
Encino, California 91316
Analysis of 5019 Genesta Avenue, Encino, California 91316 is currently available with a list price of $2,675,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1926 with no recorded renovations, this property is nearly 100 years old and is explicitly marketed for land value and ground-up development.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19831, living area = 2719.
The expansive 19,824 SF lot offers a rare opportunity to divide the land into two parcels utilizing SB-9, significantly increasing the investment's potential yield.
Situated in a highly sought-after Encino neighborhood, the property commands premium value and appeals to high-end developers and luxury home seekers.
As a 1926 fixer sold for land value, the existing structure likely has major deferred maintenance, necessitating a total overhaul or demolition.
The property is currently tenant-occupied, which may present logistical challenges for site access, development timelines, and immediate possession.
Encino Compound Opportunity. Older two story home for sale at land value. Large 19,824 SF land parcel. Divide into two parcels. Remodel or build from ground up. Excellent Fixer for contractor/investor/user. Divide into two parcels with SB-9. Tenant occupied. Bring your Contractors and Developers.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.4 |
| Baths | 2.0 | 4.4 |
| Square foot | 2,719 | 3,314.903 |
| Lot Size | 19,831 | 14,363.639 |
| Price | $2.67M | $2.57M |
| Price per sq ft | $984 | $792 |
| Built year | 1926 | 1966 |
| HOA | $0 | $443 |
| Days on market | 57 | 54 |
Jul 14, 2026
$2,675,000
Initial Listing
Apr 22, 2005
$1,250,000
Public Record