
Encino, California 91316
This Stunning Move-In Ready Home is a High-Potential Investment Opportunity, listed at $1,689,500—positioned well below the $1,750,305 Fair Market Value by 3%. This valuation gap offers $60,805 in Instant Equity for the buyer. Featuring an Extensive Modern Rebuild and an Excellent Condition Rating, the property includes a Gourmet Designer Kitchen and Distant Valley Views. Located in the Los Angeles Unified district, this home offers a rare blend of luxury and stability, ideal for Owner-Occupants or discerning professionals seeking a turnkey Encino residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5944 Lasaine Subject | $1,689,500* List Price | 4 | 4 | 2,431 | $720 | - |
A 5741 Ostrom Sold | $1,750,000 | 4 | 3 | 2,251 | $777 | 0.3 mi |
B 17469 Bullock Street Sold | $1,658,000 | 5 | 4 | 2,006 | $827 | 0.2 mi |
C 5940 Shoshone Sold | $1,745,000 | 3 | 3 | 1,972 | $885 | 0.4 mi |
D 17320 Tiara Street Sold | $1,379,000 | 3 | 3 | 1,700 | $811 | 0.0 mi |
E 5910 Alonzo Sold | $1,189,000 | 3 | 2 | 1,600 | $743 | 0.7 mi |
F 5935 Yarmouth Avenue Sold | $2,095,000 | 6 | 8 | 3,105 | $675 | 0.6 mi |
G 5907 Encino Avenue Active | $1,619,900 List Price | 5 | 4 | 2,532 | $640 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been extensively rebuilt and expanded from the foundation up, effectively making it a new home. It features a brand-new designer kitchen, modern bathrooms with high-end finishes, and updated systems throughout. The mint condition and recent total renovation (less than 5 years) meet all criteria for an Excellent rating.
Rebuilt from the foundation up, this home features soaring ceilings, architectural details, and high-end designer finishes that offer a contemporary luxury feel far exceeding a standard remodel.
The oversized kitchen serves as a stunning centerpiece with a substantial island, custom cabinetry, and refined finishes, seamlessly integrated into the open-concept living and dining areas.
Situated in a highly desirable neighborhood, the property offers excellent proximity to Ventura Boulevard’s premier dining and shopping, as well as convenient access to major Westside commuter routes.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2431, other record living area = 783. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
At approximately 5,503 square feet, the lot is relatively compact for a 2,400+ square foot home, which may limit outdoor recreational space or the potential for a large pool.
The property was recently sold for $820,000 in late 2024; the current list price reflects a substantial premium for the rebuild, which may require strong appraisal support in the current market.
Step inside 5944 Lasain Ave and the scale of this home immediately pulls you in. Beyond its newly landscaped front yard, the home opens to approximately 2,432 square feet of expansive, beautifully designed living space, where soaring volume, generous proportions, and wide-open sightlines create an impressive sense of scale. At the heart of the home, an oversized designer kitchen anchors the open living and dining areas, creating one seamless space designed for both everyday living and entertaining. A substantial center island, custom cabinetry, abundant storage, and carefully selected finishes give the kitchen a refined, custom feel while maintaining a warm and inviting atmosphere. The thoughtful 4-bedroom, 3.5-bath layout continues with generously sized bedrooms and a spacious primary suite designed as a true retreat, complete with a beautifully finished bath and ample closet space. Extensively rebuilt and expanded from the foundation up, the home goes far beyond a typical remodel. Every space has been thoughtfully considered, with designer-selected materials, warm natural textures, architectural details, and a cohesive level of finish throughout. The open living areas extend naturally to the private backyard, creating an effortless indoor-outdoor connection with space to dine, entertain, and unwind. Located in Encino with convenient access to Ventura Boulevard, dining, shopping, parks, and major Westside routes, 5944 Lasain offers a rare combination of space, thoughtful design, and quality construction. The true scale and feel of this home are best experienced in person.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.4 |
| Baths | 4.0 | 4.4 |
| Square foot | 2,431 | 3,314.903 |
| Lot Size | 5,503 | 14,363.639 |
| Price | $1.69M | $2.57M |
| Price per sq ft | $695 | $792 |
| Built year | 1949 | 1966 |
| HOA | $0 | $443 |
| Days on market | 27 | 54 |
Aug 13, 2026
$1,689,500
Initial Listing
Nov 19, 2024
$820,000
Public Record