4435 Petit Avenue, Encino, California 91436, Encino, 91436 - 3 bed, 3 bath
4435 Petit Avenue
Encino, California 91436
Property Price
SUMMARY
Analysis of 4435 Petit Avenue, Encino, California 91436 reveals a Prime Investment Opportunity with a current list price of $2,800,000—significantly undercutting the $2,962,057 Fair Market Value by 5%. This valuation gap indicates a +$162,057 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Encino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4435 Petit Avenue Subject | $2,800,000* List Price | 3 | 3 | 4,040 | $733 | - |
A 4950 Woodley Avenue Sold | $3,125,000 | 5 | 5 | 4,385 | $713 | 1.0 mi |
B 4463 Bergamo Drive Active | $3,200,000 List Price | 4 | 4 | 3,552 | $901 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although originally built in 1963, the property is move-in ready and has undergone significant renovations. The kitchen features modern stone countertops and stainless steel appliances, and the primary suite has been specifically upgraded. The interior showcases updated flooring, recessed lighting, and large windows that are well-maintained. While some architectural elements reflect its original era, the major living spaces meet modern standards and show minimal wear, placing it firmly in the 'good' category.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 41374, living area = 4040.
- Great Schools
Elementary School: Roscomare Road Elementary School (9/10).
- Significant Development Potential
The property offers exceptional investment opportunities under California SB9, with the potential to subdivide the adjacent parcel and construct multiple single-family residences or ADUs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =41374, other record lot size in square feet = 67768.
- Complex Transaction Structure
The requirement to purchase the property alongside an adjacent parcel for a total of $4 million may complicate financing and deter buyers looking for a standard single-parcel acquisition.
- Development Uncertainty
The listing provides no guarantees regarding zoning, permits, or subdivision feasibility, placing a significant due diligence burden and financial risk on the buyer.
About 4435 Petit Avenue
This home sits on an expansive 46,000 sq ft lot and features a total of 4 bedrooms and 3 bathrooms. The upgraded primary suite offers panoramic city views. The property is being sold together with MLS# 2289-028-015, total of $4 million which includes the adjacent tennis court parcel totaling 26,367 sq ft. This additional parcel presents potential opportunities under California SB9 to modify the APN and possibly build a single-family residence with two ADUs. There may also be the potential to add another ADU to the main parcel, allowing for an even larger backyard configuration. Buyers and their agents/brokers are advised to independently verify all information regarding subdivision, SB9 regulations, zoning, permits, and development possibilities with the appropriate city authorities. Seller and Seller's broker/agents make no representations or guarantees regarding legal matters or development potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 41,374 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Encino Unified Schools
Lanai Road Elementary School
Grades K-5 • 0.3 mi
Kester Avenue Elementary School
Grades K-5 • 2.5 mi
Roscomare Road Elementary School
Grades K-5 • 2.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 27% |
| Baths | 3.0 | 4.0 | 40% |
| Square foot | 4,040 | 3,273 | 69% |
| Lot Size | 41,374 | 13,270 | 95% |
| Price | $2.80M | $2.36M | 64% |
| Price per sq ft | $693 | $738 | 39% |
| Built year | 1963 | 1964 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 182 | 3% |
Pricing History
Listed for Sale
Feb 17, 2026
$2,800,000
Initial Listing
Sold
Oct 4, 2013
$1,800,000
Public Record