
Encino, California 91316
This property presents a High-Potential Investment Opportunity with a List Price of $750,000—positioned well below the $751,735 Fair Market Value by 0.23%. Featuring Shovel-Ready Entitlements for four units across two parcels, this Fair Condition Rating asset allows developers to bypass lengthy approval processes. The project maximizes density through planned single-family homes and ADUs, offering significant upside in a prime Encino location. This is a strategic acquisition ideal for Real Estate Developers or Buy-and-Hold Investors seeking immediate construction readiness.
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 | $933 | - |
A 6001 Jellico Avenue Sold | $912,000 | 2 | 1 | 926 | $985 | 0.5 mi |
B 17634 Bromley Street Pending | $899,000 List Price | 2 | 1 | 1,003 | $896 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1949 with no significant renovations, the existing structure shows clear signs of neglect and structural aging. The listing is explicitly marketed to developers as a 'shovel-ready' opportunity with approved plans for new construction, indicating the current dwelling is unlivable and the value resides entirely in the land and entitlements.
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 directly into the construction phase.
The subdivision into two parcels featuring both single-family homes and ADUs maximizes the lot's utility, offering diverse exit strategies including high-margin resale or multi-unit rental income.
Situated in a highly desirable and established San Fernando Valley neighborhood, the project is positioned to capture strong market demand for new construction in a premium zip code.
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 approved plans only provide for a one-car attached garage per 4-bedroom residence, which may be perceived as insufficient for large families in a suburban market.
The project is marketed as two separate parcels with different price points, which may complicate financing and escrow coordination for a single developer seeking to acquire the entire site.
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 | 4.4 |
| Baths | 1.0 | 4.4 |
| Square foot | 806 | 3,314.903 |
| Lot Size | 4,384 | 14,363.639 |
| Price | $750.0K | $2.57M |
| Price per sq ft | $931 | $792 |
| Built year | 1949 | 1966 |
| HOA | $0 | $443 |
| Days on market | 26 | 54 |
Aug 14, 2026
$750,000
Initial Listing
Dec 1, 2023
$1,000,000
Public Record