5972 Jamieson Avenue, Encino, California 91316, Encino, 91316 - 8 bed, 8 bath
5972 Jamieson Avenue
Encino, California 91316
Property Price
SUMMARY
Analysis of 5972 Jamieson Avenue, Encino, California 91316 reveals a Fairly Priced Property with a current list price of $2,400,000 aligned with the estimated $2,442,598 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Encino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5972 Jamieson Avenue Subject | $2,400,000* List Price | 8 | 8 | 3,490 | $700 | - |
A 5935 Yarmouth Avenue Active | $2,199,000 List Price | 6 | 8 | 3,105 | $708 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite the original build year of 1949, the listing explicitly states the property is a 'newly built, fully upgraded four-plex' with 'Brand-new plumbing, electrical, sewer lines, HVAC systems, roof, and gutters.' The images confirm modern interior and exterior finishes throughout all units, including contemporary kitchens with new stainless steel appliances, stylish bathrooms with glass-enclosed showers and modern vanities, and new wood-look flooring. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Income Potential
The property offers significant rental income potential of $13,500+ monthly from four distinct units, providing strong cash flow and multiple income streams.
- Extensive Modern Upgrades
Recently 'newly built' and 'fully upgraded' with brand-new plumbing, electrical, HVAC systems, roof, and modern interior/exterior finishes, ensuring a turnkey investment with minimal immediate capital expenditure.
- Prime Encino Location
Situated in a highly desirable Encino neighborhood, offering strong long-term appreciation potential and attracting quality tenants.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3490, other record living area = 806. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 2.
- Substantial Capital Outlay
The $2.4 million list price represents a significant initial investment, potentially narrowing the buyer pool to those with substantial capital or robust financing capabilities.
- Limited Individual Outdoor Space
With four units on a 5500 sqft lot, private outdoor areas for each unit, beyond a small backyard or balcony for some, may be constrained, which could be a drawback for certain tenants.
About 5972 Jamieson Avenue
INCREDIBLE FOUR-PLEX OPPORTUNITY IN PRIME ENCINO! Four separate homes on one lot with $13,500+ monthly rental income potential. Welcome to 5972 & 5974 Jamieson Ave and 17814 & 17816 Bullock St. A rare opportunity to own a newly built, fully upgraded four-plex in one of Encino’s most desirable pockets. Ideal for investors seeking strong cash flow and long-term appreciation, or owner-users looking for space, privacy, and income potential to help offset their mortgage. This unique property offers approximately 3,500 sq ft of living space, featuring 8 bedrooms and 8 bathrooms, with four separate units, each with its own private entrance. Unit Breakdown: 5972 Jamieson Ave (Main House): 1,330 sq ft | 3 Beds | 3 Baths Vaulted ceilings, open kitchen with large island, full appliance package, master bedroom walk-in closet, and in-unit washer and dryer. 5974 Jamieson Ave (Junior ADU): 440 sq ft | 1 Bed | 1 Bath Full kitchen, modern layout, in-unit washer and dryer, with its own separate street access. 17814 Bullock St (SB9 Unit): 860 sq ft | 2 Beds | 2 Baths High ceilings, solar system, private backyard, open kitchen with island, full appliances, and in-unit washer and dryer. 17816 Bullock St (ADU): 860 sq ft | 2 Beds | 2 Baths Vaulted ceilings, valley views, balcony, solar system, open kitchen with island, full appliances, and in-unit washer and dryer. Property Highlights: Brand-new plumbing, electrical, sewer lines, HVAC systems, roof, and gutters. Smooth stucco exterior; new doors and windows. Modern interior and exterior finishes. All units feature modern finishes throughout. All units feature large modern swing windows with roll-up shades. New landscaping and hardscaping, Fire sprinkler systems in all units, Separate electric meters and private entrances, Noritz tankless gas water heaters for main house and JADU, Rheem electric water heaters for SB9 and ADU. The SB9 and ADU enjoy separate front street access for added privacy and convenience. This is a rare opportunity to own a turnkey, newly constructed four-plex with multiple income streams in a highly desirable Encino location. Don’t miss your chance to own this exceptional income-producing property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 5,500 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 8 (8 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 4.0 | 99% |
| Baths | 8.0 | 3.0 | 96% |
| Square foot | 3,490 | 1,928 | 83% |
| Lot Size | 5,500 | 6,002.5 | 14% |
| Price | $2.40M | $1.36M | 81% |
| Price per sq ft | $688 | $744 | 35% |
| Built year | 1949 | 1954 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 169 | 1% |
Pricing History
Listed for Sale
Jan 25, 2026
$2,400,000
Initial Listing
Sold
Dec 5, 2024
$852,000
Public Record