17961 Martha Street, Encino, California 91316, Encino, 91316 - 4 bed, 3 bath
ACTIVE$1,499,999
17961 Martha Street, Encino, California 91316
4Beds
3Baths
2,205Sqft
5,741Lot
Year Built
1949
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$680
HOA
-
Days on market
-
Sold On
-
MLS number
SR25263558
Home ConditionExcellent
Features
Patio
View-
About this home
Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $1.50M(52th), sqft - 2205(50th), beds - 4(50th), baths - 3(50th).
Price History
Date
Event
Price
11/20/25
Listing
$1,499,999
04/09/18
Sold
$640,000
11/21/08
Sold
$454,000
Condition Rating
Excellent
Despite being built in 1949, this property has undergone an extensive and very recent modern renovation. The kitchen features brand new stainless steel appliances, sleek flat-panel cabinetry, quartz countertops, and contemporary pendant lighting. Bathrooms are equally impressive with modern vanities, stylish tile work, and glass-enclosed showers. New light wood-look flooring, recessed lighting, and updated fixtures are found throughout the home, indicating that all visible components are new or virtually new, meeting current quality standards.
Pros & Cons
Pros
Desirable Encino Location: Situated in Encino, a highly sought-after Los Angeles neighborhood known for its amenities, schools, and community appeal.
Spacious Floor Plan: Offering 2205 square feet with 4 bedrooms and 3 bathrooms, providing ample living space suitable for families.
Substantial Lot Size: The 5741 square foot lot provides valuable outdoor space, a significant asset in a metropolitan area.
Strong Market Appreciation: The property has shown significant value growth since its last sale in 2018, indicating a robust local real estate market and potential for future investment.
Desirable Property Type: As a single-family residence, it offers privacy, autonomy, and land ownership, which are highly valued in the market.
Cons
Advanced Age of Construction: Built in 1949, the home is 75 years old, which may imply outdated systems (e.g., plumbing, electrical) and potential for deferred maintenance or the need for significant modernization.
Absence of Scenic Views: The property explicitly lacks any notable views, which could be a drawback in a market where properties with scenic outlooks often command a premium.
Potential for Renovation Investment: Due to its age, a new owner might need to allocate substantial funds for updating infrastructure, improving energy efficiency, or undertaking aesthetic renovations to meet contemporary standards and preferences.