17119 Bullock Street, Encino, California 91316, Encino, 91316 - 4 bed, 2 bath

17119 Bullock Street, Encino, California 91316 home-pic-0
ACTIVE$1,445,000
17119 Bullock Street, Encino, California 91316
4Beds
2Baths
1,789Sqft
6,375Lot

Price Vs. Estimate

The estimated value ($928,146.19) is $516,853.81 (35%) lower than the list price ($1,445,000). This property may be overpriced.

Key pros and cons

Top Pros:
Architectural Significance & Style: Originally designed by architect Martin Stern, AIA, this mid-century modern home offers unique architectural appeal and 'Palm Springs vibes' in Los Angeles.
Top Cons:
Pricing & Market Perception: The property has already undergone a $50,000 price reduction and shows a significant negative estimation ratio (-35%), suggesting it may be perceived as overpriced relative to its estimated market value and comparable sales.

Compared to the nearby listings

Price:$1.45M vs avg $1.45M ($-5,000)49%
Size:1,789 sqft vs avg 2,192 sqft41%
Price/sqft:$808 vs avg $74566%

More Insights

Built in 1956 (69 years old).
Condition: This property, though built in 1956, has undergone an extensive and high-quality renovation, aligning with the 'extensively renovated within 5 years' criterion for an 'Excellent' score. The description highlights a 'modern chef's kitchen with quartz countertops and top of the line appliances,' and a 'spa-like designer bath, featuring a huge marble shower and separate modern tub and vanity area.' The provided images confirm these areas are virtually new, featuring contemporary styles, high-end finishes, and modern fixtures. Hardwood flooring, newer windows, and designer lighting are present throughout, indicating a comprehensive update. While the listing description doesn't explicitly detail the HVAC system, the overall 'top tier finishes throughout' and 'showstopper' presentation strongly suggest that all major components meet current quality standards, making it move-in ready with no deferred maintenance.
Year Built
1956
Close
-
List price
$1.45M
Original List price
$1.5M
Price/Sqft
$808
HOA
-
Days on market
-
Sold On
-
MLS number
25514929
Home ConditionExcellent
Features
Patio
ViewMountain(s)

About this home

Reduced $50,000.Lying in highly desirable Encino Village, is this remodeled one story 1,800 sq. ft mid-century modern showstopper. Originally designed by architect Martin Stern, AIA, one is greeted by a yellow door, which emotes the feeling of having the Palm Springs vibes in Los Angeles. Upon entry one is immediately struck by the soaring open beamed ceilings, open floor plan, and walls of glass allowing a ton of natural light to flood the property and beckoning you out to the lush grassy backyard. The ideal open floor plan makes the space feel grand, as one can seamlessly transition from the living to dining to the modern chef's kitchen with quartz counter tops and top of the line appliances. There are three good sized bedrooms plus an office (title shows four beds) including a massive primary suite, complete with a spa-like designer bath, featuring a huge marble shower and separate modern tub and vanity area, and large walk-in closet, all rare for the neighborhood. Walking distance to Balboa park, Lake Balboa, Balboa Golf Course, and other amenities, all within the highly rated Encino Charter Elementary School. Hardwood flooring, newer windows, designer lighting, and top tier finishes throughout all in a top notch neighborhood make this a premier opportunity not to be missed!

Condition Rating
Excellent

This property, though built in 1956, has undergone an extensive and high-quality renovation, aligning with the 'extensively renovated within 5 years' criterion for an 'Excellent' score. The description highlights a 'modern chef's kitchen with quartz countertops and top of the line appliances,' and a 'spa-like designer bath, featuring a huge marble shower and separate modern tub and vanity area.' The provided images confirm these areas are virtually new, featuring contemporary styles, high-end finishes, and modern fixtures. Hardwood flooring, newer windows, and designer lighting are present throughout, indicating a comprehensive update. While the listing description doesn't explicitly detail the HVAC system, the overall 'top tier finishes throughout' and 'showstopper' presentation strongly suggest that all major components meet current quality standards, making it move-in ready with no deferred maintenance.
Pros & Cons

Pros

Architectural Significance & Style: Originally designed by architect Martin Stern, AIA, this mid-century modern home offers unique architectural appeal and 'Palm Springs vibes' in Los Angeles.
Extensive Modern Renovation: The property boasts a remodeled interior with a modern chef's kitchen featuring quartz countertops and top-of-the-line appliances, a spa-like primary bath with marble shower, and high-end finishes throughout including hardwood flooring and newer windows.
Open Concept & Natural Light: Soaring open-beamed ceilings, an open floor plan, and walls of glass create a grand, airy feel and allow abundant natural light to flood the property.
Prime Location & Amenities: Situated in the highly desirable and 'top-notch' Encino Village, the home is within walking distance to Balboa Park, Lake Balboa, Balboa Golf Course, and is zoned for the highly rated Encino Charter Elementary School.
Luxurious Primary Suite: The property features a massive primary suite with a spa-like designer bath, including a huge marble shower, separate modern tub, vanity area, and a large walk-in closet, which is noted as rare for the neighborhood.

Cons

Pricing & Market Perception: The property has already undergone a $50,000 price reduction and shows a significant negative estimation ratio (-35%), suggesting it may be perceived as overpriced relative to its estimated market value and comparable sales.
Lack of Central Air Conditioning: The property description does not mention a cooling system, which is a notable omission for comfort in the California climate, especially when many comparable homes in the area offer central air.
Limited Bathroom Count: With only 2 bathrooms for a 4-bedroom home, it offers fewer facilities compared to several recently sold or active comparable properties in the desirable Encino Village, which often feature 3 bathrooms.

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