$1,095,000
Rare Encino Village corner lot reconfiguration opportunity at 17329 and 17331 Burbank Blvd in Encino, CA 91316, built for the savvy investor or owner-user ready to unlock maximum value in one of the San Fernando Valley's most in-demand neighborhoods. This dual-address property sits on a high-visibility thoroughfare corner lot with alley access and presents a compelling path to multi-unit income potential on a single parcel. The front residence is a 5-bedroom, 2-bath home with a separate entry already in place, creating a cost-efficient pathway to reconfigure into a single-family residence with an attached JADU. The 857 SF ADU is currently a 2-bedroom, 1-bath with a bonus room and media room, offering a clear path to reconfigure into a 2/2 or 3/2 layout for added rental flexibility. Separate AC systems for each unit, alley access, and a former production and film location buildout give the next owner a strong foundation to work with. Total square footage approximately 2,638 (buyer to verify). Located in the growing Encino ADU corridor where rental demand remains consistently strong. Minutes from the 101/405 interchange and the Ventura Boulevard shopping and dining district with easy access to Sherman Oaks, Woodland Hills, and the Westside. Sellers are motivated and ready to close. All offers will be considered.
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Listed by Justin Bonney with Clear Way Real Estate (818) 392-4884
Property Type
Duplex
Status
Active
MLS Number
SR26058975
Year Built
1960
Lot Size
6,517 sq ft