5528 Mclennan Avenue

Description

Unpolished Diamond in the Heart of Encino: truly an exceptional opportunity, best value & best price in prestigious zip code 91436, a single-story family home with unlimited upside potential. Spanning 1,365 sqft, this residence is situated on an expansive & unique flat lot of 7,532 square feet with ADU or pool possibilities. Nestled south of Burbank and West of Hayvenhurst, this property is adjacent to the charming Encino Woods neighborhood, just 0.7 miles from the prestigious Amestoy Estates and 1 mile from vibrant Ventura Blvd. It's a prime location for developers, remodelers, and skilled do-it-yourselfers looking to create an extraordinary home. This builder's special is destined for possible transformation into a stunning Modern Farm House, with ample space for a luxurious pool and/or an Additional Dwelling Unit (ADU). The possibilities are endless on this vast canvas, offering the perfect opportunity for you to craft a dream home in a highly sought-after area. With no neighbors in the back, privacy and appeal are enhanced. Ideally situated near the Lake Balboa Natural Reserve Center, with its serene lake, multiple pathways, wildlife, and recreation offerings, this property is located in a quiet, private pocket with many long-term owners, providing a sense of community and tranquility. This serene oasis offers a wealth of recreational opportunities, including jogging trails that wind through lush landscapes, perfect for your morning runs or leisurely strolls. The lake itself provides options for boating and picnicking, making it an ideal spot for outings or peaceful retreats. With multiple pathways, abundant wildlife, and scenic views, the nearby Lake Balboa is a haven for nature lovers and outdoor enthusiasts alike. Enjoy the convenience of being minutes away from the 101 freeway, offering easy access to the Westside and beyond. This property is to be sold "as-is," in its present condition, with no representation or guarantee from the seller or listing office. No termite inspection or home warranty will be provided, allowing you to take full control of the development process. Don't wait and miss this exceptional opportunity to invest in a wonderful location. View photos and schedule your private appointment today or visit our multiple open houses to explore the possibilities that await. Act now and seize the chance to create a truly remarkable and valuable HOME in the heart of Encino! Do hurry to visit!

Listing information courtesy of: Mai Matthesen, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of 10/20/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.