Listing Agent: Craig Knizek Broker/Office: The Agency
16145 High Valley Place Encino CA 91436
$ 4,499,000
5
| 5
| 4616 Sq Feet
Listing ID
#26832835
Status
Active
Property Type
Single Family Residence
County
Los Angeles
Year Built
1951
Days on website
3
Description
The best development opportunity in the Valley. This is your builder's chance to step up to the big Leagues with an entirely "next level" estate that changes their career. Big land, big house, big profits. The location does not get any better. The trail has already been blazed by 14 double-digit sales in the past few years - this isn't an exit of the highest number, a $14M exit is on the lower range of projections. Plenty of upside, plenty of protection on the downside. Quiet cul-de-sac just off exclusive Woodvale Road, in Encino's coveted Royal Oaks neighborhood. Close to Van Nuys private airport, close to the Westside, and close to all of the best Valley private schools, as well as Lanai, the best public elementary. The existing lighted Tennis Court and the perimeter oak trees are massively additive to your bottom line. This pencils out all day long. Rich rewards go to those with vision.
Location
Financial Information
List Price:
$ 4499000
Property Features
Appliances:
Dishwasher, Refrigerator
Community Features:
Gated
Flooring:
Wood
Furnished:
Unfurnished
Heating:
Central
Laundry Features:
Inside
Levels:
One
Parking Features:
Driveway, Garage
Senior Community YN:
false
Sewer:
Other
View:
Valley
Water Source:
Public
Senior Community YN:
false
MLS Area Major:
ENC - Encino
City:
Encino
Listed By:
Craig Knizek
The Agency
Co-listed by Maxim Sidelnik
CA Lic#
Co-listed by Maxim Sidelnik
CA Lic#