16145 High Valley Place, Encino, CA 91436
- $4,499,000
- 5
- BD
- 5
- BA
- 4,616
- SqFt
Listing courtesy of Listing Agent: Craig Knizek (cknizek@theagencyre.com) from Listing Office: The Agency.
- 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
- 81
- Property Type
- Single Family Residential
- 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
- Cooling
- Yes
- View
- Mountain(s), Valley
- Garage Spaces Total
- 3
- Sewer
- Other
- Water
- Public
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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.