new - 9 hours on rocket

4700 Balboa Ave, Encino, CA, 91316

$6,700,000

5 Bedrooms
5 Full Baths, 3 Partial
9,211 SqFt
$727/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
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
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

4700 Balboa Ave vs Los Angeles

1 DAY ON ROCKET

-37 Days

$6,700,000

+$5.6M More

$727/SqFt

+$86 More

KEY TAKEAWAY

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

IDX 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

Apr 30, 2001Home Sold
$769,000
Jun 11, 1999Home Sold
$600,000
Apr 13, 1998Home Sold
$538,500

Tax History

YEARPROP. TAXASSESSMENT
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

$33.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$20.1K

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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

school-card-donut-1764078
7
/10
  • Encino Charter Elementary School

  • 16941 Addison St

  • 0.45 miles

  • Public Charter Grades KG-5

school-card-donut-1764079
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 8.46 miles

  • Public Magnet Grades 1-5

school-card-donut-1764080
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 10.26 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-1764081
7
/10
  • Gaspar De Portola Middle School

  • 18720 Linnet St

  • 2.37 miles

  • Public Magnet Grades 6-8

school-card-donut-1764082
4
/10
  • Studio

  • 2211 W Avenue 30

  • 15.63 miles

  • Public District Grades 6-8

High School

school-card-donut-1764083
7
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 2.45 miles

  • Public Magnet Grades 9-12

school-card-donut-1764084
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 18.53 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

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 7/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Gaspar De Portola Middle School: GreatSchools Rating 7/10
Studio: GreatSchools Rating 4/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
Math, 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.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles913164700 Balboa Ave

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.

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