8 months on rocket

5031 Encino Ave, Encino, CA, 91316

$8,750,000

1.94 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewNone
MLS #SR24049854
Lot Size1.94 Acres
StatusActive

About 5031 Encino Ave

Amazing opportunity to develop one of the largest, flat lots in prime Encino area. Final tract map for four (4) legal lots over 20,000sqft each lot. Also includes RTI plans for four houses with ADU and rec rooms total of approx. 7,200sqft each house. Can be sold as a whole project or individual lots. Call listing agent for more details.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Email: abarazani@ymail.com
  • Listing Agent: Avi Barazani

Exterior Features

Exterior Information:

  • View: None

Lot Features

Lot Information:

  • Lot Size: 1.94 Acres

Other

Directions Information:

  • Directions: W. of Louise/N. of Ventura

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,750,000

Tax Information:

  • Annual Amount: $46,800
  • 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

5031 Encino Ave vs Los Angeles

246 DAYS ON ROCKET

+208 Days

$8,750,000

+$7.7M More

KEY TAKEAWAY

This property is $7.7M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24049854

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Email: abarazani@ymail.com
  • Listing Agent: Avi Barazani

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: 11/15/2024, 11:21:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 15, 2020Home Sold
$3,875,000

Tax History

YEARPROP. TAXASSESSMENT
2021$46,800$3,875,000
2020$6,408$454,670
2019$5,596$445,756
2018$5,479$437,017
2017$5,479$428,449

History based on county public records data.

Payment Calculator

$43.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$26.2K

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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.

Nearby Schools

school-card-donut-338822
7
/10
  • Encino Charter Elementary School

  • 16941 Addison St

  • 0.70 miles

  • Public Charter Grades KG-5

school-card-donut-338823
9
/10
  • Academy for Enriched Sciences

  • 17551 Miranda St

  • 0.86 miles

  • Public District Grades KG-5

school-card-donut-338824
6
/10
  • Nestle Avenue Charter

  • 5060 Nestle Ave

  • 0.91 miles

  • Public Charter Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,664. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5031 Encino Ave

What is the listing price of this property?

The listing price of 5031 Encino Ave property is $8,750,000.

What type of property is this?

The property 5031 Encino Ave is land located in Encino, California, 91316.

Is this property for sale now?

Active Listing: 5031 Encino Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $46,800 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 15, 2020 for $3,875,000. (source: MLS/tax record).

How much acreage is this property?

The property 5031 Encino Ave is 1.94 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles913165031 Encino Ave

This home is located at 5031 Encino Ave in Encino, CA and zip code 91316 in the The San Fernando Valley neighborhood. This home sits on a 1.94 acre lot. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $8,750,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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