ParkingCircular Driveway, Controlled Entrance, Door-Multi, Driveway Level, Driveway, Electric Gate, Garage, Gated, Oversized, Paved, Private, Pull-through, RV Garage, RV Potential, RV Access/Parking, One Space, See Remarks
Attached Garage3 spaces
Year Built2008
HeatingCentral
CoolingCentral Air
FireplaceSee Remarks
ViewCity Lights, Hills, Mountain(s), Trees/Woods
MLS #SR24218496
Lot Size1.27 Acres
StatusActive
About 4700 Balboa Ave
The Most Exquisite Italian Villa on the Hilla..Celebrity-owned haven situated just S. of Ventura in a Beautiful Encino Enclave, yet you feel worlds away when you are HOME! One of a kind custom-built Home embodies luxury & elegance. Private, secluded, cul-de-sac lot & tucked away, remaining entirely hidden from view from Balboa! over 9000 SQFT on 1.27 ACRE Estate, for LAND VALUE alone in this part of Encino, it’s a steal. 2 independent appraisals completed October 2024, in hand @ $7.5M+.Long driveway leads to Double Gates ensuring security & safety to an entertainer’s dream. If you manifested walking a flight of stairs to your office, here’s your dream come true! 1,549 sq. ft. of PROFESSIONAL office space (BIG tax benefit), equipped w/kitchen, bath, 2 private offices & production office, perfect as recording studio, podcast space or writing hub! Separate entrance for staff & clients. Here’s the KICKER! 25 space parking lot! YES, parking for 25+ cars…ideal for Staff parking or hosting grand events! Every detail of this estate embodies old-world charm & elegance, w/country stonework, mature olive trees & layered architectural design throughout. Double Door Entry to towering intricate ceilings of grand foyer. Walk down the ‘red carpet’ on the longest grandest hallway in the valley! Relax in the library accented by gorgeous Pella Doors overlooking an Italian café scene! Stroll to the guest bath where there's a surprise from Marilyn Monroe! Sip cocktails on one of the inviting loggias, or host parties in the formal dining room, which features service passage for staff. Entertain guests in the cabaret theater, complete with an elevated stage, serve drinks from and-carved historic bar! Throughout the home, on each level, there are several outdoor spaces offering exceptional privacy & abundant charm & room for huge POOL! Take the elevator to the PENTHOUSE LEVEL primary suite, private retreat offering dual separate his/hers bathrooms & 2 separate spacious walk-in closets. In “his” wing, men’s club style steam shower, or “her” spa-resort experience in her own boudoir wing featuring a soaking/jacuzzi sunken bath adorned w/white Calacutta gold marble imported from Italy! Enjoy a nightcap on the veranda off your personal professional home gym, taking in picturesque sunset views to close out your evening. This is a HOUSE you Must See to Appreciate! There’s nothing like this on the market at this price so don’t wait because it won’t be available for long!
Property Details
Property Features
Property Information:
Architectural Style: Custom, Mediterranean, Spanish, See Remarks
Year Built: 2008
Stories: 3
Living Area: 9,211 SqFt
Listing Office:
Office Name: Rodeo Realty
Office Phone: (818) 482-0085
Listing Agent: Poupee Komenkul
Interior Features
Interior Information:
Appliances: Stove, Range, Convection Oven, Double Oven, Dishwasher, Electric Range, Gas Cooktop, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Warming Drawer, Water Purifier, Dryer, Washer
Flooring Type: Carpet, Tile, Wood
Interior: Beamed Ceilings, Wet Bar, Breakfast Bar, Balcony, Breakfast Area, Ceiling Fan(s), Cathedral Ceiling(s), Coffered Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Elevator, High Ceilings, Pantry, Recessed Lighting, Smart Home, Two Story Ceilings, Wired for Data, Bar, Wired for Sound, Bedroom on Main Level, Entrance Foyer
Fireplace: See Remarks
Bedroom and Bathroom Information:
Partial Bathrooms: 3
Full Bathrooms: 5
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: No
View: City Lights, Hills, Mountain(s), Trees/Woods
Exterior: Barbecue
Parking Information:
Garage Space: 3 spaces
Attached Garage: Yes
Parking: Circular Driveway, Controlled Entrance, Door-Multi, Driveway Level, Driveway, Electric Gate, Garage, Gated, Oversized, Paved, Private, Pull-through, RV Garage, RV Potential, RV Access/Parking, One Space, See Remarks
Lot Features
Lot Information:
Lot: Back Yard, Cul-De-Sac, Flag Lot, Front Yard, Garden, Greenbelt, Gentle Sloping, Lawn, Landscaped, Paved, Sprinklers, Trees
Lot Size: 1.27 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Gaspar De Portola Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Encino Charter Elementary School, Public Charter Grades KG-5
Academy For Enriched Sciences, Public Magnet Grades 1-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Other
Directions Information:
Directions: US 101 to Balboa Ave in Los Angeles 91316 southside of Ventura Blvd. - cannot see home from street - private driveway to remote double gates
Price Information
Listing Price Info
Price Summary:
List Price: $6,700,000
Price Per SqFt: $727/SqFt
Tax Information:
Annual Amount: $32,192
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $5.6M more than the Median Sold Price and $86/SqFt more than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SR24218496
Listing Office:
Office Name: Rodeo Realty
Office Phone: (818) 482-0085
Listing Agent: Poupee Komenkul
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/4/2024, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 30, 2001
Apr 30, 2001Home Sold
$769,000
Jun 11, 1999
Jun 11, 1999Home Sold
$600,000
Apr 13, 1998
Apr 13, 1998Home Sold
$538,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$32,192
$2,647,285
2020
$31,235
$2,620,142
2019
$30,820
$2,568,767
2018
$30,152
$2,518,400
2017
$30,152
$2,469,021
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$33.5K
Per Month
Principal & Interest
$33.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$20.1K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Encino Charter Elementary School
16941 Addison St
Distance between this listing and this school0.45 miles
Public Charter Grades KG-5
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school8.46 miles
Public Magnet Grades 1-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school10.26 miles
Public Magnet Grades KG-6
Middle School
7
/10
Gaspar De Portola Middle School
18720 Linnet St
Distance between this listing and this school2.37 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school15.63 miles
Public District Grades 6-8
High School
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school2.45 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school18.53 miles
Public Magnet Grades 9-12
Assigned Schools
7
/10
Encino Charter Elementary School
16941 Addison St
Distance between this listing and this school0.45 miles
Public Charter Grades KG-5
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school8.46 miles
Public Magnet Grades 1-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school10.26 miles
Public Magnet Grades KG-6
Assigned Schools
7
/10
Gaspar De Portola Middle School
18720 Linnet St
Distance between this listing and this school2.37 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school15.63 miles
Public District Grades 6-8
Nearby Schools
7
/10
Hesby Oaks Leadership Charter
15530 Hesby St
Distance between this listing and this school1.74 miles
Public Charter Grades KG-8
Assigned Schools
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school2.45 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school18.53 miles
Public Magnet Grades 9-12
Nearby Schools
9
/10
High Tech La
17111 Victory Blvd
Distance between this listing and this school2.18 miles
The neighbors living near this home have an average income of $136,218. The majority of Los Angeles, CA residents have income $200k+ annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4700 Balboa Ave
What is the listing price of this property?
The listing price of 4700 Balboa Ave property is $6,700,000.
What type of property is this?
The property 4700 Balboa Ave is a house located in Encino, California, 91316.
Is this property for sale now?
Active Listing: 4700 Balboa Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 4700 Balboa Ave are: Encino Charter Elementary School: GreatSchools Rating 7/10Academy For Enriched Sciences: GreatSchools Rating 9/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Gaspar De Portola Middle School: GreatSchools Rating 7/10Studio: GreatSchools Rating 4/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $32,192 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 30, 2001 for $769,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 4700 Balboa Ave has 5 bedrooms and 5 full and 3 half bathrooms.
What is the square footage of this property?
The property 4700 Balboa Ave is 9,211 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4700 Balboa Ave is 2008.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4700 Balboa Ave in Encino, CA and zip code 91316 in the The San Fernando Valley neighborhood. This 9,211 square foot home, which was built in 2008, sits on a 1.27 acre lot. Features: 5 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $6,700,000.
In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.