$2,990,000
NEW CONSTRUCTION

17660 Martha St Encino, CA 91316

Estimated payment $16,810/month

5 Beds
4 Baths
2,981 Sq Ft
$1,003 Price per Sq Ft

Highlights

  • New Construction
  • Open Floorplan
  • Quartz Countertops
  • Solar Power System
  • Modern Architecture
  • No HOA

About This Home

Discover an incredible new opportunity for Airbnb enthusiasts! Presenting three (3) stunning, expertly redesigned homes in the coveted Encino neighborhood. Each residence boasts its own address, separate gas and water meters, and exceptional features: (1) 5606 White Oaks Ave: A brand-new 2 Bed/2 Bath, 1,250 SF home built in 2025. This modern, two-story beauty offers soaring ceilings, an open floor plan, and energy-efficient paid solar panels. (2) 17658 Martha Street: A charming new construction with 1 Bed/1 Bath, and 600 SF of stylish living space, perfect for contemporary lifestyles. (3) 17660 Martha Street: A beautifully renovated 2 Bed/1 Bath home originally built in 1949. It features a new roof, plumbing, HVAC, and double-pane windows, blending classic charm with modern upgrades. All three homes come fully equipped with high-end kitchen appliances and private washer and dryer setups—ideal for hosting or personal luxury. Encino is a vibrant area celebrated for its upscale lifestyle, proximity to top attractions such as Balboa Park, Sherman Oaks Castle Park, Los Encinos Historic Park, Skirball Cultural Center, Hollywood, West LA, Santa Monica, and the shopping and dining haven of Ventura Blvd (Rodeo Drive North). Discover the area's luxurious appeal and prime destinations—perfect for attracting visitors and maximizing your hosting potential. Visit:

Listing Agent

Danny Hy

Pinnacle Real Estate Group Brokerage Phone: 626-831-2709 License #01917877 Listed on: 08/02/2025

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,553

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 6,100 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wrought Iron Fence
  • Wood Fence
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Triplex
  • Modern Architecture
  • Turnkey

Interior Spaces

  • 2,981 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Awning
  • Laundry Room

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 15801
  • Assessor Parcel Number 2254014023
  • $295 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $9,600
  • Fuel Expense $4,800
  • Insurance Expense $1,200
  • Maintenance Expense $52,800
  • Supplies Expense $2,400
  • Trash Expense $1,200
  • Water Sewer Expense $6,000
  • New Taxes Expense $35,880
  • Operating Expense $115,080
  • Gross Income $264,000
  • Net Operating Income $148,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,553

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 996667
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Supplies Expense: 2400.00
  • Water Sewer Expenses: 6000.00
  • Zoning: LAR1
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 2254014023
  • Year Built: 2025
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Open Floorplan, Quartz Counters
  • Stories: 2
  • Entry Location: ground
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One, Two
  • Price Per Square Foot: 1003.02

Exterior Features

  • Exterior Features: Awning(s)
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
  • Heating Type: Central, Natural Gas, Solar
  • Laundry Features: In Closet, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6100.00
  • Lot Size Acres: 0.1400

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 1300 Square Feet
  • Electric Expense: 9600.00
  • Fuel Expense: 4800.00
  • Gross Income: 264000.00
  • Gross Operating Income: 264000.00
  • Gross Scheduled Income: 264000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6100.0000 Square Feet
  • Maintenance Expense: 52800.00
  • Maintenance Percent: 20.00
  • Net Operating Income: 148920.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number Wall A C: 4
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 115080.00
  • Rent Control: Yes
  • Total Expenses: 115080.00

Tax Info

  • New Taxes Expense: 35880.00
  • Tax Census Tract: 1390.01
  • Tax Lot: 46
  • Tax Tract Number: 15801
  • TaxOtherAnnualAssessmentAmount: 295.00

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,553 $276,994 $166,552 $110,442
2024 $3,553 $271,564 $163,287 $108,277
2023 $3,489 $266,240 $160,086 $106,154
2022 $3,332 $261,021 $156,948 $104,073
2021 $3,286 $255,904 $153,871 $102,033
2019 $3,192 $248,315 $149,308 $99,007
2018 $3,144 $243,447 $146,381 $97,066
2016 $2,996 $233,996 $140,698 $93,298
2015 $2,954 $230,482 $138,585 $91,897
2014 $2,972 $225,968 $135,871 $90,097
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2025 08/02/25 For Sale $2,990,000 -- $1,003 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Title 365
Interfamily Deed Transfer -- North American Title Co
Interfamily Deed Transfer -- Southland Title Corporation
Grant Deed $122,500 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Open $850,000 New Conventional
Closed $50,000 Future Advance Clause Open End Mortgage
Closed $422,000 New Conventional
Closed $424,297 FHA
Closed $370,000 Stand Alone Refi Refinance Of Original Loan
Closed $240,000 Stand Alone Second
Closed $480,000 Stand Alone Second
Closed $228,400 Credit Line Revolving
Closed $150,000 Credit Line Revolving
Closed $120,000 Credit Line Revolving
Closed $198,639 Unknown
Closed $202,000 Unknown
Closed $49,000 Credit Line Revolving
Closed $192,000 Stand Alone First
Closed $64,000 Credit Line Revolving
Closed $40,000 Stand Alone Second
Closed $118,800 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25173322

California Regional Multiple Listing Service (CRMLS)

APN: 2254-014-023