5708 Bianca Ave, Encino, CA 91316 - View 1
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5708 Bianca Ave, Encino, CA 91316 - View 3
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5708 Bianca Ave, Encino, CA 91316 - View 5
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5708 Bianca Ave, Encino, CA 91316

Sale Price: $1,300,000
Aug 22, 20241,242 sqft2 beds2 baths
Listed by: Shiva Mehrdad
License #: 01279649
Phone #: 310-505-9560
Power Brokers
Source:
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MLS #: 24430591

Property Description

Presenting a rare opportunity in the heart of Encino: a 12,444 sq. ft. lot with plans for a remarkable development. The property comes with a complete set of plans to build a spacious 3,445 sq. ft. single-family residence. This future home is designed to feature 6 bedrooms and 5.5 bathrooms, offering ample space for family living and entertaining. These plans offer a modern, spacious layout perfect for luxurious living and entertaining.Enhancing the property's value and versatility is a 500 sq. ft. junior ADU attached to the main house. This additional unit is perfect for guests, in-laws, or as a private office space.Moreover, the property includes approved plans for an additional detached 1,200 sq. ft. ADU. This separate dwelling is ideal for rental income, extended family accommodations, or a private retreat.This prime location in Encino offers endless possibilities for homeowners and investors alike. Don't miss the chance to develop a unique and luxurious residence in one of Los Angeles' most desirable neighborhoods. Seize this exceptional opportunity to create your dream home with added living spaces for maximum flexibility and potential.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,109

TurboHome Estimated Value

$1,362,800

$1,097 sqft

High Valuation
$1,430,940
$1152/sqft
Normal Valuation
$1,362,800
$1097/sqft
Low Valuation
$1,294,660
$1042/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1097/sqft$1,362,800

Neighborhood: Encino

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Comparative Value

$935K

$1.00M

$1.09M

$1.22M

$1.30M

$1.39M

17509 Martha St, Encino, CA 91316

Sale Price: $935,000

Selected Comparable

5611 Babbitt Ave, Encino, CA 91316

Sale Price: $1,000,000

Selected Comparable

17507 Emelita St, Encino, CA 91316

Sale Price: $1,090,000

Selected Comparable

17407 Hatteras St, Encino, CA 91316

Sale Price: $1,220,000

Selected Comparable

5708 Bianca Ave, Encino, CA 91316

Sale Price: $1,300,000

Selected Comparable

5708 Bianca Ave, Encino, CA 91316

List Price: $1,385,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
5708 Bianca Ave, Encino, CA 91316

5708 Bianca Ave, Encino, CA 91316

List: $1,385,000

Listed: 8/22/2024

Area:1,242 sqft
Price/sqft:$1,115
Beds:2
Baths:2
Year Built:
Lot Size:12,444

Comparable Properties

COMPARABLE
Choose comps
5708 Bianca Ave, Encino, CA 91316

5708 Bianca Ave, Encino, CA 91316

Sale: $1,300,000

10/21/20240.00 mi

Area:1,242 sqft
Price/sqft:$1,047
Beds:2
Baths:2
Year Built:
Weight:24.0%
5611 Babbitt Ave, Encino, CA 91316

5611 Babbitt Ave, Encino, CA 91316

Sale: $1,000,000

5/30/20250.22 mi

Area:1,364 sqft
Price/sqft:$733
Beds:3
Baths:2
Year Built:
Weight:19.7%
17509 Martha St, Encino, CA 91316

17509 Martha St, Encino, CA 91316

Sale: $935,000

5/2/20250.12 mi

Area:1,023 sqft
Price/sqft:$914
Beds:2
Baths:1
Year Built:
Weight:19.5%
17507 Emelita St, Encino, CA 91316

17507 Emelita St, Encino, CA 91316

Sale: $1,090,000

2/3/20250.25 mi

Area:1,200 sqft
Price/sqft:$908
Beds:3
Baths:2
Year Built:
Weight:19.1%
17407 Hatteras St, Encino, CA 91316

17407 Hatteras St, Encino, CA 91316

Sale: $1,220,000

11/4/20240.14 mi

Area:1,381 sqft
Price/sqft:$883
Beds:3
Baths:2
Year Built:
Weight:17.6%

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