5725 Enfield Avenue, Encino, California 91316, Encino, 91316 - 2 bed, 1 bath
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Encino, California 91316
This shovel-ready project represents a High-Potential Investment Opportunity, listed at a List Price of $750,000—positioned well above the $700,338 Fair Market Value by -7%. Featuring a 9,549 sq ft lot with approved plans for four units, this asset allows developers to bypass lengthy entitlement processes. With a Condition Rating of 6, the site is strictly a land-value play for new construction. This is an ideal acquisition for Real Estate Developers or Buy-and-Hold Investors seeking to maximize density in a prime Encino location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5725 Enfield Avenue Subject | $750,000* List Price | 2 | 1 | 806 | $897 | - |
A 6001 Jellico Avenue Pending | $799,000 List Price | 2 | 1 | 926 | $863 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1949 and marketed as a shovel-ready development opportunity, this property is being sold for its land value and approved plans for new construction. The existing structure is over 70 years old and the listing focuses entirely on the site's potential for redevelopment into four new units.
The property is fully entitled with approved plans for four units, allowing a developer to bypass the lengthy and costly city approval process and move straight into the construction phase.
The subdivided lot allows for the construction of two single-family homes and two ADUs, maximizing the square footage and providing significant upside through multiple rental streams or high-value resale.
Situated in a highly desirable and established neighborhood, the project benefits from strong market demand and high comparable values for new construction in the San Fernando Valley.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4384, other record lot size in square feet = 9546.
The requirement to purchase both parcels together for a total of $1.45M increases the initial capital barrier and limits the buyer pool to those capable of a larger-scale acquisition.
As a ground-up development project, it requires substantial additional investment for construction and management beyond the land purchase price, which may be a deterrent for non-developers.
Calling all developers and investors—this is a rare, shovel-ready opportunity at 5725 Enfield Ave, featuring a flat 9,549 sq ft lot already subdivided into two parcels with approved plans to build a total of four units. Parcel A (5725 N Enfield Ave) offers approved plans for a 4-bedroom, 3.5-bath single-family home with approximately 1,992 sq ft and a 1-car attached garage, along with a separately permitted detached ADU at 5725 ½ N Enfield Ave featuring 1 bedroom, 1 bathroom, and 417 sq ft on a 4,384 sq ft lot. Parcel B (5727 Enfield Ave) is a vacant lot with approved plans for another 4-bedroom, 3.5-bath single-family residence of approximately 1,992 sq ft with a 1-car attached garage, plus an attached 1-bedroom, 1-bath ADU at 5727½ N Enfield Ave, totaling 5,151 sq ft. This fully entitled project allows a developer to skip the lengthy approval process and move straight into construction, offering excellent upside through new construction, ADU income potential, or resale, making it an exceptional investment in an established Valley neighborhood. Parcel A is for sale at $750,000, Parcel B for sale at $650,000.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 5.0 |
| Baths | 1.0 | 5.0 |
| Square foot | 806 | 3,822 |
| Lot Size | 4,384 | 15,887 |
| Price | $750.0K | $2.45M |
| Price per sq ft | $931 | $778 |
| Built year | 1949 | 1976 |
| HOA | $0 | $504 |
| Days on market | 36 | 56 |
Jun 16, 2026
$750,000
Initial Listing
Dec 1, 2023
$1,000,000
Public Record