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

17660 Martha Street, Encino, California 91316 home-pic-0
ACTIVE$2,990,000
17660 Martha Street, Encino, California 91316
0Bed
0Bath
2,981Sqft
6,100Lot
Year Built
2025
Close
-
List price
$2.99M
Original List price
$2.99M
Price/Sqft
$1,003
HOA
-
Days on market
-
Sold On
-
MLS number
AR25173322
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros.

Discover an incredible new opportunity for Airbnb enthusiasts! Presenting three (3) stunning, expertly redesigned homes in the coveted Encino neighborhood. Each residence boasts its own address, separate gas and water meters, and exceptional features: (1) 5606 White Oaks Ave: A brand-new 2 Bed/2 Bath, 1,250 SF home built in 2025. This modern, two-story beauty offers soaring ceilings, an open floor plan, and energy-efficient paid solar panels. (2) 17658 Martha Street: A charming new construction with 1 Bed/1 Bath, and 600 SF of stylish living space, perfect for contemporary lifestyles. (3) 17660 Martha Street: A beautifully renovated 2 Bed/1 Bath home originally built in 1949. It features a new roof, plumbing, HVAC, and double-pane windows, blending classic charm with modern upgrades. All three homes come fully equipped with high-end kitchen appliances and private washer and dryer setups—ideal for hosting or personal luxury. Encino is a vibrant area celebrated for its upscale lifestyle, proximity to top attractions such as Balboa Park, Sherman Oaks Castle Park, Los Encinos Historic Park, Skirball Cultural Center, Hollywood, West LA, Santa Monica, and the shopping and dining haven of Ventura Blvd (Rodeo Drive North). Discover the area's luxurious appeal and prime destinations—perfect for attracting visitors and maximizing your hosting potential.

Price History

Date
Event
Price
08/02/25
$2,990,000
Condition Rating
Excellent
The property at 17660 Martha Street, though originally built in 1949, has been 'beautifully renovated' with new roof, plumbing, HVAC, and double-pane windows, indicating a comprehensive and recent overhaul. The interior images (specifically for the blue/green house) showcase a modern aesthetic with light wood-look flooring, recessed lighting, and a kitchen featuring new dark blue shaker cabinets, white countertops, and high-end stainless steel appliances. All visible components appear new or virtually new, meeting current quality standards and requiring no immediate maintenance, aligning with the 'Excellent' condition criteria for an extensively renovated property.
Pros & Cons

Pros

Exceptional Income Potential: The property is explicitly marketed as an 'incredible new opportunity for Airbnb enthusiasts,' featuring three distinct residences with separate addresses and meters, maximizing rental income possibilities.
Mix of New Construction & Modern Renovations: Includes two brand-new homes (built 2025) and one extensively renovated 1949 home with significant upgrades (new roof, plumbing, HVAC, double-pane windows), offering modern appeal and reduced immediate maintenance.
Premium Encino Location: Situated in a 'coveted Encino neighborhood' known for its 'upscale lifestyle' and close proximity to major attractions, shopping (Ventura Blvd), and entertainment hubs, ensuring high demand from renters or guests.
High-End Amenities & Energy Efficiency: All three homes come fully equipped with high-end kitchen appliances and private washer/dryer setups, with one new unit featuring energy-efficient paid solar panels, enhancing tenant/guest experience and operational savings.
Independent Units with Separate Utilities: Each of the three residences boasts its own address and separate gas and water meters, providing autonomy for occupants and simplifying utility management for the owner.

Cons

Limited Individual Unit Size: The units are relatively compact (1,250 SF, 600 SF, and a 2 Bed/1 Bath renovated unit), which might limit appeal for larger families seeking more spacious long-term rentals.
Potential for Management Complexity: Operating a triplex, especially for short-term rentals, can demand significant time and effort for coordination, cleaning, and guest services, or necessitate professional management.
Shared Lot & Limited Private Outdoor Space: While individual addresses are provided, three units on a 6,100 sqft lot suggest potentially limited private outdoor areas for each residence, which could be a drawback for some occupants.

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