Check Availability
$4,995,000
↓ $355K (6.6%)
House - For Sale

18067 Karen Dr

Encino, CA 91316
bedrooms
5 Beds
bathrooms
7 Baths
square feet
5743 Sqft
$24,527
Estimated Monthly
$0
HOA / Fees

About This Property

Nestled in the serene hills of Encino, this Modern Farmhouse is a subtle masterpiece of modern design. Boasting 5 bedrooms, 7 baths, and a spacious 5,743 square feet, this home, created by celebrity home designer Jae Omar, offers a comfortable and elegant living experience. Approaching the property, a well-manicured lawn and privacy provided by hedges and gates set the tone. Inside, a stone fireplace becomes the focal point, complemented by pocket sliding doors that seamlessly connect indoor and outdoor spaces. Enjoy beautiful views of the valley from the expansive terrace, a perfect spot for relaxation. The gourmet kitchen is equipped with modern appliances, stone counters, and a large island with a breakfast bar, creating a functional and inviting space for both everyday meals and entertaining. The main level hosts a spacious master suite and two additional bedrooms, with the master featuring a large walk-in closet and a spa-like bathroom. The lower level is dedicated to entertainment, offering a sizable media room, a poker game room, and a gym. Two en suite bedrooms on this level open up to the pool area, complete with floor-to-ceiling sliding pocket doors. The outdoor space is designed for leisure, featuring a large pool, spa, outdoor shower, barbecue area, firepit, pool house, sports court, and soccer grounds. Practical amenities include a two-car garage with electric car charging stations. With designer lighting, high ceilings, European oak floors, and jetliner views, this residence strikes a balance between luxury and practicality, making it an ideal home for those seeking both comfort and entertainment in the heart of Encino.

The manager has listed the unit size as 5743 square feet.
Unit Size
5,743Ft²
Days on Market
111 days
Land Size
0.42 acres
Price per sqft
$870
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
Listed By
Last updated: 9 hours ago (CLAWCA #341323)

Price History

Date / Event Date Event Price
Apr 21, 2024 Price Decreased $4,995,000
↓ $355K (6.6%)
Price Decreased
Jan 9, 2024 Listed by The Agency $5,350,000
Listed by The Agency
Oct 6, 2021 No longer available -
No longer available
Aug 5, 2020 Sold to Karen Wang, Michael Wang $4,200,000
Sold to Karen Wang, Michael Wang
Jun 20, 2020 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 18,230
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 5,518
  • Building Area: 5,518
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,518
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: 13873
  • Land Acres: 0.419
  • Legal Description 1: TRACT # 13873 LOT/SEC 12

Ownership

  • Current Owner : WANG MICHAEL
  • Current Owner 2: WANG KAREN
  • Previous Owner : 18067 KAREN LLC
  • Owner Before Previous Owner: HAIK GILLES SAMUEL EL
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 139703

Zoning

  • Zoning: LARA

Geography

  • Assessors Map Reference: 21-C3
  • Subdivision Tract Number: 13873
  • Parcel: 2184-021-014
  • Lot: 12
  • Municipality: NORTH /ENCINO
  • Latitude: 34.1555
  • Longitude: -118.527

    Address

  • Full Address: 18067 Karen Dr
  • Address - House Number: 18067
  • Address - Street Name: Karen
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Encino
  • Carrier Code: C011
  • 4-Digit Zip Code: 4230
  • Zip Code: 91316

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $50,668
  • Tax Rate Code Area: 00-037

    Appraisal Valuation

  • Standard Deviation: 0.2295
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 4,221,099
  • High Value: 5,190,030
  • Low Value: 3,252,167

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,800,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Aug 05, 2020
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $2,100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050
  • Second Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • Second Open Lien Mortgage Recording Date: Jul 19, 2022
  • Second Open Lien Mortgage Loan Amount: $700,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: unknown
  • Second Open Lien Mortgage Loan Due Date: Jul 26, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,369,679
  • Assessed Land Value: $1,955,847
  • Assessed Improvements Value: $2,413,832

    Sales

  • Current Sale Contract Date: Jul 22, 2020
  • Current Sale Recording Date: Aug 05, 2020
  • Current Sale Transaction ID: 11776656268
  • Current Sale Price: $4,200,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 20-0894670
  • Previous Sale Recording Date: Apr 16, 2018
  • Previous Sale Contract Date: Apr 03, 2018
  • Previous Sale Amount: $1,350,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Aug 05, 2020
  • First Mortgage Loan Amount: $2,100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 16, 2018
  • Previous Mortgage Loan Amount: $999,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: May 01, 2048

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
7 Baths
5,927 ft²
$758/ft²
$4,495,000 Apr 15, 2023
-
-
House
6 Beds
7.5 Baths
8,129 ft²
$590/ft²
$4,795,000 Aug 15, 2023
-
-

About South Valley


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Frequently Asked Questions

When was property at 18067 Karen Drive built and last sold?
The property at 18067 Karen Drive was built in 1948 and last sold on Jul 22, 2020 for $4,200,000.
How much is this home worth?
The estimated value of the home located at 18067 Karen Drive is $5,317,427.
What are some comparable homes to 18067 Karen Drive?
Homes that are comparable to 18067 Karen Drive include a house property at 18045 Rancho Street, 17647 Belinda Street, which are both great to check out.

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