Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

16762 Otsego Street

Encino, CA, 91436

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$2,100,000

MLS: SR26066328

Beds

4

Baths

5

Sq Ft

3,202

Lot

0.19 ac

Year Built

1949

MLS #

SR26066328

Days on Market

24

Listed

Mar 27, 2026

Description

Beautifully remodeled Encino property located north of the Boulevard in a highly desirable pocket surrounded by multi-million-dollar homes. Situated on an 8,252 SF lot, this turnkey residence offers approximately 3,202 SF of total living space, including a 4-bedroom, 3-bath main house and two detached studio ADUs. The main home features an open floor plan with a traditional layout, highlighted by hardwood flooring, a gourmet chef’s kitchen with stainless steel appliances, wine cooler, custom cabinetry, stylish backsplash, and a peninsula island. Bathrooms have been tastefully updated, including a stunning primary suite with a spacious walk-in closet, dual vanities, soaking tub, and an oversized custom shower. The backyard is private and ideal for entertaining, featuring a resurfaced pool and spa, grassy area, and multiple spaces to relax or host. The property includes two detached studio ADUs, each with private entrances, kitchenettes, and remodeled full bathrooms, offering excellent income potential or flexibility for guests or extended family. Ample driveway parking for 4+ vehicles. Located in a prime Encino neighborhood known for its walkability and proximity to shopping and dining, this is a rare opportunity to own a versatile, move-in ready property in a premier location.

Location

Encino, Los Angeles County, CA 91436

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Listed by: Simon Mills · Mills Realty of California

Payment estimate

$14,887

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $210,000 · Loan: $1,890,000

%
Principal & Interest
$11,612
Property tax (1.25%)
$2,188
Homeowners insurance
$300
Mortgage insurance
$788
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Encino home with as little as 3.5% down using an FHA loan — roughly $73,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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