tomo logo

$780,000

Beds
2
Baths
1.75
sq ft
1,428

17711 Margate St Unit 316, Encino, CA 91316

17711 Margate St Unit 316

Encino, CA 91316

  • 5 days on market
Welcome to a stunningly renovated, top-floor condo in a highly desirable gated Encino community. This corner unit is completely move-in ready, offering modern elegance at every turn. With sleek new finishes from top to bottom, no detail is too small. This home features a chef-inspired kitchen complete with luxury finishes, brand new European cabinetry, lazy Susan corner cabinets for pot & pans, water filter, farm-style sink, wine fridge, and gorgeous quartz countertops. The spacious, open-concept living area is flooded with natural light thanks to the oversized floor-to-ceiling windows, and the soaring high ceilings amplify the sense of space. Step outside to your private balcony, perfect for relaxing or entertaining. With beautiful new flooring throughout and a custom-built beverage bar for added convenience, this home is designed for modern, resort-style living. The elegant primary suite offers a tranquil retreat with vaulted ceilings, three closets, and an opulent en-suite bath featuring both a spa tub and a separate spacious shower with stunning stone throughout. The second bedroom offers a similarly tranquil experience with ample light and a view of the pool. The beautifully renovated secondary bathroom features sleek new cabinetry, new countertops, and a spa-inspired rainfall shower. Other amenities include an in-unit washer and dryer, LED recessed lighting, shades (some motorized), Nest thermostat, 2 side-by-side parking spaces, storage, and more! Beyond the stunning interior, the community offers amenities including a sparkling pool, relaxing spa, and a sauna, providing the ultimate in comfort and leisure. The property is surrounded by lush landscaping, offering a serene environment while still being just minutes from Ventura Blvd, with an abundance of dining, shopping, and entertainment options. With easy access to both the 101 and 405 freeways, this home is the perfect blend of convenience, comfort, and luxury living. Make this Encino treasure your new home!

Details

Property type

Condominium

Est. home value

$633,299

Property condition

Updated/Remodeled

Lot size

1.7694 acres

Price per sq ft

$547

Year built

1973

Monthly HOA fee

$799

Price History

03/25/2025
CRMLS

CRMLS #SR25064975

Listed
$780,000
+21.88%
09/07/2023
CRMLS

CRMLS #SR23124902

Sold
$640,000

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Nestle

Middle school: 

Portola

High school: 

Reseda

Community features: 

Gated

High school district: 

Los Angeles Unified

Number of units in community: 

55

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$245,988
Asking price
$780,000
Closing costs (~8% of asking)
-$62,400
Est. remaining loan balance
-$471,612
Cash to seller
$245,988

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Lending Arena Llc

Loan start date

August 2023

Original loan amount

$480,000

Est. remaining balance

$471,612

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Savita Govind Kanji

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 1:05 PM

Listing updated: 03/30/2025 at 6:50 PM

Listed by: Todd Jones, Rodeo Realty Phone #: (818) 761-7222

MLS: CRMLS #SR25064975

CRMLS logo

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