
Encino, California 91436
Analysis of 5001 Petit Ave, Encino, California 91436 is currently available with a list price of $1,695,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Property is new construction or fully renovated.
Although originally built in 1949, the property has undergone an extensive recent renovation making it move-in ready and turnkey. The interior features new natural wood flooring, fresh paint, and recessed lighting. The kitchen is fully modernized with white shaker cabinets, stone countertops, and stainless steel appliances, while the bathrooms have been updated with contemporary fixtures and vanities, meeting the criteria for a recently renovated high-quality home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7988, living area = 1140.
Elementary School: Roscomare Road Elementary School (9/10).
The property was recently sold within the past year on 2025-11-06. The sold price is $1,250,000.00.
Welcome to 5001 Petit Avenue, a beautifully refreshed turnkey home in the heart of Encino, filled with abundant natural sunlight and offering comfort, location, and exceptional future potential. This residence features 2 bedrooms, 1.5 bathrooms, plus a versatile third room that can be used as an additional bedroom, home office, den, or creative space. The home is move-in ready and thoughtfully updated with natural wood flooring, fresh interior paint, and a bright, airy feel throughout. Large windows invite natural light into the living spaces, creating a warm and welcoming atmosphere. The inviting kitchen offers excellent functionality and flow, ideal for everyday living and entertaining. Set on a large, flat, and highly usable lot, the property offers outstanding expansion and development potential, including the possibility for an ADU, guest house, or additional living space (buyer to verify). The generous lot layout provides flexibility for future growth, enhanced outdoor living, or income-producing opportunities, while still maintaining privacy and usability. The property also features ample on-site and off-street parking, a valuable asset in this desirable Encino neighborhood. Enjoy a quiet residential setting just minutes from Ventura Boulevard, with convenient access to dining, shopping, parks, and major commuter routes. Clean, updated, and well-presented, this Encino home offers the ideal blend of turnkey living today and long-term upside tomorrow.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 2.2 mi
Grades K-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 1% |
| Baths | 2.0 | 4.0 | 13% |
| Square foot | 1,140 | 3,193 | 1% |
| Lot Size | 7,988 | 13,979 | 23% |
| Price | $1.70M | $2.36M | 25% |
| Price per sq ft | $1.5K | $721 | 99% |
| Built year | 1949 | 1962 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 97 | 168 | 27% |
Mar 21, 2026
$1,695,000
$1,750,000
-3% Price Drop
Initial Listing
Jan 15, 2026
$1,750,000
Initial Listing
Nov 6, 2025
$1,250,000
Public Record
Jan 26, 1999
$195,000
Public Record