$3,000,000
SOLD JUN 28, 2022

4571 Gable Dr Encino, CA 91316

3 Beds
3 Baths
1,990 Sq Ft
0.97 Acres

Recently Sold

$1,508 Per Sq Ft

51% Above List Price

10 Days on Market

Highlights

  • Private Pool
  • Panoramic View
  • 0.97 Acre Lot
  • Gaspar De Portola Middle School Rated A-
  • Custom Home
  • Open Floorplan

About This Home

As of June 2022

DIAMOND IN THE ROUGH !!!! Originally built & owned by Oscar nominated Hollywood art director Richard Riedel, this So. of the Blvd Encino home is situated on an ABUNDANT, usable 42,088. sq ft lot and boasts explosive 180 degree panoramic valley views. The open plan living room/dining room features a fireplace, wood floors and floor to ceiling windows overlooking the breathtaking "sit down" views. Kitchen features double ovens, separate gas cooktop with granite counters. This gated, private single story home is constructed with concrete block and has 3 bedrooms, 2 bths & a den. In addition, there is a separate bedroom/bathroom (office/guest quarters) adjacent to the large converted garage /family room. These extra rooms(~900 sf) are not included in the house sq.ftg. A carport, fenced pool & spa, multiple sheds and an additional fenced side yard complete this Encino Estate. Endless potential & possibilities!! This is a rare opportunity to create your dream home on an acre with a view!!!

Last Agent to Sell the Property

Marla Kleinman

Berkshire Hathaway HomeServices California Properties License #01257707 Listed on: 05/13/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Kamil Mrouah

Douglas Elliman License #02060616

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,957

Year Built

  • Built in 1951

Lot Details

  • 0.97 Acre Lot
  • Chain Link Fence
  • Rectangular Lot
  • Private Yard
  • Property is zoned LARA

Property Views

  • Panoramic
  • City Lights
  • Valley

Home Design

  • Custom Home
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper
  • Slab Foundation
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 1,990 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Laundry Room

Kitchen

  • Double Oven
  • Electric Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathtub
  • Walk-in Shower

Parking

  • Carport
  • Parking Available
  • Driveway

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Stone Porch or Patio
  • Shed

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by Richard Riedel

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 14698
  • Assessor Parcel Number 2184017011
  • $476 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,957

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LARA
  • Architectural Style: Custom Built
  • Property Condition: Fixer, Repairs Cosmetic, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2184017011
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1990.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1507.54
  • Room Type: Den, Kitchen, Living Room
  • Spa Features: Private
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: City Lights, Panoramic, Valley
  • Fence: Yes
  • Fencing: Chain Link
  • Builder Name: Richard Riedel
  • Patio And Porch Features: Patio, Stone
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Tar/Gravel
  • Spa: Yes
  • Construction Materials: Block, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Driveway

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Cooktop, Refrigerator
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Rectangular Lot, Yard
  • Lot Size Sq Ft: 42088.00
  • Lot Size Acres: 0.9662

Multi Family

  • Lease Considered: No
  • Lot Size Area: 42088.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1397.03
  • Tax Lot: 7
  • Tax Tract Number: 14698
  • TaxOtherAnnualAssessmentAmount: 476.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2022
Sold by
Bmre Partners Llc
Bought by
Bmre Partners Llc

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 8, 2022
Sold by
Friedman Arthur B and Friedman Madgel
Bought by
Bmre Partners Llc
Seller's Agent
Marla Kleinman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Kamil Mrouah
Douglas Elliman
List Price
$1,989,000
Sold Price
$3,000,000
Premium/Discount to List
$1,011,000
50.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.07%
Original Mortgage
$1,700,000
Interest Rate
5.3%
Mortgage Type
New Conventional
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 -- --
Grant Deed $3,000,000 California Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Open $1,950,000 New Conventional
Previous Owner $1,700,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 For Sale $1,999,000 -33.4% --
06/28/2022 06/28/22 Sold $3,000,000 +50.8% $1,508 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $1,989,000 -- $999 / 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
2024 $22,957 $1,887,285 $1,335,873 $551,412
2023 $22,380 $1,850,280 $1,309,680 $540,600
2022 $3,936 $302,582 $133,437 $169,145
2021 $3,880 $296,650 $130,821 $165,829
2019 $3,770 $287,853 $126,942 $160,911
2018 $3,638 $282,209 $124,453 $157,756
2016 $3,447 $271,252 $119,621 $151,631
2015 $3,399 $267,179 $117,825 $149,354
2014 $3,434 $261,946 $115,517 $146,429
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22080678

California Regional Multiple Listing Service (CRMLS)

APN: 2184-017-015