4444 Rochelle Place, Encino, California 91316, Encino, 91316 - 3 bed, 3 bath

4444 Rochelle Place, Encino, California 91316 home-pic-0
ACTIVE$2,400,000
4444 Rochelle Place, Encino, California 91316
3Beds
3Baths
2,474Sqft
14,695Lot

Price Vs. Estimate

The estimated value ($1,962,479.355) is $437,520.645 (18%) lower than the list price ($2,400,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Situated 'South of the Boulevard' in Encino, this property benefits from a highly desirable and prestigious address known for its excellent community and amenities.
Top Cons:
Dated Condition & Renovation Required: Built in 1975, the property likely requires significant modernization and updates to meet current aesthetic and functional standards, which will entail substantial investment.

Compared to the nearby listings

Price:$2.40M vs avg $1.47M (+$935,000)75%
Size:2,474 sqft vs avg 2,250 sqft59%
Price/sqft:$970 vs avg $74589%

More Insights

Built in 1975 (50 years old).
Condition: Built in 1975, this property shows signs of being aged but maintained. The kitchen features updated stainless steel appliances and recessed lighting, but the wood cabinets, granite countertops, and especially the hexagonal terracotta tile flooring appear to be from a renovation 15-25 years ago, making them outdated. Bathrooms have some updated features like a jetted tub and stone finishes, but are not modern. Other areas feature dated brown carpet and older light fixtures, indicating a need for significant cosmetic updates to align with current styles and preferences.
Year Built
1975
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$970
HOA
-
Days on market
-
Sold On
-
MLS number
SR24208832
Home ConditionFair
Features
Pool
Patio
View-

About this home

South of the Boulevard desired, Multiple levels

Condition Rating
Fair

Built in 1975, this property shows signs of being aged but maintained. The kitchen features updated stainless steel appliances and recessed lighting, but the wood cabinets, granite countertops, and especially the hexagonal terracotta tile flooring appear to be from a renovation 15-25 years ago, making them outdated. Bathrooms have some updated features like a jetted tub and stone finishes, but are not modern. Other areas feature dated brown carpet and older light fixtures, indicating a need for significant cosmetic updates to align with current styles and preferences.
Pros & Cons

Pros

Prime Location: Situated 'South of the Boulevard' in Encino, this property benefits from a highly desirable and prestigious address known for its excellent community and amenities.
Generous Lot Size: The substantial 14,695 sqft lot offers ample outdoor space, privacy, and significant potential for landscaping, adding a pool, or future expansion.
Spacious Interior: With 2474 sqft, 3 bedrooms, and 3 bathrooms, the property provides a comfortable and functional living environment suitable for families.
Architectural Potential: The 1975 build and 'Multiple levels' description suggest a classic architectural style that, with thoughtful renovation, could be transformed into a unique and modern residence.
Value-Add Opportunity: Given its prime location, large lot, and age, the property presents a strong investment opportunity for buyers willing to undertake modernization and capitalize on potential equity growth.

Cons

Dated Condition & Renovation Required: Built in 1975, the property likely requires significant modernization and updates to meet current aesthetic and functional standards, which will entail substantial investment.
Lack of Premium Views: The property explicitly states 'view:None,' which is a notable disadvantage in a high-value Encino location where panoramic views often command a significant premium.
Multi-Level Layout Challenges: While offering character, a multi-level layout can sometimes present challenges for accessibility, flow, and may not appeal to all buyers seeking single-story living or more open-concept designs.

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