16145 High Valley Place, Encino, CA 91436

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

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List Agent Craig Knizek () 818-618-1006 The Agency; CoList ()

List Price
$4,499,000
Status
ACTIVE
MLS#
26832835
Year Built
1951
Bedrooms
5
Bathrooms
5
Living Sq. Ft
4,616
Lot Size
42,806
Days on Market
76
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level

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

Appliances
Dishwasher, Refrigerator, Vented Exhaust Fan
Pool Description
None
Fireplace Description
Living Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Mountain(s), Valley
Garage Spaces Total
3
Sewer
Other
Water
Public

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.