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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

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Belmont Brokerage combines California MLS data with internal valuation and offer-strategy workflows, plus compliance-aware document tooling. Agents get data-driven pricing context grounded in active listings and recent market activity.

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Yes. Belmont Brokerage Inc. operates under California Department of Real Estate (DRE) license #02431308. Listings shown from the MLS follow participating board rules, including attribution and IDX display requirements.

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17711 Margate 313 — Encino — 2 Beds • 2 Baths • 1,428 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+36 more

$685,000

53 DOM

$480/sqft2 bd2 ba1,428 sqftHOA ~830/mo

Call

17711 Margate 313 Encino, CA 91316

1.77acre lot

REDUCED!! Located in the Heart of Encino, this Stunning Top-Floor Penthouse offers a Complete High End Model Perfect Updating. The Home offers Soaring Cathedral Ceilings with an abundance of Natural Light Streaming through the Gallery-Style Dual Paned Windows. The Designer Kitchen is a Custom-Built Culinary Masterpiece featuring an Artisan-Designed Layout with Stone Countertops, Premium Stainless Steel Appliances, a Farmhouse Sink, Wine Refrigerator and Elegant Glass Cabinetry. The Unit has Gorgeous Wide-Plank Hardwood Floors that Flow throughout the unit. The Living Room includes a Wet Bar with a Wine Refrigerator, Beautiful Fireplace, perfect for Entertaining, along with a Sliding Glass Door that opens to the Spacious Tiled Balcony making it an ideal spot for an Urban Garden or Sunset Dining. The Primary Suite offers a Serene Retreat with Vaulted Ceilings, Dual Sinks, Multi-Mirrored Closets and a Lavish Primary Bathroom with a Dedicated Dressing Area. The Unit also includes Central Heating/AC, Recessed Lighting, All 4 Mounted TV's, Plantation Shutters and tons of Natural Light. It also includes 2 side-by-side Subterranean Parking Spaces with Additional Visitor Parking. Situated in the well-maintained "White Oak Encino" Complex, Residents enjoy a Resort-like Atmosphere with Lush Landscaping and Mature Trees. Amenities include a Sparkling Pool, Indoor Spa, Sauna & Recreation Room. HOA Perks: Dues cover Earthquake Insurance, Water, Gas, Trash and Common Areas Maintenance. The Complex is walkable to Ventura Blvd., Premier Shopping, Trader Joe's, World-Class Dining and Close to Freeway Access. Most of the furniture can be included as part of the sale.

MLS SR26031866

818-569-0210 (Office) vanolere@gmail.com

Est. payment

$5,208/mo

Principal & interestTaxesInsuranceHOA

$3,464$714$200$830

Down %

Rate %

Years

Down payment: $137,000 · Total cost: $1,383,944

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$5,208/mo

Principal & interest: $3,464
Est. property tax: $714
Est. insurance: $200
HOA (normalized / mo): $830
Down payment: $137,000

Est. gross rent$2,854/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,354/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.