33
Map
7032 Encino
About This Property
Located in the desirable Lake Balboa area, this spacious and beautifully upgraded 4-bedroom, 2-bathroom home offers approximately 1,928 sq. ft. of living space on a generous 8,193 sq. ft. lot (60' x 136'). Built in 1951, the home combines timeless character with valuable modern upgrades. Highlights include a PAID-OFF SOLAR SYSTEM, copper repipe, overbuilt HVAC system, central heating and A/C, and a new 50-gallon water heater. The kitchen features custom cabinetry with convenient pull-out storage in most cabinets and the pantry, along with a new refrigerator. The floored and well-lit attic offers approximately 1,000 sq. ft. of additional storage, while ample brick patios in both the front and rear provide inviting spaces for entertaining and relaxing. A hot tub adds an extra touch of comfort. Conveniently located near shopping, dining, parks, schools, major streets, and everyday amenities, this home offers an exceptional combination of space, upgrades, and location in the San Fernando Valley.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2026 | Price Decreased |
$1,099,000
↓ $51K
(4.4%) | |
| Price Decreased | |||
| Sep 3, 2026 | Listed by LPT Realty, Inc | $1,150,000 | |
| Listed by LPT Realty, Inc | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017