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5528 McLennan Ave, Encino, CA 91436

Sale Price: $995,000
Sep 29, 20241,365 sqft2 beds2 baths
Listed by: Mai Matthesen
License #: 01040625
Phone #: 8185128913
Compass
Source:
CRMLS Logo
MLS #: SR24195688

Property Description

Unpolished Diamond in the Heart of Encino: truly an exceptional opportunity, best value & best price in prestigious zip code 91436, a single-story family home with unlimited upside potential. Spanning 1,365 sqft, this residence is situated on an expansive & unique flat lot of 7,532 square feet with ADU or pool possibilities. Nestled south of Burbank and West of Hayvenhurst, this property is adjacent to the charming Encino Woods neighborhood, just 0.7 miles from the prestigious Amestoy Estates and 1 mile from vibrant Ventura Blvd. It's a prime location for developers, remodelers, and skilled do-it-yourselfers looking to create an extraordinary home. This builder's special is destined for possible transformation into a stunning Modern Farm House, with ample space for a luxurious pool and/or an Additional Dwelling Unit (ADU). The possibilities are endless on this vast canvas, offering the perfect opportunity for you to craft a dream home in a highly sought-after area. With no neighbors in the back, privacy and appeal are enhanced. Ideally situated near the Lake Balboa Natural Reserve Center, with its serene lake, multiple pathways, wildlife, and recreation offerings, this property is located in a quiet, private pocket with many long-term owners, providing a sense of community and tranquility. This serene oasis offers a wealth of recreational opportunities, including jogging trails that wind through lush landscapes, perfect for your morning runs or leisurely strolls. The lake itself provides options for boating and picnicking, making it an ideal spot for outings or peaceful retreats. With multiple pathways, abundant wildlife, and scenic views, the nearby Lake Balboa is a haven for nature lovers and outdoor enthusiasts alike. Enjoy the convenience of being minutes away from the 101 freeway, offering easy access to the Westside and beyond. This property is to be sold "as-is," in its present condition, with no representation or guarantee from the seller or listing office. No termite inspection or home warranty will be provided, allowing you to take full control of the development process. Don't wait and miss this exceptional opportunity to invest in a wonderful location. View photos and schedule your private appointment today or visit our multiple open houses to explore the possibilities that await. Act now and seize the chance to create a truly remarkable and valuable HOME in the heart of Encino! Do hurry to visit!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,054

TurboHome Estimated Value

$1,001,300

$734 sqft

High Valuation
$1,051,365
$770/sqft
Normal Valuation
$1,001,300
$734/sqft
Low Valuation
$951,235
$697/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$734/sqft$1,001,300

Neighborhood: Encino

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Comparative Value

$605K

$711K

$995K

$1.21M

$1.34M

5215 Balboa Blvd 108, Encino, CA 91316

Sale Price: $605,000

Selected Comparable

5229 Balboa Blvd 15, Encino, CA 91316

Sale Price: $711,000

Selected Comparable

5528 McLennan Ave, Encino, CA 91436

Sale Price: $995,000

Selected Comparable

5528 McLennan Ave, Encino, CA 91436

List Price: $999,000

Subject Property

16839 Halper St, Encino, CA 91436

Sale Price: $1,210,000

Selected Comparable

16841 McCormick St, Encino, CA 91436

Sale Price: $1,339,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5528 McLennan Ave, Encino, CA 91436

5528 McLennan Ave, Encino, CA 91436

List: $999,000

Listed: 9/29/2024

Area:1,365 sqft
Price/sqft:$732
Beds:2
Baths:2
Year Built:
Lot Size:7,532

Comparable Properties

COMPARABLE
Choose comps
5528 McLennan Ave, Encino, CA 91436

5528 McLennan Ave, Encino, CA 91436

Sale: $995,000

11/5/20240.00 mi

Area:1,365 sqft
Price/sqft:$729
Beds:2
Baths:2
Year Built:
Weight:23.3%
5229 Balboa Blvd 15, Encino, CA 91316

5229 Balboa Blvd 15, Encino, CA 91316

Sale: $711,000

12/13/20240.40 mi

Area:1,360 sqft
Price/sqft:$523
Beds:2
Baths:3
Year Built:
Weight:19.8%
5215 Balboa Blvd 108, Encino, CA 91316

5215 Balboa Blvd 108, Encino, CA 91316

Sale: $605,000

9/12/20240.43 mi

Area:1,176 sqft
Price/sqft:$514
Beds:2
Baths:2
Year Built:
Weight:19.8%
16839 Halper St, Encino, CA 91436

16839 Halper St, Encino, CA 91436

Sale: $1,210,000

7/18/20250.33 mi

Area:1,254 sqft
Price/sqft:$965
Beds:3
Baths:2
Year Built:
Weight:19.7%
16841 McCormick St, Encino, CA 91436

16841 McCormick St, Encino, CA 91436

Sale: $1,339,000

12/26/20240.38 mi

Area:1,470 sqft
Price/sqft:$911
Beds:3
Baths:2
Year Built:
Weight:17.4%

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