16145 High Valley Place, Encino (Los Angeles), CA 91436
- $4,499,000
- 5
- BD
- 5
- BA
- 4,616
- SqFt
- List Price
- $4,499,000
- Status
- ACTIVE
- MLS#
- CL26832835
- Days on Market
- 86
- Property Type
- Single Family Residence
- Bedrooms
- 5
- Bathrooms
- 5
- Living Area
- 4,616
- Lot Size
- 42,806
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
- Stories
- One Story
- Hoa Amenities
- Gated
- Year Built
- 1951
- Acres
- 0.98
- Views
- Mountain(s), Valley
- Flooring
- Wood
- Kitchen Features
- Dishwasher, Refrigerator, Other
- Pool Description
- None
- Fireplace Description
- Living Room
- Garage Description
- Other
- Garage Spaces
- 3
- Cooling
- Central Air
- Heating
- Central
- Parking Description
- Other
- Laundry Features
- Laundry Room, Inside
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Listing courtesy of Craig Knizek from The Agency
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