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16762 Otsego, Encino, California 91436, Encino, 91436 - 4 bed, 3 bath

16762 Otsego, Encino, California 91436 home-pic-0
ACTIVE$2,249,000
16762 Otsego, Encino, California 91436
4Beds
3Baths
2,788Sqft
8,252Lot
Year Built
1949
Close
-
List price
$2.25M
Original List price
$2.35M
Price/Sqft
$807
HOA
-
Days on market
-
Sold On
-
MLS number
SR25233366
Home ConditionExcellent
Features
Good View: Mountain(s)
Deck
Pool
Spa
Patio
ViewMountain(s)

About this home

We found 3 Cons,6 Pros. Rank: price - $2.25M(48th), sqft - 2788(43th), beds - 4(50th), baths - 3(44th).

NOW REDUCED 100K!!!Fabulous Encino home! Surrounded by 4-6 million dollar homes, This home is special. 4 bedrooms, (2 bedrooms down, 2 bedrooms up), and 3 full baths. Newly remodeled, with an exquisite quartz kitchen, stainless steel appliances, "gleaming" hardwood floors downstairs, formal dining, oversized Island, cozy fireplace, cavernous primary retreat, "The largest custom shower you've ever seen," 'sensuous soaking tub, custom double sink vanity, and a balcony overlooking the beautiful private back yard. Out back, is a "black bottom" pool and jacuzzi with beautiful shrubs making the yard very, very private. There are 2 units in the back. Upstairs, this beautiful ADU is permitted for monthly rentals and has it's own custom bath and a kitchenette. Downstairs, built to code but not permitted, this ADU also has it's own custom full bath and kitchenette, and it's perfect for an elderly relative or even a hospice/caretaker situation. Very close to Encino "charter" elementary, one of the very best schools in the San Fernando Valley. Walk to restaurants on Ventura Blvd., and Encino Park. Close to the westside and Woodland Hills. A truly special home in a fabulous neighborhood!

Nearby schools

8/10
Lanai Road Elementary School
Public,•K-5•1.1mi
5/10
Lemay Street Elementary School
Public,•K-5•2.2mi
6/10
Lemay Street Elementary School
Public,•K-5•2.3mi
6/10
Newcastle Elementary School
Public,•K-5•2.3mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.4mi
9/10
Roscomare Road Elementary School
Public,•K-5•3.6mi
5/10
Brentwood Science School
Public,•K-5•7.9mi
5/10
William Mulholland Middle School
Public,•6-8•1.9mi
3/10
William Mulholland Middle School
Public,•6-8•2.1mi
6/10
Gaspar De Portola Middle School
Public,•6-8•2.5mi
2/10
Van Nuys Middle School
Public,•6-8•2.7mi
4/10
Reseda Senior High School
Public,•9-12•2.6mi
6/10
Van Nuys Senior High School
Public,•9-12•3.0mi
6/10
University Senior High School
Public,•9-12•8.4mi
6/10
University Senior High School Charter
Public,•9-12•8.4mi

Price History

Date
Event
Price
12/08/25
Price Change
$2,249,000-4.3%
10/17/25
Listing
$2,349,995
Condition Rating
Excellent
Despite being built in 1949, this property has been 'newly remodeled' with an 'extensively remodeled interior,' as stated in the description and evidenced by the images. The kitchen features exquisite quartz countertops, modern white shaker cabinets, stainless steel appliances, and a subway tile backsplash, all appearing virtually new and meeting current quality standards. The bathrooms are also extensively updated, showcasing a large custom glass shower, modern vanities, and contemporary tiling. Gleaming hardwood floors downstairs and recessed lighting throughout further enhance the modern aesthetic. The overall condition, particularly the key areas of kitchen and bathrooms, reflects a recent, high-quality renovation, aligning with an 'Excellent' score.
Pros & Cons

Pros

Great Schools: Elementary School: Roscomare Road Elementary School (9/10).
Desirable Encino Location: Situated in a prestigious Encino neighborhood surrounded by high-value homes, offering excellent walkability to Ventura Blvd restaurants, Encino Park, and proximity to top-rated schools.
Extensively Remodeled Interior: Features a newly remodeled interior with an exquisite quartz kitchen, stainless steel appliances, gleaming hardwood floors, and a cozy fireplace, providing modern comfort and style.
Permitted Income-Generating ADU: Includes a permitted Accessory Dwelling Unit (ADU) upstairs with a custom bath and kitchenette, offering significant potential for rental income or multi-generational living.
Luxurious Primary Retreat: Boasts a spacious primary suite with an oversized custom shower, sensuous soaking tub, double sink vanity, and a private balcony overlooking the backyard.
Private Resort-Style Backyard: The property features a private black-bottom pool and jacuzzi, surrounded by lush shrubs, creating a secluded and inviting outdoor entertainment space.

Cons

Unpermitted Downstairs Unit: The downstairs ADU, while built to code and functional, is not permitted, which could pose legal or resale challenges for a buyer.
Property Age: Built in 1949, the home's age, despite recent remodels, may imply potential for older infrastructure components or require more extensive maintenance in the long term compared to newer constructions.
Recent Price Reduction: A recent $100K price reduction suggests the property may have been initially overpriced or has experienced extended market time, potentially raising buyer concerns about its true market value.

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