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Listed by Tamara Tambe • Pinnacle Estate Properties, Inc.
$1,199,000
Est. payment /mo
2,498 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,498 sqft
Price per Sqft $479
MLS Listing ID CRSR25167331
HOA Y/N No
Year Built 1949
Lot Size 6,649 Sqft
Property Sub-Type OTHER
Source Datashare California Regional
Property Description
Incredible SB9 Investment Opportunity in Encino Park! Plans have already been submitted to the city to transform this remodeled property into a 3-unit income-producing asset—all within the existing square footage, so no new construction is needed to get started. Located on a prime corner lot, this spacious 4-bedroom, 2.5-bathroom home offers approximately 2,500 square feet of living space and exceptional privacy, making it perfect for a multi-unit setup or multigenerational household. The submitted plans propose creating a 2-bedroom ADU on the back left side of the home and a studio unit on the right, while configuring the main residence as a 3-bedroom, 1-bathroom unit with plans to add a second bathroom and in-unit laundry. Whether you’re looking for a spacious home with incredible value or an investment property with built-in income potential, this opportunity offers both. Even more exciting, once the two units are established, an additional unit can be added in place of the existing carport, allowing for the creation of a rare 4-unit property in the heart of desirable Encino Park. Ample parking with 3 off street spaces behind the home and 1 on the side in addition to street parking.
Location
State CA
County Los Angeles
Interior
Heating Central
Cooling Central Air
Flooring Tile, Vinyl
Fireplace No
Laundry Laundry Room
Exterior
View None
Building
Lot Description Corner Lot, Front Yard, Landscaped
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