families seeking a move-in ready sanctuary in a prime Encino neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5919 Encino Avenue Subject | $1,599,000* List Price | 4 | 4 | 2,250 | $727 | - |
A 5741 Ostrom Sold | $1,750,000 | 4 | 3 | 2,251 | $777 | 0.5 mi |
B 5940 Shoshone Sold | $1,745,000 | 3 | 3 | 1,972 | $885 | 0.1 mi |
C 17336 Collins Street Sold | $1,505,000 | 4 | 3 | 1,936 | $777 | 0.4 mi |
D 17469 Bullock Street Sold | $1,658,000 | 5 | 4 | 2,006 | $827 | 0.1 mi |
E 17320 Tiara Street Sold | $1,379,000 | 3 | 3 | 1,700 | $811 | 0.3 mi |
F 5910 Alonzo Sold | $1,189,000 | 3 | 2 | 1,600 | $743 | 0.4 mi |
G 5944 Lasaine Active | $1,689,500 List Price | 4 | 4 | 2,431 | $695 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1949, the property has undergone a comprehensive, high-end renovation that places it in mint condition. The interior features a modern open-concept kitchen with quartz countertops, designer-tiled bathrooms, vaulted ceilings with recessed lighting, and updated flooring and fixtures throughout. The 'turnkey' status and contemporary aesthetic indicate that all major systems (HVAC, electric) have been modernized, requiring no maintenance.
The property is move-in ready and beautifully updated, offering a modern aesthetic and high-quality finishes that appeal to buyers seeking a maintenance-free transition.
Featuring soaring ceilings and an open floor plan, the layout maximizes natural light and creates a seamless indoor-outdoor flow ideal for the Southern California lifestyle.
Situated on a quiet, tree-lined street, the home offers exceptional convenience with close proximity to Balboa Lake, parks, golf courses, and highly-rated schools.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
At 5,482 square feet, the lot is relatively small for the area, which may limit outdoor recreational space or future expansion possibilities compared to neighboring properties.
With 45 days on the market and a recent price reduction from the original list price, the property may be facing challenges in meeting initial buyer valuation expectations.
Move-in ready and beautifully updated, this 4-bedroom, 4-bath Encino home is designed for the way today's families truly live. Soaring ceilings, abundant natural light, and an open floor plan create an effortless connection between the spacious kitchen, inviting living areas, and private backyardperfect for the indoor-outdoor lifestyle Southern California is known for. The luxurious primary suite features dual walk-in closets, while the versatile layout easily accommodates a home office, playroom, or guest space. Located on a quiet, tree-lined street just minutes from Balboa Lake, parks, golf, shopping, dining, and excellent schools, this turnkey home offers exceptional comfort, convenience, and lasting value in one of Encino's most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.4 |
| Baths | 4.0 | 4.4 |
| Square foot | 2,250 | 3,314.903 |
| Lot Size | 5,482 | 14,363.639 |
| Price | $1.60M | $2.57M |
| Price per sq ft | $711 | $792 |
| Built year | 1949 | 1966 |
| HOA | $0 | $443 |
| Days on market | 63 | 54 |
Jul 31, 2026
$1,599,000
$1,649,000
-3% Price Drop
Initial Listing
Jul 8, 2026
$1,649,000
Initial Listing
Dec 4, 2019
$1,035,000
Public Record
Mar 18, 2019
$575,000
Public Record