16145 High Valley Place, Encino, CA 91436

$4,499,000
5
BD
5
BA
4,616
SqFt

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Listing courtesy of Listing Agent: Craig Knizek (cknizek@theagencyre.com) from Listing Office: The Agency.

List Price
$4,499,000
Status
ACTIVE
Days on Market
121
MLS#
26832835
Subtype
Residential
Year Built
1951
Bedrooms
5
Bathrooms
5
Full Baths
5
Living Area
4,616
Lot Size
42,806
Acres
0.98
MLS Area Major
Encino (ENC)

Property Description

The best development opportunity in the Valley. This is your builder's chance to step up to the big Leagues with an entirely "next level" estate that changes their career. Big land, big house, big profits. The location does not get any better. The trail has already been blazed by 14 double-digit sales in the past few years - this isn't an exit of the highest number, a $14M exit is on the lower range of projections. Plenty of upside, plenty of protection on the downside. Quiet cul-de-sac just off exclusive Woodvale Road, in Encino's coveted Royal Oaks neighborhood. Close to Van Nuys private airport, close to the Westside, and close to all of the best Valley private schools, as well as Lanai, the best public elementary. The existing lighted Tennis Court and the perimeter oak trees are massively additive to your bottom line. This pencils out all day long. Rich rewards go to those with vision.

Additional Information

Zoning
LARE15
Flooring
Wood
Appliances
Dishwasher, Refrigerator, Vented Exhaust Fan
Heating
Central
Air Conditioning
Yes
Stories
One Level
Levels
One
Pool Type
None
Parking Features
Driveway, Garage
Garage Spaces
3
View
Mountain(s), Valley

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.