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16766 Otsego Street, Encino, California 91436, Encino, 91436 - 4 bed, 2 bath

16766 Otsego Street, Encino, California 91436 home-pic-0
ACTIVE UNDER CONTRACT$1,599,000
16766 Otsego Street, Encino, California 91436
4Beds
2Baths
1,701Sqft
8,252Lot
Year Built
1949
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$940
HOA
-
Days on market
-
Sold On
-
MLS number
SR25016693
Home ConditionFair
Features
Good View: Neighborhood
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 8% below the list price. We found 2 Cons,3 Pros. Rank: price - $1.60M(14th), sqft - 1701(6th), beds - 4(50th), baths - 2(10th).

Unlock the potential of this incredible property in a peaceful, sought-after neighborhood! The charming main house offers 2 spacious bedrooms, a cozy den, 1 bathroom, a formal dining room, a galley kitchen, and approximately 1,100 square feet of living space. Adding even more value is the guest house, a private retreat with 2 bedrooms and 1 bathroom, approximately 600 square feet, making it perfect for extended family, a home office, studio or a potential for long-term investment benefits. The property’s location is unbeatable—close to highly rated schools, parks, restaurants, shops, and with quick access to both the 405 and 101 freeways, making a drive to the Westside a breeze. Whether you're looking to renovate, expand, build from the ground up, or creating an income-producing property, this home is brimming with potential. Don’t let this opportunity slip away!

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•2.8mi
4/10
Reseda Senior High School
Public,•9-12•2.6mi
6/10
Van Nuys Senior High School
Public,•9-12•3.1mi
6/10
University Senior High School
Public,•9-12•8.4mi
6/10
University Senior High School Charter
Public,•9-12•8.4mi
Condition Rating
Fair
The property was built in 1949. The images show an aged kitchen and bathrooms. While functional, they appear outdated and would benefit from updates. The rest of the house also appears to be in fair condition, suggesting it has been maintained but not recently renovated. Therefore, a 'fair' condition score is appropriate.
Pros & Cons

Pros

Accessory Dwelling Unit (ADU): The property includes a detached guest house, offering potential for rental income or multi-generational living.
Location: Located in a desirable Encino neighborhood, close to schools, parks, restaurants, shops, and with easy access to the 405 and 101 freeways.
Development Potential: The property offers opportunities for renovation, expansion, or new construction, catering to various investment strategies.

Cons

Year Built: Built in 1949, the property may require updates to meet modern standards and preferences.
Galley Kitchen: The main house features a galley kitchen, which may be less desirable compared to more open-concept kitchen designs.

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