18070 Boris Drive, Encino, California 91316, Encino, 91316 - 4 bed, 4 bath
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Encino, California 91316
This property presents a High-Potential Investment Opportunity with a List Price of $2,500,000—positioned well above the $2,282,343 Fair Market Value by -9%. Featuring a Condition Rating of 5, this Mid-Century home requires a comprehensive renovation to modernize its original 1950s infrastructure. The expansive 25,212 SF lot offers significant development potential, including a detached garage with a 292 SF studio. With its unobstructed jetliner views and prime Encino location, this asset is ideal for Value-Add Investors or Custom Home Builders seeking a premier canvas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18070 Boris Drive Subject | $2,500,000* List Price | 4 | 4 | 3,014 | $757 | - |
A 17952 Karen Drive Sold | $1,875,000 | 5 | 5 | 2,802 | $669 | 0.2 mi |
B 3906 Lake Vista Court Active | $2,885,000 List Price | 3 | 4 | 3,607 | $800 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 and on the market for the first time in over 50 years, the property is in mostly original condition with highly dated finishes, including green carpeting and vintage bathrooms. The listing explicitly markets the home as a 'canvas to renovate or build,' signaling that the kitchen, baths, and major systems require a total rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25212, living area = 3014.
The property sits on an expansive 25,000+ SF lot South of the Boulevard, offering rare, unobstructed jetliner views of the Valley, mountains, and city lights from nearly every room.
With over 150 feet of frontage and a detached garage featuring a 292 SF office/studio, the property is a prime candidate for a custom estate build or an ADU conversion.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3014, other record living area = 2635.
On the market for the first time in 50 years, the home is in mostly original condition and requires a substantial capital investment to modernize or rebuild to current luxury standards.
Built in 1950, the property likely necessitates comprehensive upgrades to its core systems, such as plumbing, electrical, and HVAC, which may not be reflected in the initial list price.
Incredible opportunity to purchase a sprawling Mid-Century single story home located South of the Boulevard in prime Encino on a 25,000 SF expansive lot boasting unobstructed jetliner Valley, mountain, and city light views, swimming pool, and detached 2-car garage with separate office/studio. First time on the market in over 50 years, the property offers the perfect canvas to renovate or build your custom dream estate. Situated on a private road with only 5 homes, the lot offers over 150 feet of sweeping frontage. The expansive backyard features swimming pool, decking overlooking the stellar views, fire pit, several patios with pergola, grass lawn with fruit trees, and detached 2-car garage with attached 292 SF office & pool bath - ideal for potential ADU conversion or studio space. A lush front courtyard with water fountain greets you before stepping inside where almost every room overlooks the stunning vistas. Separate oversized living and family rooms feature gorgeous tongue & groove wood beamed vaulted ceilings found throughout, dual-sided brick fireplace, and five sets of French doors that open to the backyard with dazzling views beyond, presenting the perfect backdrop for indoor/outdoor entertaining. A separate formal dining room can accommodate large dinner parties and features storage closet and bay window. The kitchen has center island, separate breakfast bar, real wood flooring, and spacious breakfast room/den with skylight. The sunlit primary bedroom faces the astonishing views and features French door that opens to backyard, clerestory windows, wardrobe closets, and en-suite bathroom with dual vanities + separate makeup counter, linen storage, and walk-in shower. There are two additional bedrooms, each with access to their own bathrooms. A convenient indoor laundry room has utility sink and storage cabinetry. A paver stone driveway leads to the 2-car garage with additional driveway for guest parking. Adjacent to Ventura Boulevard fine dining & shopping, El Caballero Country Club, and easy freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 5.0 |
| Baths | 4.0 | 5.0 |
| Square foot | 3,014 | 3,822 |
| Lot Size | 25,212 | 15,887 |
| Price | $2.50M | $2.45M |
| Price per sq ft | $829 | $778 |
| Built year | 1950 | 1976 |
| HOA | $0 | $504 |
| Days on market | 49 | 56 |
Jun 3, 2026
$2,500,000
Initial Listing