
Encino, California 91316
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,259,900. While currently priced above the $1,214,752 Fair Market Value, the property offers significant long-term upside through its 11,000 SF Oversized Lot and ADU Potential. With a Condition Rating of 4, the home provides immediate livability while inviting cosmetic modernization to drive future appreciation. The expansive backyard and flexible 4-bedroom layout cater to those seeking space and utility. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants focused on value-add expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6110 Shoshone Avenue Subject | $1,259,900* List Price | 4 | 3 | 1,612 | $754 | - |
A 6233 Zelzah Active | $1,199,000 List Price | 3 | 2 | 1,606 | $747 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, the property features kitchen and bathroom updates that appear to be 20+ years old (early 2000s style). While the home is well-maintained and functional for immediate occupancy, the finishes—including raised-panel wood cabinetry, tile countertops, and older fixtures—are dated and align with the criteria for a property needing eventual modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10999, living area = 1612.
The nearly 11,000 SF oversized lot provides significant space for future expansion, a swimming pool, or the construction of an Accessory Dwelling Unit (ADU) for multi-generational living or rental income.
Recently repositioned with a price reduction to $1,259,900, this property offers a rare and accessible entry-level price point for a 4-bedroom residence in the high-demand Encino market.
Built in 1950, the property may require significant capital investment for modernizing systems and cosmetic finishes to meet contemporary luxury standards.
At 1,612 square feet for a 4-bedroom home, the individual room sizes may feel constrained, potentially necessitating an addition to fully utilize the large lot.
Exceptional opportunity in Encino on an oversized nearly 11,000 SF lot. This 4-bedroom, 3-bath home offers a flexible layout with spacious outdoor areas and incredible future potential. Ideal for buyers looking for room to expand, create an ADU, or design a true indoor-outdoor lifestyle property.The property combines immediate livability with long-term upside, making it a rare value in today's Encino market. Large backyard with ample space for entertaining, future improvements, or multi-generational living possibilities.Conveniently located near shopping, dining, schools, and major Westside access routes. Recently repositioned and competitively priced at $1,259,900. A unique opportunity for homeowners, investors, or buyers seeking both lifestyle and future value.
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 | 4.0 | 45% |
| Square foot | 1,612 | 2,440 | 25% |
| Lot Size | 10,999 | 6,753 | 60% |
| Price | $1.26M | $1.86M | 29% |
| Price per sq ft | $782 | $747 | 52% |
| Built year | 1950 | 1956 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 75 | 150 | 16% |
Apr 21, 2026
$1,259,900
$1,299,900
-3% Price Drop
Initial Listing
Mar 23, 2026
$1,299,900
Initial Listing
Jun 26, 2007
$770,000
Public Record
Oct 1, 2002
$305,000
Public Record