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17711 Margate Street 103 — Encino — 2 Beds • 2 Baths • 1,149 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+49 more

$499,000

12 DOM

$434/sqft2 bd2 ba1,149 sqftHOA ~709/mo

Call

17711 Margate St 103 Encino, CA 91316

1.77acre lot

If you are a buyer looking to be close to restaurants and shopping near Ventura Boulevard, and you have been searching for a turnkey lower-level 2-bedroom condo with amazing resort-like grounds, covered side-by-side 2-car parking, and extra storage for your recreational items, then you have just found White Oak Encino Condos. You will be impressed from the moment you enter this gated community, featuring flowering planters and inviting walkways. Enjoy a splash in the resort-inspired pool, relax in the indoor spa, and take in the ambiance of the spectacular clubhouse. Reasonable HOA dues cover fire insurance, earthquake insurance, water, gas, trash, sewer, and landscaping, which is a rare and valuable benefit these days. Almost forgot to mention the 20+ off-street guest parking spaces available for your visitors—they are sure to love that feature. Now let’s step inside the unit. The front door opens to a formal entry hallway leading to a spacious living room with a wall of sliding glass doors that fill the space with natural light. The fireplace is perfectly positioned for cozy Netflix nights while enjoying the warm glow of the fire. Your private enclosed covered patio is the perfect place to enjoy a home-cooked meal al fresco. The galley kitchen offers wood cabinetry, granite countertops, a double sink, and stainless steel appliances, while the adjacent dining area is ready to host your next meal. Down the hallway, you will find the guest bedroom, which can also serve as an office, featuring patio slider access, wall closet storage, and a beautifully designed bathroom that adds charm and character to the space. The washer and dryer are also conveniently located in the hallway. The primary bedroom is sure to impress, offering natural light, abundant closet space, and a spa-like bathroom complete with a soaking tub, walk-in shower with dual shower heads, and a double vanity—so there will be no fighting for space. This Encino condo lifestyle is one you will truly love.

MLS SR26068907

818-365-0677 (Office) raquel@raquelmagro.com

Est. payment

$3,898/mo

Principal & interestTaxesInsuranceHOA

$2,523$520$146$709

Down %

Rate %

Years

Down payment: $99,800 · Total cost: $1,008,158

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$3,898/mo

Principal & interest: $2,523
Est. property tax: $520
Est. insurance: $146
HOA (normalized / mo): $709
Down payment: $99,800

Est. gross rent$2,079/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)$-1,819/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.