5115 Collett Avenue, Encino, California 91436, Encino, 91436 - 4 bed, 4 bath
5115 Collett Avenue
Encino, California 91436
Property Price
SUMMARY
Analysis of 5115 Collett Avenue, Encino, California 91436 reveals a property with a current list price of $3,750,000, which is 10% above the estimated $3,404,256 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5115 Collett Avenue Subject | $3,750,000* List Price | 4 | 4 | 5,715 | $596 | - |
A 15850 Seville Lane Sold | $2,800,000 | 5 | 6 | 5,386 | $520 | 0.4 mi |
B 5019 Gaviota Sold | $3,100,000 | 5 | 6 | 5,200 | $596 | 0.2 mi |
C 4440 Bergamo Drive Sold | $3,300,000 | 5 | 7 | 5,617 | $588 | 0.7 mi |
D 4976 Odessa Avenue Sold | $2,750,000 | 4 | 5 | 3,520 | $781 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1991, this property is 33 years old. While described with 'high-end finishes,' the age suggests that the kitchen, bathrooms, and other systems likely show signs of being outdated and may require modernization to meet contemporary standards, as indicated by the property analysis. Major components are presumed functional but would benefit from updates.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Roscomare Road Elementary School (9/10).
- Prime Encino Location
Located in the 'heart of Encino' and described as one of the 'Valley’s most sought-after neighborhoods,' offering high desirability and strong potential for appreciation.
- Expansive Luxury Living Space
A substantial 5,715 sqft of 'beautifully designed space' with 'expansive living areas' and 'high-end finishes,' catering to a luxurious and comfortable lifestyle.
CONSRISKS & DEFICIENCIES
- Absence of Specific Views
The property details explicitly state 'view: None,' which can be a significant drawback for a luxury estate in Southern California where scenic or panoramic views are often highly sought after and can command a premium.
- Varied School Performance
While some nearby schools have good ratings, several public schools in the immediate vicinity, particularly at the middle and high school levels, show lower performance ratings, which could be a concern for families prioritizing top-tier public education.
- Age of Construction (Potential for Modernization)
Built in 1991, the property is over three decades old. Despite mentions of 'high-end finishes,' some buyers in the luxury market may seek newer construction or anticipate the need for modernization of certain systems or design elements to meet contemporary standards and preferences.
About 5115 Collett Avenue
Located in the heart of Encino, CA, this stunning 4-bedroom, 4-bathroom estate offers luxury living across 5,715 square feet of beautifully designed space. Set on a generous 11,956-square-foot lot, the property features expansive living areas, high-end finishes, and a seamless indoor-outdoor flow perfect for entertaining. The backyard is a private oasis complete with a sparkling pool, ideal for enjoying the Southern California lifestyle. This home combines comfort, elegance, and space in one of the Valley’s most sought-after neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1991
- Lot Size
- 11,956 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Encino Unified Schools
Lanai Road Elementary School
Grades K-5 • 1.1 mi
Kester Avenue Elementary School
Grades K-5 • 1.5 mi
Lemay Street Elementary School
Grades K-5 • 2.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 5,715 | 3,273 | 91% |
| Lot Size | 11,956 | 12,615 | 43% |
| Price | $3.75M | $2.36M | 84% |
| Price per sq ft | $656 | $738 | 28% |
| Built year | 1991 | 1964 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 221 | 184 | 73% |
Pricing History
Listed for Sale
Jul 28, 2025
$3,750,000
Initial Listing