5528 Mclennan Avenue, Encino, CA 91436

$995,000
2
BD
2
BA
1,365
SqFt

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List Agent Mai Matthesen () 8185128913 Compass; CoList () Courtesy of Selling Office: RE/MAX One, Mahboubeh Maryam Miandarbandi - Selling Agent DRE# and Courtesy of Listing Office Compass, Mai Matthesen - Agent DRE#

Sold Price
$995,000
List Price
$999,000
Closing Date
Nov 05, 2024
Status
CLOSED
MLS#
SR24195688
Year Built
1953
Bedrooms
2
Bathrooms
2
Living Sq. Ft
1,365
Lot Size
7,532
Lot Location
0-1 Unit/Acre
Days on Market
23
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level

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!

Additional Information

Pool Description
None
Fireplace Description
Living Room
Heat
Central
Cooling Description
None
View
None
Exterior Construction
Stucco
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.