NOT LISTED FOR SALE

4338 Empress Ave Encino, CA 91436

Estimated Value: $3,647,203 - $4,432,000

6 Beds
5.5 Baths
4,600 Sq Ft
$861/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $2,830,000 $615 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $24,675/month

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Updated Kitchen
  • Lanai Road Elementary Rated A
  • City Lights View
  • Open Floorplan

About This Home

As of May 2023

This beautiful, gated, Mediterranean custom built estate is situated on one of the best streets of Encino South and features five bedrooms, five and a half bathrooms and a complete guest house. Located in the highly desirable Lanai school district, the property opens to designer 24" tile flooring throughout the first floor, large gourmet kitchen with over-sized center island, breakfast bar, granite counter-tops, custom cabinetry and Thermador stainless appliances that include built-in espresso center & six-burner professional range. All part of a flexible open floor plan with large family room, multiple fireplaces, and lovely French doors leading out to the gorgeous grounds. Upstairs has real hardwood flooring throughout including an exceptional Master Suite with large balcony, beautiful views, spa quality bath and two-person steam shower.

Entertainer's back yard with saltwater pebble pool/spa, outdoor built-in kitchen with Lynx BBQ, refrigerator, side-burner and sink. Plus seating area with fireplace, grass area for kids to play, mature fruit trees, video surveillance, surround sound, and much more. Grounds are paved with Contra stones and walls are decorated with natural stones, (not precast). Approximately 4,600 square feet of living space on over 17,000 square feet of land, mostly flat. A true custom built high end property!

Last Agent to Rent the Property

Tyson Dexter

Carnahan-Dexter Property Management Inc. License #01743870 Listed on: 05/11/2023

Last Renter's Agent

Tyson Dexter

Carnahan-Dexter Property Management Inc. License #01743870 Listed on: 05/11/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,055

Year Built

  • Built in 2013 | Remodeled

Lot Details

  • 0.4 Acre Lot
  • Front and Back Yard Sprinklers
  • Density is up to 1 Unit/Acre
  • Property is zoned LARA

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • City Lights
  • Mountain
  • Hills

Interior Spaces

  • 4,600 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Self-Closing Drawers
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Maid or Guest Quarters
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Stone Porch or Patio
  • Outdoor Fireplace
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Security Deposit $33,000
  • Rent includes gardener, pool
  • 12-Month Minimum Lease Term
  • Available 8/29/22
  • Tax Lot 12
  • Tax Tract Number 18529
  • Assessor Parcel Number 2291001006

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,055

Year Built

Built in 2013 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2022-08-29
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 33000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: LARA
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 2291001006
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4600.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), High Ceilings, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.59
  • Room Type: Family Room, Guest/Maid's Quarters, Jack & Jill, Kitchen, Living Room, Master Suite, Walk-In Closet
  • Spa Features: Private, Heated, In Ground
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Remodeled, Separate Tub And Shower, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills, Mountain(s)
  • Patio And Porch Features: Stone
  • Pool Features: Private, In Ground, Salt Water
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Freezer, Disposal, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 17507.00
  • Lot Size Acres: 0.4019

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 17507.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Pool

Tax Info

  • Tax Census Tract: 1397.01
  • Tax Lot: 12
  • Tax Tract Number: 18529

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2019
Closed on
Sep 26, 2019
Sold by
Matin Ben and Martin Azar
Bought by
Shah Bijal R and Shah Mona R
Seller's Agent
Shokoh Nasad
Keller Williams Beverly Hills
Buyer's Agent
Myles Lewis
Christie's International Real Estate SoCal
List Price
$2,890,000
Sold Price
$2,830,000
Premium/Discount to List
-$60,000
-2.08%
Current Estimated Value
$3,961,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,131,801
Avg. Annual Appreciation
6.41%
Original Mortgage
$2,264,000
Outstanding Balance
$1,939,901
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$2,137,142

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jun 4, 2018
Sold by
Bayat Steve
Bought by
Matin Ben and Matin Azar
Seller's Agent
Fran H. Chavez
Christie's International Real Estate SoCal
Buyer's Agent
Shokoh Nasad
Keller Williams Beverly Hills
List Price
$2,895,000
Sold Price
$2,750,000
Premium/Discount to List
-$145,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.30%

Purchase Details

Closed on
Nov 4, 2015
Sold by
Bayat Yasmine
Bought by
Bayat Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2015
Sold by
Bayat Steve
Bought by
Bayat Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2005
Sold by
Gueron Emerly Emi and Gueron John Baruch
Bought by
Bayat Mohssen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$813,600
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1993
Sold by
Friedman Wallace
Bought by
Gueron Emerly Emi and Gueron John Baruch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,600
Interest Rate
7.2%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shah Bijal R $2,830,000 California Title Company
Matin Ben $2,750,000 Chicago Title Company
Bayat Steve -- Provident Title Company
Bayat Steve -- Provident Title Company
Bayat Mohssen $1,017,000 Equity Title Company
Gueron Emerly Emi $492,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Bijal R $2,264,000
Previous Owner Bayat Steve $154,500
Previous Owner Bayat Steve $995,000
Previous Owner Bayat Steve $297,000
Previous Owner Bayat Mohssen $250,000
Previous Owner Bayat Mohssen $813,600
Previous Owner Gueron Emerly Emi $355,000
Previous Owner Gueron Emerly Emi $375,000
Previous Owner Gueron Emerly Emi $371,400
Previous Owner Gueron Emerly Emi $393,600
Closed Bayat Mohssen $101,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Rented $16,500 0.0% --
05/17/2023 05/17/23 Price Changed $16,500 +6.5% $4 / Sq Ft
05/16/2023 05/16/23 For Rent $15,500 0.0% --
05/13/2023 05/13/23 Off Market $15,500 -- --
05/11/2023 05/11/23 For Rent $15,500 +3.3% --
10/21/2022 10/21/22 Rented $15,000 -3.2% --
10/10/2022 10/10/22 Price Changed $15,500 -6.1% $3 / Sq Ft
08/29/2022 08/29/22 For Rent $16,500 +13.8% --
07/22/2020 07/22/20 Rented $14,500 -12.1% --
05/19/2020 05/19/20 For Rent $16,500 0.0% --
10/11/2019 10/11/19 Sold $2,830,000 -2.1% $615 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $2,890,000 +2.1% $628 / Sq Ft
07/09/2019 07/09/19 Off Market $2,830,000 -- --
07/07/2019 07/07/19 For Sale $2,890,000 +5.1% $628 / Sq Ft
07/09/2018 07/09/18 Sold $2,750,000 -5.0% $598 / Sq Ft
04/18/2018 04/18/18 For Sale $2,895,000 -- $629 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $37,055 $3,095,014 $1,591,253 $1,503,761
2024 $37,055 $3,034,328 $1,560,052 $1,474,276
2023 $36,332 $2,974,832 $1,529,463 $1,445,369
2022 $34,654 $2,916,503 $1,499,474 $1,417,029
2021 $34,232 $2,859,318 $1,470,073 $1,389,245
2019 $32,916 $2,750,000 $1,558,900 $1,191,100
2018 $15,255 $1,245,881 $996,710 $249,171
2016 $14,576 $1,197,504 $958,007 $239,497
2015 $14,364 $1,179,517 $943,617 $235,900
2014 $13,836 $1,109,000 $887,000 $222,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23078145

California Regional Multiple Listing Service (CRMLS)

APN: 2291-001-006