5138 Louise Avenue, Encino, California 91316, Encino, 91316 - 6 bed, 5 bath

5138 Louise Avenue, Encino, California 91316 home-pic-0
ACTIVE UNDER CONTRACT$3,650,000
5138 Louise Avenue, Encino, California 91316
6Beds
5Baths
4,500Sqft
26,553Lot

Price Vs. Estimate

The estimated value ($3,505,386.98) is $144,613.02 (3%) lower than the list price ($3,650,000). This property may be overpriced.

Key pros and cons

Top Pros:
Large Lot Size: The property boasts a sprawling 26,500 sq. ft. double gated lot, providing ample space and privacy.
Top Cons:
Year Built: Built in 1964, the property may require updates to meet modern standards and preferences.

Compared to the nearby listings

Price:$3.65M vs avg $1.47M (+$2,185,000)86%
Size:4,500 sqft vs avg 2,250 sqft78%
Price/sqft:$811 vs avg $74566%

More Insights

Built in 1964 (61 years old).
Condition: The property was built in 1964 but has been updated. The listing mentions a gourmet kitchen, luxurious bathroom with dual vanities, glass shower, and soaking tub, and a new deck off the primary bedroom. It also mentions Tesla solar panels and a recently painted exterior. While not a full recent renovation, these updates suggest the property is well-maintained and move-in ready with no immediate major renovations required.
Year Built
1964
Close
-
List price
$3.65M
Original List price
$3.65M
Price/Sqft
$811
HOA
-
Days on market
-
Sold On
-
MLS number
24469271
Home ConditionGood
Features
Deck
Pool
Patio
View-

About this home

Stately traditional home, set back from the street on a sprawling 26,500 sq. ft. double gated lot in the desirable Amestoy Estates Neighborhood. Enjoy the luxury of a north/south tennis court and a large swimming pool, ideal for both relaxation and recreation. This light and airy home has an open floorplan featuring 6 bedrooms and 5 bathrooms. The living spaces include a family room, a formal dining room, and a spacious living room with a mantled wood burning fireplace. Throughout the home, you'll find hardwood floors. The gourmet kitchen, complete with a breakfast area and a huge walk-in pantry, opens to the family room. French doors lead out to a covered patio and sprawling grounds with grass play area and gardens. The primary bedroom suite includes French doors that open to a brand-new deck, while the luxurious bathroom offers dual vanities, a glass shower and a soaking tub. One of the downstairs bedrooms is generously sized, making it ideal for a home office or home theater/playroom space. Additional features include a finished 2-car attached garage with direct access to the home, a large indoor laundry/utility room with extra storage space, a double gated front with a circular driveway, recently painted exterior, and Tesla solar panels.

Condition Rating
Good

The property was built in 1964 but has been updated. The listing mentions a gourmet kitchen, luxurious bathroom with dual vanities, glass shower, and soaking tub, and a new deck off the primary bedroom. It also mentions Tesla solar panels and a recently painted exterior. While not a full recent renovation, these updates suggest the property is well-maintained and move-in ready with no immediate major renovations required.
Pros & Cons

Pros

Large Lot Size: The property boasts a sprawling 26,500 sq. ft. double gated lot, providing ample space and privacy.
Amenities: Features a north/south tennis court and a large swimming pool, enhancing recreational opportunities.
Spacious Layout: The home offers 6 bedrooms and 5 bathrooms with an open floorplan, providing ample living space.
Gourmet Kitchen: The gourmet kitchen is complete with a breakfast area and a huge walk-in pantry, opening to the family room.
Primary Suite: The primary bedroom suite includes French doors that open to a brand-new deck, and a luxurious bathroom.

Cons

Year Built: Built in 1964, the property may require updates to meet modern standards and preferences.
Active Under Contract: The property's status as 'Active Under Contract' indicates a pending sale, which may deter some potential buyers.
No Specific View Mentioned: Although the property is in a desirable neighborhood, the listing does not highlight any specific or exceptional views.

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