4723 Petit Ave, Encino, CA 91436 - View 1
4723 Petit Ave, Encino, CA 91436 - View 2
4723 Petit Ave, Encino, CA 91436 - View 3
4723 Petit Ave, Encino, CA 91436 - View 4
4723 Petit Ave, Encino, CA 91436 - View 5
4723 Petit Ave, Encino, CA 91436 - View 6
4723 Petit Ave, Encino, CA 91436 - View 7
4723 Petit Ave, Encino, CA 91436 - View 8
4723 Petit Ave, Encino, CA 91436 - View 9
4723 Petit Ave, Encino, CA 91436 - View 10
4723 Petit Ave, Encino, CA 91436 - View 11
4723 Petit Ave, Encino, CA 91436 - View 12
4723 Petit Ave, Encino, CA 91436 - View 13
4723 Petit Ave, Encino, CA 91436 - View 14
4723 Petit Ave, Encino, CA 91436 - View 15
4723 Petit Ave, Encino, CA 91436 - View 16
4723 Petit Ave, Encino, CA 91436 - View 17
4723 Petit Ave, Encino, CA 91436 - View 18
4723 Petit Ave, Encino, CA 91436 - View 19
4723 Petit Ave, Encino, CA 91436 - View 20
4723 Petit Ave, Encino, CA 91436 - View 21
4723 Petit Ave, Encino, CA 91436 - View 22
4723 Petit Ave, Encino, CA 91436 - View 23
4723 Petit Ave, Encino, CA 91436 - View 24
4723 Petit Ave, Encino, CA 91436 - View 25
4723 Petit Ave, Encino, CA 91436 - View 26
4723 Petit Ave, Encino, CA 91436 - View 27

4723 Petit Ave, Encino, CA 91436

Sale Price: $1,450,000
Jun 17, 20242,520 sqft4 beds3 baths
Listed by: Elizabeth Friedman
License #: 01507367
Phone #: 310-743-3301
Chelsea Properties
Source:
CRMLS Logo
MLS #: 24405179

Property Description

Prime Encino 12,000 Sq Ft Lot! A Developer's Dream House Opportunity! This exclusive property nestled in the prestigious area of prime Encino, south of the boulevard. This lot offers an unparalleled opportunity for developers to craft a masterpiece in one of Los Angeles' most sought-after neighborhoods. With easy access to major thoroughfares, you'll enjoy the perfect blend of serene residential life and the vibrant city experience.This location is second to none, situated just moments away from the finest shops, restaurants, and all that Encino has to offer. The proximity to top-rated schools, parks, and recreational facilities further enhances the appeal of this prime lot. It's an ideal setting for those looking to create a luxurious residence in a tranquil and upscale environment. For developers and builders, this lot presents a rare gem with significant investment potential. The combination of location, prestige, and development possibilities ensures that any project here will command top market value. Don't miss this extraordinary opportunity to develop a dream home that will set the standard for high-end living in Encino.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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

$19,158

TurboHome Estimated Value

$1,438,100

$571 sqft

High Valuation
$1,510,005
$599/sqft
Normal Valuation
$1,438,100
$571/sqft
Low Valuation
$1,366,195
$542/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$571/sqft$1,438,100

Neighborhood: Encino

Loading map...

Comparative Value

$1.45M

$1.60M

$1.67M

$1.70M

$1.70M

4723 Petit Ave, Encino, CA 91436

Sale Price: $1,450,000

Selected Comparable

4723 Petit Ave, Encino, CA 91436

List Price: $1,599,000

Subject Property

4908 Libbit Ave, Encino, CA 91436

Sale Price: $1,670,000

Selected Comparable

16755 Oak View Dr, Encino, CA 91436

Sale Price: $1,699,500

Selected Comparable

17072 Oak View Dr, Encino, CA 91436

Sale Price: $1,700,000

Selected Comparable

16933 Bosque Dr, Encino, CA 91436

Sale Price: $1,700,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
4723 Petit Ave, Encino, CA 91436

4723 Petit Ave, Encino, CA 91436

List: $1,599,000

Listed: 6/17/2024

Area:2,520 sqft
Price/sqft:$635
Beds:4
Baths:3
Year Built:
Lot Size:12,010

Comparable Properties

COMPARABLE
Choose comps
4723 Petit Ave, Encino, CA 91436

4723 Petit Ave, Encino, CA 91436

Sale: $1,450,000

11/15/20240.00 mi

Area:2,520 sqft
Price/sqft:$575
Beds:4
Baths:3
Year Built:
Weight:21.5%
17072 Oak View Dr, Encino, CA 91436

17072 Oak View Dr, Encino, CA 91436

Sale: $1,700,000

1/8/20250.64 mi

Area:2,527 sqft
Price/sqft:$673
Beds:4
Baths:3
Year Built:
Weight:20.5%
16933 Bosque Dr, Encino, CA 91436

16933 Bosque Dr, Encino, CA 91436

Sale: $1,700,000

12/10/20240.53 mi

Area:2,468 sqft
Price/sqft:$689
Beds:4
Baths:3
Year Built:
Weight:20.2%
16755 Oak View Dr, Encino, CA 91436

16755 Oak View Dr, Encino, CA 91436

Sale: $1,699,500

10/24/20240.12 mi

Area:2,274 sqft
Price/sqft:$747
Beds:4
Baths:3
Year Built:
Weight:19.8%
4908 Libbit Ave, Encino, CA 91436

4908 Libbit Ave, Encino, CA 91436

Sale: $1,670,000

1/3/20250.55 mi

Area:2,027 sqft
Price/sqft:$824
Beds:4
Baths:3
Year Built:
Weight:17.9%

How it Works

1

Meet your local TurboHome agent

We match you with an in-house licensed real estate agent who knows your market
2

We support your home-selling journey

Everything you'd expect your agent to do: pricing, listing, photos, staging, open houses, and negotiating
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
The Mercury News
CBS News
Business Insider
Orange County Register
Silicon Valley
East Bay Times