$3,000,000
●
House -
Off Market
4561 TARA Drive
Encino, CA 91436
5 Beds
6 Baths
5,284 Ft²
$4,936,433
RealtyHop Estimate
49.63%
Since Dec 1, 2018
CA-Los Angeles
Primary Model
About This Property
A beautifully remodeled home, set upon a generous half-acre of lush
grounds in coveted Clark Gable Estates.Prime location on a quiet
cul-de-sac behind private gates. This neighborhood boasts the
tranquility of hidden utilities and the safety of a private
overnight neighborhood security officer. The impressive front
entrance, set high up off the street, affords lovely tree-top and
Valley views. A hip glass elevator makes the three levels
accessible for all.The stunning master bedroom suite serves as your
sanctuary and radiates a sense of openness with its vaulted 14-foot
ceilings, sitting area complete with a fireplace and bar, private
balcony, and master bathroom with a relaxing sauna and luxurious
tub. The resort-style backyard, with new BBQ, outdoor shower, and
automated audio and lights, is great for relaxing and entertaining.
Superb value for a unique house that radiates charm and timeless
appeal.
Unit Size
5,284 Ft²
Days on Market
63 days
Land Size
0.48 acres
Price per sqft
$624
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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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: 4 months ago (CLAW #18386456)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2018 | Sold | ||
| Sold | |||
| Sep 18, 2018 | No longer available | - | |
| No longer available | |||
| Sep 18, 2018 | Listed by The Oppenheim Group | $3,299,000 | |
| Listed by The Oppenheim Group | |||
| Jun 8, 2018 | Listed | $3,495,000 | |
| Listed | |||
| | |||
|
A beautifully remodeled home, set upon a generous half-acre of lush grounds in coveted Clark Gable Estates. Prime location on a quiet cul-de-sac behind private gates. This neighborhood boasts the tranquility of hidden utilities and the safety of a private overnight neighborhood security officer. The impressive front entrance, set high up off the street, affords lovely tree-top and Valley views. A hip glass elevator makes the three levels accessible for all. The stunning master bedroom suite serves as your sanctuary and radiates a sense of openness with its vaulted 14-foot ceilings, sitting area complete with a fireplace and bar, private balcony, and master bathroom with a relaxing sauna and luxurious tub. The resort-style backyard, with new BBQ, outdoor shower, and automated audio and lights, is great for relaxing and entertaining. Superb value for a unique house that radiates charm and timeless appeal. The manager has listed the unit size as 5284 square feet.
| |||
Property Highlights
Elevator
Garage
Air Conditioning
Fireplace
With View
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: Jason Oppenheim, The Oppenheim Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18386456
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18386456
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