17660 Martha Street, Encino, California 91316, Encino, 91316 - 5 bed, 4 bath

17660 Martha Street, Encino, California 91316 home-pic-0
ACTIVE$3,288,000
17660 Martha Street, Encino, California 91316
5Beds
4Baths
2,981Sqft
6,100Lot
Year Built
1949
Close
-
List price
$3.29M
Original List price
$3.29M
Price/Sqft
$1,103
HOA
-
Days on market
-
Sold On
-
MLS number
25558519
Home ConditionGood
Features
Good View: City Lights, Park/Greenbelt, Mountain(s)
Patio
ViewCity Lights,Park/Greenbelt,Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,5 Pros. Rank: price - $3.29M(83th), sqft - 2981(65th), beds - 5(72th), baths - 4(60th).

Perfect for 1031 Exchange . Experience This Exquisite, One-of-a-Kind 3-Unit CompoundDiscover this absolutely stunning, European-inspired property a vibrant, fully reimagined oasis featuring a beautifully remodeled main house, an attached junior ADU, and a striking, newly constructed two-story ADU. Pride of ownership is evident throughout, with bespoke designer finishes, premium tiles, and two captivating hand-painted murals by renowned artist Keene that elevate the ambiance.The main residence exudes charm and sophistication with two bedrooms and one bath, blending timeless character with modern upgrades, an open-concept living area, a contemporary kitchen with new appliances, and in-unit laundry for convenience.The detached ADU is a true masterpiece: a colorful two-story, two-bedroom, two-bath retreat with soaring ceilings, abundant natural light, a designer kitchen with top-of-the-line appliances, custom cabinetry, quartz countertops, private entrance, and its own laundry perfect for extended family, guests, or lucrative rental income.The junior ADU is equally refined a stylish one-bedroom, one-bath haven with an efficient, thoughtfully designed layout, complete with its own washer and dryer. Ideal as an income-generating rental, elegant home office, or cozy in-law suite.Rarely does a property combine artistic expression, superior craftsmanship, and versatile living like this. An exceptional opportunity for multi-generational living or a discerning investor. A must-see to truly appreciate its beauty and value.

Condition Rating
Good

The property, built in 1949, has been extensively remodeled into a 3-unit compound. The description and images show modern kitchens with new appliances, updated bathrooms, and designer finishes. While the original structure is older, the extensive renovations bring it to a 'good' condition, move-in ready with no immediate renovation required.
Pros & Cons

Pros

Income Potential: The property features two ADUs (one junior, one detached) offering significant rental income potential, making it attractive to investors.
Multi-Generational Living: The compound setup with a main house and two ADUs is ideal for multi-generational families seeking independent living spaces.
Designer Finishes: The property boasts bespoke designer finishes, premium tiles, and custom cabinetry, enhancing its aesthetic appeal and perceived value.
New Construction/Remodel: The detached ADU is newly constructed, and the main house is remodeled, suggesting modern amenities and reduced maintenance concerns.
Artistic Features: The hand-painted murals by renowned artist Keene add a unique and sophisticated artistic element, differentiating the property.

Cons

Year Built (Main House): The main house was built in 1949, which may present concerns about outdated infrastructure or potential for age-related issues.
Lot Size: The lot size of 6,100 sqft is relatively small, which may limit outdoor space and potential for expansion.
Price Point: The list price of $3,288,000 is relatively high, which may limit the pool of potential buyers.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state