
Encino, California 91316
This South of the Boulevard Value-Add Asset is listed at $2,200,000, currently positioned near its $2,073,799 Fair Market Value. Following a significant $200,000 price reduction, the property presents a motivated entry point into a premier Encino neighborhood. Boasting a Condition Rating of 4, the home features a Granite Kitchen and a unique Multiple Levels architectural layout. The standout 14,695 sqft lot provides a private pool and patio within the Los Angeles Unified district. This property is an ideal canvas for Owner-Occupants looking to customize a sanctuary or Investors seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4444 Rochelle Place Subject | $2,200,000* List Price | 3 | 3 | 2,474 | $838 | - |
A 5053 Aldea Avenue Sold | $2,000,000 | 3 | 2 | 2,235 | $895 | 0.7 mi |
B 17733 Palora Street Sold | $1,700,000 | 4 | 3 | 2,539 | $670 | 0.9 mi |
C 17216 Luverne Place Sold | $2,195,000 | 4 | 4 | 3,276 | $670 | 0.3 mi |
D 17616 Corinthian Drive Active | $2,349,000 List Price | 4 | 4 | 3,127 | $751 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, this property shows signs of being well-maintained but with dated aesthetics. The kitchen features wood cabinets and granite countertops, which appear to have been updated, but the style and color palette suggest a renovation that is likely 10-20 years old, not recent. Stainless steel appliances are present, but not high-end. The hexagonal red tile flooring throughout much of the main living areas and kitchen, along with the brown carpet in other rooms, are significantly outdated. The bathroom with the jetted tub also appears to have been updated with stone surrounds, but again, the style is not contemporary. While functional, the property requires minor updates to bring it to current market standards and appeal, aligning with the 'Fair' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14695, living area = 2474.
The property is situated 'South of the Boulevard' in Encino, a highly coveted and prestigious area known for its desirability and strong property values.
With a substantial 14,695 sqft lot, the property offers ample outdoor space, privacy, and potential for extensive landscaping, additions, or recreational amenities.
Despite being a multi-level home in a desirable area, the property explicitly states 'view: None,' which can be a significant drawback for buyers seeking scenic vistas often associated with such locations.
Built in 1975, the home is nearly 50 years old, suggesting that systems, finishes, and overall aesthetics may require significant modernization to meet contemporary buyer expectations, incurring additional costs.
While offering character, the 'Multiple levels' design can present accessibility challenges for individuals with mobility issues or families with young children, and may not appeal to all buyer demographics.
South of the Boulevard desired, Multiple levels
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,474 | 2,171 | 59% |
| Lot Size | 14,695 | 6,122 | 70% |
| Price | $2.20M | $1.47M | 66% |
| Price per sq ft | $889 | $805 | 75% |
| Built year | 1975 | 1955 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 534 | 159 | 0% |
Dec 27, 2025
$2,200,000
$2,400,000
-8% Price Drop
Initial Listing
Nov 4, 2024
$2,400,000
Initial Listing