37
Map
$1,950,000
●
House -
In Contract
4317 Petit Avenue
Encino, CA 91436
4 Beds
2 Baths,
1
Half Bath
2,945 Ft²
$9,575
Est. Monthly
About This Property
SOUTH OF THE BOULEVARD OPPORTUNITY! First time on the market in
over 50 years. This 3-bedroom, 4-bath home sits on an expansive
16,398 sq. ft. tiered lot with approximately 112 feet of frontage,
offering exceptional potential for a builder, developer, or
visionary buyer.
The approximately 2,945 sq. ft. home features a large pool, basketball hoop, and covered cabana. Mature fruit trees enhance the upper level, with potential for a north-south pickleball court, garden retreat, or recreation area. Reimagine the property as a luxury estate and explore the potential for a two-story ADU.
Prime Encino location south of Ventura Boulevard, close to Gelson's Market and the redevelopment of Encino Village at Ventura and Petit, creating a walkable future hub of restaurants and shops.
Large lot. 112-foot frontage. Pool. Prime Encino location. Exceptional potential.
Buyer to independently verify square footage, lot dimensions, zoning, development and ADU potential, and building requirements.
The approximately 2,945 sq. ft. home features a large pool, basketball hoop, and covered cabana. Mature fruit trees enhance the upper level, with potential for a north-south pickleball court, garden retreat, or recreation area. Reimagine the property as a luxury estate and explore the potential for a two-story ADU.
Prime Encino location south of Ventura Boulevard, close to Gelson's Market and the redevelopment of Encino Village at Ventura and Petit, creating a walkable future hub of restaurants and shops.
Large lot. 112-foot frontage. Pool. Prime Encino location. Exceptional potential.
Buyer to independently verify square footage, lot dimensions, zoning, development and ADU potential, and building requirements.
Unit Size
2,945 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$662
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
Listed By
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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: 15 days ago (CRMLS #SR26212343)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | In contract | - | |
| In contract | |||
| Sep 29, 2026 | Listed by Sotheby's International Realty | $1,950,000 | |
| Listed by Sotheby's International Realty | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Circular Driveway, Driveway
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Laundry Features: Laundry Room
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 2945
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1952
Levels: Two
Pool Features: Gunite, In Ground, Private
Pool is Private
Lot Features: TearDown
Lot Size Area: 16431
Lot Size Units: Square Feet
Lot Size Acres: 0.3772
Lot Size Square Feet: 16431
Tax Lot: 26
Water Source: Public
Utilities Details
Cooling Type: Central Air, Zoned
Heating Type: Central
Sewer : Unknown
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About South Valley
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Listed by: Kenneth Melcombe, Sotheby's International Realty
Last Updated: 15 days ago
Data Source: CRMLS, MLS# SR26212343
Last Updated: 15 days ago
Data Source: CRMLS, MLS# SR26212343
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