$1,195,000
MLS: SR26125782
Beds
5
Baths
4
Sq Ft
2,347
Lot
0.13 ac
Year Built
1949
MLS #
SR26125782
Days on Market
2
Listed
Jun 10, 2026
Description
A rare opportunity in the heart of Encino to create your dream home! The existing home features 2 bedrooms, 1 bathrooms, and 965 square feet, with approved plans already in place to transform the property into a stunning 5-bedroom, 4-bathroom residence totaling approximately 2,347 square feet. Currently in the beginning stages of a full renovation, this property offers buyers a unique chance to personalize select finishes and design elements before construction is complete. Designed with modern living in mind, the expanded floor plan will feature an open-concept layout with seamless flow between the living, dining, and kitchen areas, creating an ideal space for both everyday living and entertaining. As construction progresses, buyers may have the opportunity to influence key design elements, including flooring, cabinetry, countertops, paint selections, fixtures, and other finishes, allowing them to bring their personal vision to life. Situated on a desirable Encino street, this property presents a rare chance to secure a home with approved expansion plans while customizing the final details to suit your lifestyle. Enjoy the benefits of a substantially renovated home in one of the San Fernando Valley's most sought-after neighborhoods, conveniently located near shopping, dining, parks, and top-rated schools. Don't miss this exceptional opportunity to be part of the transformation from the ground up and create a custom home tailored to your tastes in a prime Encino location!
Location
Encino, Los Angeles County, CA 91316
Open on Google Maps ↗Listed by: Eric Delgado · Luxury Collective
Payment estimate
$8,805
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $119,500 · Loan: $1,075,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,812
- Property tax (1.25%)
- $1,245
- Homeowners insurance
- $300
- Mortgage insurance
- $448
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $41,825 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
See Encino, CA 91316 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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