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4053 Hayvenhurst Drive, Encino, California 91436, Encino, 91436 - 6 bed, 8 bath

4053 Hayvenhurst Drive, Encino, California 91436 home-pic-0
ACTIVE$1,995,000
4053 Hayvenhurst Drive, Encino, California 91436
6Beds
8Baths
7,900Sqft
20,479Lot
Year Built
2025
Close
-
List price
$2M
Original List price
$2.18M
Price/Sqft
$253
HOA
-
Days on market
-
Sold On
-
MLS number
SR25151623
Home ConditionTear down
Features
Good View: Hills, Neighborhood, Trees/Woods
Pool
Patio
ViewHills, Neighborhood, Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $2.00M(39th), sqft - 7900(97th), beds - 6(90th), baths - 8(97th).

Calling all DEVELOPERS - Motivated Seller RTI Opportunity south of the Boulevard (in the quiet area of Hayvenhurst Drive)! Presenting a rare and exceptional opportunity to build your dream home in one of Encino's most coveted neighborhoods. This vacant, fully fenced lot spans over 20,000 sq ft and has already been demo-ed, ready to build an approximately 7,900 sq ft home with 6 bedrooms, 8 bathrooms, a basement, sports court and pool. Surrounded by multi-million dollar homes and luxury estates, the property is nestled within a quiet, tree-lined neighborhood that offers privacy and serenity. With ample space and endless potential, this prime location is ideal for creating a masterpiece tailored to your taste. Don't miss your chance to secure a prime piece of real estate in one of Encino’s most sought-after areas.

Nearby schools

8/10
Lanai Road Elementary School
Public,•K-5•0.4mi
9/10
Roscomare Road Elementary School
Public,•K-5•2.1mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.4mi
5/10
Lemay Street Elementary School
Public,•K-5•3.7mi
6/10
Lemay Street Elementary School
Public,•K-5•3.8mi
6/10
Newcastle Elementary School
Public,•K-5•3.8mi
5/10
Brentwood Science School
Public,•K-5•6.5mi
2/10
Van Nuys Middle School
Public,•6-8•2.8mi
5/10
William Mulholland Middle School
Public,•6-8•3.4mi
6/10
Gaspar De Portola Middle School
Public,•6-8•3.5mi
3/10
William Mulholland Middle School
Public,•6-8•3.6mi
6/10
Van Nuys Senior High School
Public,•9-12•3.7mi
4/10
Reseda Senior High School
Public,•9-12•4.0mi
6/10
University Senior High School
Public,•9-12•6.9mi
6/10
University Senior High School Charter
Public,•9-12•6.9mi

Price History

Date
Event
Price
11/07/25
Price Change
$1,995,000-4.9%
10/05/25
Price Change
$2,098,000-3.7%
07/09/25
Listing
$2,179,000
Condition Rating
Tear down
This listing is for a vacant, demo-ed lot with a 'year_built' of 2025, indicating a future construction. There is no existing livable structure, kitchen, or bathroom to assess. The property's value is based solely on the land and its potential for redevelopment, aligning with the 'tear-down' criteria.
Pros & Cons

Pros

RTI Opportunity & Demo-ed Lot: The property offers a 'Ready-To-Issue' (RTI) permit opportunity and has already been demo-ed, significantly streamlining the development process and reducing initial project timelines for a custom luxury home.
Premium Location: Located 'South of the Boulevard' in a coveted, quiet, tree-lined Encino neighborhood, surrounded by multi-million dollar homes, ensuring high desirability and potential for strong future value.
Generous Lot Size: Spanning over 20,000 sq ft, the large lot provides ample space for a substantial 7,900 sq ft luxury estate, complete with a pool, sports court, and enhanced privacy.
High-End Development Potential: Plans for a 6-bedroom, 8-bathroom, 7,900 sq ft home with a basement, sports court, and pool cater to the ultra-luxury market, allowing for a bespoke masterpiece.
Motivated Seller & Price Adjustment: Explicitly stated as a 'Motivated Seller' with recent price reductions, indicating potential for a more favorable acquisition price for the right buyer.

Cons

Significant Capital Investment & Construction Risk: Requires substantial financial outlay for construction and carries inherent risks associated with large-scale development, including potential cost overruns, delays, and contractor management.
Limited Buyer Pool: The property appeals exclusively to developers or affluent buyers specifically seeking a custom-build opportunity, thereby excluding a large segment of the market looking for existing, move-in ready homes.
No Immediate Occupancy/Income: As a vacant lot, the property offers no immediate occupancy or rental income, incurring carrying costs (e.g., property taxes) until construction is complete and the home is ready for use or sale.

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