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5001 Petit Ave, Encino, California 91436, Encino, 91436 - 2 bed, 2 bath

5001 Petit Ave, Encino, California 91436 home-pic-0
ACTIVE$1,750,000$1,140/sqft
5001 Petit Ave, Encino, California 91436
2Beds
2Baths
1,140Sqft
7,988Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
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 = 7988, living area = 1140.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-11-06. The sold price is $1,250,000.00.

Compared to the nearby listings

Price:$1.75M vs avg $2.36M ($-610,000)25%
Size:1,140 sqft vs avg 3,386 sqft1%
Price/sqft:$1.5K vs avg $73899%

More Insights

Built in 1949 (77 years old).
Condition: Built in 1949, this home has been 'beautifully refreshed' and is 'turnkey' with 'natural wood flooring' and 'fresh interior paint.' The images confirm a clean, move-in ready condition with updated stainless steel kitchen appliances, modern light fixtures, and well-maintained, functional bathrooms. While the kitchen cabinets are a traditional style, they are in good condition. The property shows signs of thoughtful updates, likely within the last 5-15 years, making it comfortable and requiring no immediate renovations, aligning with a 'Good' rating.
Year Built
1949
Close
-
List price
$1.75M
Original List price
$1.75M
Price/Sqft
$1,535
HOA
-
Days on market
-
Sold On
-
MLS number
SR26008056
Home ConditionGood
Features
Good View: City Lights
Deck
Patio
ViewCity Lights

About this home

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.

H
Horacio Godina
Listing Agent

Nearby schools

8/10
Lanai Road Elementary School
Public,•K-5•0.9mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.2mi
5/10
Lemay Street Elementary School
Public,•K-5•2.4mi
6/10
Lemay Street Elementary School
Public,•K-5•2.5mi
6/10
Newcastle Elementary School
Public,•K-5•2.5mi
9/10
Roscomare Road Elementary School
Public,•K-5•3.4mi
5/10
Brentwood Science School
Public,•K-5•7.7mi
5/10
William Mulholland Middle School
Public,•6-8•2.1mi
3/10
William Mulholland Middle School
Public,•6-8•2.3mi
2/10
Van Nuys Middle School
Public,•6-8•2.6mi
6/10
Gaspar De Portola Middle School
Public,•6-8•2.6mi
4/10
Reseda Senior High School
Public,•9-12•2.8mi
6/10
Van Nuys Senior High School
Public,•9-12•3.0mi
6/10
University Senior High School
Public,•9-12•8.2mi
6/10
University Senior High School Charter
Public,•9-12•8.2mi

Price History

Date
Event
Price
01/26/99
Sold
$195,000
11/06/25
Sold
$1,250,000
Condition Rating
Good
Built in 1949, this home has been 'beautifully refreshed' and is 'turnkey' with 'natural wood flooring' and 'fresh interior paint.' The images confirm a clean, move-in ready condition with updated stainless steel kitchen appliances, modern light fixtures, and well-maintained, functional bathrooms. While the kitchen cabinets are a traditional style, they are in good condition. The property shows signs of thoughtful updates, likely within the last 5-15 years, making it comfortable and requiring no immediate renovations, aligning with a 'Good' rating.
Pros & Cons

Pros

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 = 7988, living area = 1140.
Great Schools: Elementary School: Roscomare Road Elementary School (9/10).
Development & Expansion Potential: The property boasts a large, flat, and highly usable lot with outstanding expansion and development potential, including the possibility for an ADU, guest house, or additional living space, offering significant long-term upside.
Turnkey & Updated Condition: This home is beautifully refreshed and move-in ready, featuring thoughtful updates such as natural wood flooring and fresh interior paint, providing immediate comfort and appeal.
Prime Encino Location: Situated in a quiet residential setting, the property offers convenient access to Ventura Boulevard, with dining, shopping, parks, and major commuter routes just minutes away.
Versatile Interior Space: Beyond the two bedrooms, a versatile third room provides flexibility for use as an additional bedroom, home office, den, or creative space, adapting to various lifestyle needs.
Abundant Natural Light: Large windows throughout the home invite abundant natural sunlight into the living spaces, creating a bright, airy, and welcoming atmosphere.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-11-06. The sold price is $1,250,000.00.
Limited Bathroom Count: The property features only 1.5 bathrooms, which may be a limiting factor for some buyers, particularly those considering the versatile third room as an additional bedroom or for larger households.
Modest Square Footage: With 1140 square feet of living space, the interior is relatively modest for the Encino market and its price point, potentially appealing to a narrower segment of buyers seeking larger homes.
Age of Construction: Built in 1949, while updated, the property may still possess older underlying systems or lack modern amenities such as central air conditioning, which could necessitate future upgrades or maintenance.
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