17806 Erwin, Encino, California 91316, Encino, 91316 - 3 bed, 2 bath

17806 Erwin, Encino, California 91316 home-pic-0
ACTIVE$1,999,999
17806 Erwin, Encino, California 91316
3Beds
2Baths
1,558Sqft
22,471Lot
Year Built
1949
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$1,284
HOA
-
Days on market
-
Sold On
-
MLS number
SW25274020
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros.

Located in the heart of Encino, 17806 Erwin Street offers a rare multi-unit opportunity set within a very peaceful and serene setting, combining exceptional land, income potential, and future development possibilities. This unique property features two separate living units—a main house and a detached casita—situated on an expansive parcel that extends all the way from Erwin Street to Delano Street, creating an unusually deep and highly functional lot rarely found in this neighborhood. The main residence welcomes you with natural light, original charm, and a comfortable layout, including a spacious kitchen and peaceful bedrooms surrounded by greenery. The detached casita offers outstanding flexibility for rental income, extended family, guests, or use as a private studio or office, with excellent separation between both units to enhance privacy and versatility. Beyond the existing structures, the back portion of the lot is a true standout, offering ample space and access for the potential construction of a third residence, additional units, or long-term development strategies. Mature trees, open space, and the natural layout of the property create a quiet, tranquil atmosphere rarely found in such a central location. This property has been lovingly held within the same family for nearly 50 years, carrying strong emotional value and a sense of history that is felt throughout the grounds. Whether you are an investor, developer, multi-generational buyer, or owner seeking income support and long-term upside, this property presents an opportunity that seldom becomes available in Encino. Two existing units, a lot deep enough to accommodate a third home, and a setting that offers both privacy and calm make this an exceptional offering for immediate value and future growth.

Price History

Date
Event
Price
12/10/25
Listing
$1,999,999
Condition Rating
Fair

Built in 1949, this property exhibits significant age with interiors that are largely outdated, though seemingly well-maintained. The kitchen features older wood cabinetry, dated tile countertops and backsplash, and older floor tiles, despite having some newer appliances. Both bathrooms present with dated fixtures, vanities/pedestal sinks, and tile work, indicating they have not undergone recent modern renovations. Heating is provided by wall heaters, an older system. While the property is functional and appears to have been regularly maintained, it requires substantial cosmetic updates and modernization of key systems to meet current standards. There are no immediate signs of major structural defects or safety concerns that would classify it as 'poor' or 'tear-down', but it is far from 'good' or 'excellent' due to its age and lack of significant recent renovations.
Pros & Cons

Pros

Exceptional Development Potential: The expansive, deep lot (22,471 sqft) extending street-to-street offers significant potential for constructing a third residence or additional units, making it highly attractive to investors and developers.
Multi-Unit Income Opportunity: Features two distinct living units (main house and detached casita) providing immediate rental income potential or flexible living arrangements for multi-generational families.
Prime Encino Location: Situated in the heart of Encino, offering a central and desirable address known for its amenities and community, enhancing property value and appeal.
Expansive & Private Lot: The unusually deep and large parcel (22,471 sqft) creates a peaceful, serene, and private environment, a rare find in such a central urban setting.
Versatility for Various Buyers: Appeals to a broad range of buyers including investors, developers, multi-generational families, or owner-occupants seeking income support and long-term growth.

Cons

Age of Property & Potential for Outdated Systems: Built in 1949, the property likely features original systems and finishes, which may require significant investment for modernization, repairs, or upgrades to meet current standards and preferences.
Modest Existing Living Space Relative to Lot Value: With 1558 sqft across two units on a substantial 22,471 sqft lot, the current structures are relatively small, suggesting that a significant portion of the property's value lies in the land and its development potential, rather than the existing homes.
Lack of Specific Modern Amenities/Views: The description highlights 'original charm' but does not mention any recent renovations or modern amenities, and explicitly states 'View: None,' which might be a drawback for some buyers at this price point.

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