$3,420,000
SOLD NOV 14, 2024

4437 Balboa Ave Encino, CA 91316

6 Beds
6.5 Baths
6,632 Sq Ft
0.67 Acres

Recently Sold

$516 Per Sq Ft

14% Below List Price

76 Days on Market

Highlights

  • In Ground Pool
  • Gated Parking
  • Mountain View
  • Gaspar De Portola Middle School Rated A-
  • 0.67 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of November 2024

ENCINO'S BEST VALUE at $569 per sq ft! Located in prime Encino's exclusive Rancho Estates. Welcome to Balboa Manor. This unique cul-de-sac block is home to many entertainment & sports elite residents & the site of several 8+ million dollar estates. This Mark Sutter AIA designed approx 7,000 sq ft light, bright, and airy estate is one of the best dollar per square foot values in today's vibrant and bustling Encino marketplace. Set atop an over 100ft gated drive, this exquisite residence exudes a true sense of quiet luxury and serenity . This is like living in your own European Villa with the ultimate in privacy & treetop view surroundings. The gated 12-car parking plaza leads to a grand entrance opening to the 2-story foyer. Baronial room sizes offer the ultimate opportunity to enjoy large scale entertaining & family spaces. A grand living room anchored by a central fireplace, formal dining room w/china closet & adjacent wine room. The center of the home is a true chef's kitchen w/ stainless appliances including 4 ovens, separate refrigerator/freezer, range, center island, & rotunda breakfast room. The family/media room offers a wet-bar area & french doors to the outdoor living/dining patio, lagoon pool/spa and lush private gardens. The main level offers the ideal home office (potential 6 th bedroom) w/ bath that services the pool area as well. An impressive regal staircase leads to an upstairs central hall gallery with 4 junior suite sized bedrooms. The approx 1,500 sq ft primary suite is a revelation unto itself with a large sitting room, dual baths, 2 walk-in closets & a romantic trestle wood beamed ceiling centered on an additional fireside lounging area. A lower Guest unit/staff area with an adjacent walk-in storage room is off of the 3 car garage w/ a separate entrance ideal for visiting family or live in help. The nearly 3/4 acre exterior grounds are shaded & protected by magnificent mature trees & plantings with used brick accent patios & multiple entertaining areas. The old world details & modern conveniences combine to give this home a true feeling of being in a world of its own with no neighbor influence or disruption, Come experience the magic of Balboa Manor.

Last Agent to Sell the Property

Andrew Manning

Berkshire Hathaway HomeServices California Properties License #00941825 Listed on: 07/17/2024

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Timothy Gavin

Coldwell Banker Realty License #01997312

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,755

Year Built

  • Built in 1980

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 243x115
  • Property is zoned LARA

Home Design

  • Tudor Architecture

Interior Spaces

  • 6,632 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Mountain Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Parking

  • 3 Car Attached Garage
  • Driveway
  • Gated Parking

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2289-014-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,755

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Tudor
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Exclusions: Ask Listing Agent about Exclusions Prior to Submission of Any Offer. Any and all staging, affixed or not, is hereby excluded from this sale.
  • Living Area: 6632
  • Lot Acreage: 0.6669
  • Lot Dimensions: 243x115
  • Stories: 2
  • Year Built: 1980
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Family Room, Master Bedroom
  • Flooring: Wood, Carpet, Mixed
  • Bedrooms: 6
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Formal Dining Rm, Breakfast Area
  • Kitchen Features: Island
  • Laundry: Inside, Room
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 565.44

Exterior Features

  • Other Structures: None
  • Patio: Patio Open, Covered
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: In Ground, Private
  • Spa Yn: Yes
  • View: Tree Top, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Garage, Driveway, Attached, Private, Gated
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessor Parcel Number: 2289-014-022
  • Lot Size Area: 29052

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Oct 1, 2024
Sold by
Ben-David Living Trust and Ben-David Jeanne
Bought by
Pinecrest Lane Mall View Corp
Seller's Agent
Andrew Manning
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Timothy Gavin
Coldwell Banker Realty
List Price
$3,995,000
Sold Price
$3,420,000
Premium/Discount to List
-$575,000
-14.39%
Total Days on Market
76
Views
127
Current Estimated Value
$4,408,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$988,166
Avg. Annual Appreciation
58.64%
Original Mortgage
$3,078,000
Outstanding Balance
$1,562,485
Interest Rate
6.12%
Mortgage Type
Construction
Estimated Equity
$2,845,681

Purchase Details

Closed on
Apr 14, 2023
Sold by
Ben-David Living Trust
Bought by
Ben-David Jeanne

Purchase Details

Closed on
Nov 1, 1993
Sold by
Ben David Meir and Ben David Jeanne D
Bought by
Ben David Meir and Ben David Jeanne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.97%
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 $3,420,000 Fidelity National Title
Grant Deed $3,420,000 Fidelity National Title
Quit Claim Deed -- None Listed On Document
Individual Deed -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,078,000 Construction
Closed $3,078,000 Construction
Previous Owner $750,000 Credit Line Revolving
Previous Owner $901,200 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,500,000 Unknown
Previous Owner $178,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2024 11/14/24 Sold $3,420,000 -8.8% $516 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/03/2024 09/03/24 Price Changed $3,750,000 -6.1% $565 / Sq Ft
07/17/2024 07/17/24 For Sale $3,995,000 -- $602 / 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
2024 $20,755 $1,673,199 $835,623 $837,576
2023 $20,356 $1,640,392 $819,239 $821,153
2022 $19,435 $1,608,228 $803,176 $805,052
2021 $19,170 $1,576,695 $787,428 $789,267
2019 $18,598 $1,529,931 $764,073 $765,858
2018 $18,487 $1,499,934 $749,092 $750,842
2016 $17,612 $1,441,691 $720,004 $721,687
2015 $17,356 $1,420,036 $709,189 $710,847
2014 $17,417 $1,392,220 $695,297 $696,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-410991

The MLS

APN: 2289-014-022