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For SaleLuxury

$4,499,000

4,616 sqft$975/sqft180 days on market

16145 High Valley Place

Encino, CA 91436

· 8% down, 7% APR, 30yr fixed

5

Beds

5

Baths

4,616

Square feet

1951

Built

Listing narrative

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.

Listing agent (MLS): Craig Knizek · Listing brokerage (MLS): The Agency

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$4,499,000

Beds

5 bd

Type

House

Home Size

4,616 sqft

Baths

5

Lot Size

0.98 acres

Year

1951

Status

For Sale

Days on Market

180

$ / Sqft

$975

· 8% down, 7% APR, 30yr fixed
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Courtesy of The Agency