NOT LISTED FOR SALE

17325 Magnolia Blvd Encino, CA 91316

Estimated Value: $2,218,964 - $2,592,000

2 Beds
2 Baths
1,610 Sq Ft
$1,477/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $2,200,000 $1,366 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $15,178/month

78 Days on Market

Highlights

  • Tennis Courts
  • A-Frame Home
  • Breakfast Area or Nook
  • Gaspar De Portola Middle School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of August 2023

Location! Location! Location.! Unique and huge flat lot, Surrounded by Multi-Million-Dollar Estate Homes. Incredible opportunity to build a lavish and stunning house. Experience a perfect homey and quiet Neiborhood. As of now, there is a 2-story house on an apx 15,000 all flat lot, which includes the tennis court in the back. Great opportunity to build your dream house in the most desirable area of Encino. The property is having septic tank and is not connected to the public swayer system.

Last Agent to Sell the Property

Mojgan Yamini

Landmark One Realty License #01357662 Listed on: 05/22/2023

Last Buyer's Agent

Yair Harpaz

Harpaz Realty License #01156491

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,690

Year Built

  • Built in 1972

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 80x187
  • Property is zoned LARA

Home Design

  • A-Frame Home
  • Clay Roof

Interior Spaces

  • 1,610 Sq Ft Home
  • 2-Story Property
  • Family Room on Second Floor
  • Dining Area
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Parking Spaces
  • Covered Parking

Additional Features

  • Tennis Courts
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2257-013-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,690

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: A-Frame
  • Levels: One
  • Street Number Display: Yes
  • Entry Floor: 2
  • Living Area: 1610
  • Lot Acreage: 0.3440
  • Lot Dimensions: 80x187
  • Stories: 2
  • Year Built: 1972
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Appliances: Oven
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Dining Area
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Electric Dryer Hookup
  • Price Per S Q F T: 1552.17

Exterior Features

  • Other Structures: None
  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Pool: No
  • Roof: Clay
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2257-013-010
  • Lot Size Area: 14983
  • Price Per Acre: 2699000.00

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Aug 3, 2023
Sold by
Kanani Babak Michael
Bought by
17325 Magnolia Llc
Seller's Agent
Mojgan Yamini
Landmark One Realty
Buyer's Agent
Yair Harpaz
Harpaz Realty
List Price
$2,699,000
Sold Price
$2,200,000
Premium/Discount to List
-$499,000
-18.49%
Views
68
Current Estimated Value
$2,377,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,491
Avg. Annual Appreciation
3.96%
Original Mortgage
$1,870,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2021
Sold by
Kanani Michael
Bought by
Kanani Babak Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Interest Rate
2.7%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Dec 5, 2014
Sold by
Campbell Judith
Bought by
Kanani Michael

Purchase Details

Closed on
Nov 10, 2003
Sold by
Anderson Arthur E and The Shirley B Anderson Living
Bought by
Anderson Arthur E and The Arthur E Anderson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1998
Sold by
Anderson Trust Anderson Shirley B Tr Shirley and Anderson A Tr A Anderson Trus
Bought by
Anderson Arthur E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
17325 Magnolia Llc $2,200,000 Equity Title Company
Kanani Babak Michael -- Stewart Title Of Ca Inc
Kanani Michael $3,850,000 Lawyers Title
Anderson Arthur E -- Chicago Title Co
Anderson Arthur E -- South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 17325 Magnolia Llc $3,465,000
Closed 17325 Magnolia Llc $1,870,000
Previous Owner Kanani Babak Michael $930,000
Previous Owner Anderson Arthur E $322,700
Previous Owner Anderson Arthur E $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2023 08/22/23 Sold $2,200,000 -12.0% $1,366 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
06/05/2023 06/05/23 Price Changed $2,499,000 -7.4% $1,552 / Sq Ft
06/01/2023 06/01/23 For Sale $2,699,000 +22.7% $1,676 / Sq Ft
05/25/2023 05/25/23 Off Market $2,200,000 -- --
05/22/2023 05/22/23 For Sale $2,699,000 -- $1,676 / 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 $26,690 $2,244,000 $1,795,200 $448,800
2024 $26,690 $2,200,000 $1,760,000 $440,000
2023 $6,809 $542,927 $311,893 $231,034
2022 $6,495 $532,282 $305,778 $226,504
2021 $6,412 $521,846 $299,783 $222,063
2020 $6,474 $516,497 $296,710 $219,787
2019 $6,222 $506,371 $290,893 $215,478
2018 $6,187 $496,443 $285,190 $211,253
2016 $5,909 $477,167 $274,117 $203,050
2015 $5,328 $428,391 $275,394 $152,997
2014 $2,231 $163,562 $65,178 $98,384
Source: Public Records

Agents Affiliated with this Home

  • Mojgan Yamini

    Seller's Agent in 2023

    Mojgan Yamini

    Landmark One Realty

    (310) 877-1237

    1 in this area

    7 Total Sales

    Section Image
  • Yair Harpaz

    Buyer's Agent in 2023

    Yair Harpaz

    Harpaz Realty

    (818) 223-0323

    3 in this area

    16 Total Sales

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Map

Source: The MLS

MLS Number: 23-273131

The MLS

APN: 2257-013-010

California Los Angeles County Encino 91316

17325 Magnolia Blvd, Encino, CA

This home is located at 17325 Magnolia Blvd, Encino, CA 91316 since 22 May 2023 and is currently estimated at $2,377,491, approximately $1,476 per square foot. This property was built in 1972. 17325 Magnolia Blvd is a home located in Los Angeles County with nearby schools including Gaspar De Portola Middle School, Encino Charter Elementary, and Birmingham Community Charter High.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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