$540,000
●
Land -
Off Market
3423 Standish Drive
Encino, CA 91436
Studio
0 Bath
$1,192,220
RealtyHop Estimate
87.75%
Since Aug 1, 2014
CA-Los Angeles
Primary Model
About This Property
Over 50,000 sq.ft. is flat last pristine land in the Encino Hills!
Prospective buyers shall do all do diligence in regards subject
property and development opportunities. Subject land located in
Mullholland Scenic Corridor area and has some restrictions to do
development and constructions. Buyer shall verify all information
about restrictions and satisfy him self to make a purchase of the
subject property. Seller/nor agent/broker makes no representations
or warranties for future development. Seller do not have any
permits or plans approved by the City. Per seller : previous owner
has a bond with City on approx 20000$ for hammerhead to be done for
firetrucks in front of the property near the front gate! It
requires less then 300$ per year.
Unit Size
-
Days on Market
74 days
Land Size
1.82 acres
Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
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Year Built
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CLAW #14761675)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Listed by Compass | $1,150,000 | |
| Listed by Compass | |||
| | |||
|
Located at the end of a quiet cul-de-sac in the exclusive Encino Hills, this rare offering presents a prime opportunity to build your dream estate. Set in a peaceful, private neighborhood with easy access to the Westside via Mulholland Drive and all the amenities of the Valley, the property features a spacious, buildable lot with significant potential. Included are documents from prior investigations, along with two separate conceptual projects: one set of unpermitted architectural plans totaling 9,349 sq.ft.a 5 bed, 5 bath + office + library main house of 7,006 sq.ft. and a 2 bed, 2 bath guest house of 2,343 sq.ft. with pool and a second, more recent design with architectural renderings for a different vision. Buyer to independently verify development potential and buildable square footage. Located within the distinguished Lanai Road Elementary School's District.
| |||
| Jul 30, 2014 | Sold | ||
| Sold | |||
| May 17, 2014 | Listed by Keller Williams Beverly Hills | $635,000 | |
| Listed by Keller Williams Beverly Hills | |||
Property Highlights
Comparables
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Closing Price
Sold On
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HOA + Taxes
About South Valley
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Listed by: Lenny Lerman, Keller Williams Beverly Hills
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 14761675
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 14761675
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