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17561 Bullock Street, Encino, California 91316, Encino, 91316 - 3 bed, 2 bath

17561 Bullock Street, Encino, California 91316 home-pic-0
ACTIVE$1,050,000
17561 Bullock Street, Encino, California 91316
3Beds
2Baths
1,215Sqft
5,502Lot

Price Vs. Estimate

The estimated value ($984,564.465) is $65,435.535 (6%) lower than the list price ($1,050,000). This property may be overpriced.

Key pros and cons

Top Pros:
ADU Potential: The large detached two-car garage offers significant Accessory Dwelling Unit (ADU) potential, providing opportunities for rental income, a guest house, or a dedicated home office, adding substantial value and flexibility.
Top Cons:
Original Construction Age: Built in 1949, the property's original foundation and underlying systems are over 70 years old, which may raise concerns for some buyers regarding long-term maintenance or potential unseen issues despite recent renovations.

Compared to the nearby listings

Price:$1.05M vs avg $1.45M ($-400,000)19%
Size:1,215 sqft vs avg 2,192 sqft13%
Price/sqft:$864 vs avg $74577%

More Insights

Built in 1949 (76 years old).
Condition: The property, built in 1949, underwent a full renovation in 2011, making the renovation 13 years old. This falls squarely within the 'Good' category's criteria of being 'extensively renovated within 5 to 15 years.' The description highlights 'meticulously maintained' and 'beautifully updated' features, including a kitchen with granite countertops, custom cabinetry, and stainless steel appliances, and fully remodeled bathrooms with tiled showers and dual vanities. Images confirm a clean, functional, and aesthetically pleasing interior with recessed lighting and well-maintained flooring (hardwood/laminate, tile, carpet). While the style reflects a 2011 update rather than a brand-new build, all components appear well-maintained and move-in ready with no immediate renovation required.
Year Built
1949
Close
-
List price
$1.05M
Original List price
$1.15M
Price/Sqft
$864
HOA
-
Days on market
-
Sold On
-
MLS number
SR25062195
Home ConditionGood
Features
Patio
View-

About this home

Welcome to 17651 Bullock St. a charming 3-Bedroom, 2-Bathroom Home in Prime Encino Park Location with Incredible ADU Potential! This beautifully updated home boasts fantastic curb appeal and an abundance of potential. Fully renovated in 2011 and meticulously maintained, it offers a perfect blend of style and functionality. Step inside to an inviting open-concept living and dining area that’s perfect for both relaxation and entertaining. The spacious kitchen is a chef's dream, featuring sleek granite countertops, custom cabinetry, and high-end stainless steel appliances.The layout includes three generously sized bedrooms, with a private primary suite on one side of the home. This tranquil retreat is adjacent to a fully remodeled en-suite bath, complete with dual vanities and a luxurious tiled shower. Two additional large bedrooms are located in their own private wing, offering plenty of space and privacy. These rooms share a beautifully updated full bath and convenient laundry closet. The backyard is a true oasis, providing ultimate privacy and a serene outdoor space. Enjoy a covered patio with a pergola, a lush grassy yard, mature citrus trees and a large detached two-car garage. This garage offers endless possibilities for an Accessory Dwelling Unit (ADU), perfect for rental income, a guest house, or a home office. Plenty of parking in front and back, as well! With so much to offer, this home is an incredible opportunity in a sought-after location. Don't miss your chance to make it yours!

Condition Rating
Good
The property, built in 1949, underwent a full renovation in 2011, making the renovation 13 years old. This falls squarely within the 'Good' category's criteria of being 'extensively renovated within 5 to 15 years.' The description highlights 'meticulously maintained' and 'beautifully updated' features, including a kitchen with granite countertops, custom cabinetry, and stainless steel appliances, and fully remodeled bathrooms with tiled showers and dual vanities. Images confirm a clean, functional, and aesthetically pleasing interior with recessed lighting and well-maintained flooring (hardwood/laminate, tile, carpet). While the style reflects a 2011 update rather than a brand-new build, all components appear well-maintained and move-in ready with no immediate renovation required.
Pros & Cons

Pros

ADU Potential: The large detached two-car garage offers significant Accessory Dwelling Unit (ADU) potential, providing opportunities for rental income, a guest house, or a dedicated home office, adding substantial value and flexibility.
Prime Encino Park Location: Located in a highly sought-after Encino Park neighborhood, the property benefits from excellent access to local amenities, schools, and community features, enhancing its desirability and long-term value.
Extensive Modern Renovation: Fully renovated in 2011 and meticulously maintained, the home features beautifully updated interiors, including remodeled bathrooms and an open-concept living area, offering a move-in ready experience.
Gourmet Kitchen: The spacious kitchen is a chef's dream, equipped with sleek granite countertops, custom cabinetry, and high-end stainless steel appliances, appealing to modern culinary preferences.
Private Outdoor Oasis: The backyard provides a true oasis with ultimate privacy, featuring a covered patio with a pergola, a lush grassy yard, and mature citrus trees, ideal for relaxation and entertaining.

Cons

Original Construction Age: Built in 1949, the property's original foundation and underlying systems are over 70 years old, which may raise concerns for some buyers regarding long-term maintenance or potential unseen issues despite recent renovations.
Recent Price Reductions: The listing has undergone multiple price reductions from its original list price, which could signal to potential buyers that the property was initially overpriced or that there is a perceived lack of strong market interest.
Modest Interior Square Footage: At 1215 sqft, the interior living space is relatively compact for a 3-bedroom home in Encino, which might be a limiting factor for buyers seeking more expansive living areas or accommodating a growing family.

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