$3,200,000
SOLD JUL 31, 2025

16050 Royal Mount Dr Encino, CA 91436

4 Beds
5 Baths
4,646 Sq Ft
0.57 Acres

Recently Sold

$689 Per Sq Ft

7% Below List Price

64 Days on Market

Highlights

  • All Bedrooms Downstairs
  • View of Trees or Woods
  • Family Room with Fireplace
  • Lanai Road Elementary Rated A
  • 0.57 Acre Lot
  • Traditional Architecture

About This Home

As of July 2025

An extraordinary opportunity to create your dream estate in this exclusive and sought-after Royal Oaks neighborhood of Encino. This amazing 1966 home has 4 bedrooms, 5 baths, 4600 square feet, a great floorplan, sitting on a 1/2-acre lot with ultimate privacy on a secluded cul-de-sac street. Make you dreams come true in the heart of Los Angeles. ALSO, RTI Plans Approved & Shovel Ready! Great potential for an Owner User or HIGH-END Developer with approved plans are for an expansive 12,000 square foot modern estate.

Last Agent to Sell the Property

Nick Tatone

Rodeo Realty License #01314700 Listed on: 05/05/2025

Rodeo Realty

Last Buyer's Agent

Tony Adjian

Maxwell Realty Inc License #01994912

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,000

Year Built

  • Built in 1966

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 173x140
  • Cul-De-Sac
  • East Facing Home
  • Fenced Yard
  • Front and Back Yard Sprinklers
  • Back Yard
  • Value in Land
  • Tear Down
  • Property is zoned LARE15

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces

Property Views

  • Woods
  • Peek-A-Boo

Home Design

  • Traditional Architecture
  • Major Repairs Completed
  • Fixer Upper
  • Combination Foundation
  • Plaster Walls
  • Spanish Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,646 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Center Hall
  • Wood Flooring
  • Partial Basement
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Oven
  • Gas Cooktop
  • Range Hood

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • Powder Room
  • 5 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2285-018-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,000

Year Built

Built in 1966

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: RTI Plans Approved SHOVEL READY! An extraordinary opportunity to build your dream estate in this highly exclusive and sought-after Royal Oaks Encino neighborhood located South of the Blvd, on an amazing 1/2 acre lot located on a super exclusive 6 home cul-de-sac. The approved plans are for an expansive 12,000 square foot modern home, with 5 ensuite bedrooms including a luxurious resort-style master suite, open concept floor plan with huge 12 foot ceilings, indoor/outdoor CA living, 10 total baths, formal office, formal dining with beautiful wine display wall, butler's pantry, spa, sauna and gym rooms, entertainment/parlor room, 12 seat state of the art media room, great room with an amazing chef's kitchen with all the bells and whistles, double-island, walk-in pantry, breakfast room, full laundry room plus an attached ADU with bedroom, great room, fully equipped kitchen.
  • Entry Location: Foyer
  • Exclusions: none
  • Living Area: 4646
  • Lot Acreage: 0.5690
  • Lot Dimensions: 173x140
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Fixer, Repairs Major, Tear Down
  • Stories: 2
  • Year Built: 1966
  • Builders Tract Name: RTI Plans Approved SHOVEL READY!
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Basement - Partial, Detached/No Common Walls, Plaster Walls, Storage Space
  • Number Of Remote Controls: 1
  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Wood, Mixed
  • Appliances: Range Hood, Oven, Cooktop - Gas
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: Primary Suite, All Bedrooms Down
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Room, Family Kitchen
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Built-Ins, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Inclusions: RTI PLANS
  • Price Per S Q F T: 744.08

Exterior Features

  • Direction Faces: East
  • Construction: Stucco, Wood Siding
  • Other Features: High Ceilings (9 Feet+)
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Combination
  • Fence: Privacy
  • Pool: No
  • Roof: Spanish Tile
  • Spa Yn: No
  • View: Peek-A-Boo, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 2
  • Covered Parking: 3
  • Parking Garage: Covered Parking, Direct Entrance, Garage - 3 Car, Garage Is Attached, Oversized
  • Total Parking: 4

Utilities

  • Volt 220: In Garage, In Laundry
  • Cooling: Central
  • Heating: Central
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Sprinklers: Front, Rear, Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 2285-018-025
  • Lot Description: Back Yard, Fenced Yard, Value In Land, Street Lighting, Tear Down On Lot
  • Lot Location: Canyon, Cul-De-Sac
  • Lot Size Area: 24787

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2025
Closed on
Jul 16, 2025
Sold by
Oculus Associates Llc
Bought by
Abad Reza
Seller's Agent
Nick Tatone
Rodeo Realty
Buyer's Agent
Tony Adjian
Maxwell Realty Inc
List Price
$3,457,000
Sold Price
$3,200,000
Premium/Discount to List
-$257,000
-7.43%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
558.31%
Original Mortgage
$900,000
Outstanding Balance
$900,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$2,550,542

Purchase Details

Closed on
Oct 30, 2024
Sold by
Bieda Eliot and Bieda Howard
Bought by
Oculus Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,163,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2024
Sold by
Oculus Associates Llc
Bought by
Bieda Eliot and Bieda Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,163,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2010
Sold by
Luban Richard H and Luban Frances A
Bought by
Luban Richard H and Luban Frances A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.52%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 11, 1995
Sold by
Luban Richard H
Bought by
Luban Richard H and Richard H Luban Qualified Pers
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,200,000 Progressive Title Company
Grant Deed -- Monarch Title
Grant Deed -- Monarch Title
Grant Deed -- Monarch Title
Grant Deed -- Monarch Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Gift Deed -- --
Gift Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Previous Owner $2,163,000 New Conventional
Previous Owner $2,150,000 New Conventional
Previous Owner $900,000 Seller Take Back
Previous Owner $150,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Sold $3,200,000 -7.4% $689 / Sq Ft
07/08/2025 07/08/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $3,457,000 -- $744 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $39,000 $3,246,048 $2,548,980 $697,068
2024 $39,000 $3,182,400 $2,499,000 $683,400
2023 $38,242 $3,120,000 $2,450,000 $670,000
2022 $5,172 $379,541 $127,736 $251,805
2021 $5,086 $372,100 $125,232 $246,868
2019 $4,947 $361,065 $121,518 $239,547
2018 $4,798 $353,986 $119,136 $234,850
2016 $4,532 $340,242 $114,510 $225,732
2015 $4,471 $335,132 $112,790 $222,342
2014 $4,499 $328,568 $110,581 $217,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25534725

The MLS

APN: 2285-018-025