NOT LISTED FOR SALE

4624 Balboa Ave Encino, CA 91316

Estimated Value: $4,035,000 - $5,529,000

6 Beds
7 Baths
5,750 Sq Ft
$829/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $975,000 $170 Per Sq Ft

Est. 389% increase in value since last sale

Current estimated payment $27,342/month

Highlights

  • Home Theater
  • New Construction
  • Gourmet Kitchen
  • Gaspar De Portola Middle School Rated A-
  • Heated In Ground Pool
  • Primary Bedroom Suite

About This Home

As of November 2024

Presenting this luxurious Encino Hills estate located South of the Boulevard, behind its own private gates. A scenic tree-lined driveway leads you to this magnificent newly built home that showcases contemporary designer architecture, abundant windows and glass doors, and stunning French oak herringbone floors. Enter into the elegant living room with a custom fireplace and a charming dining room, both boasting spectacular views. The light-filled living area connects to a top-of-the-line chef's kitchen, complete with quartzite stone counters, custom-made cabinets and hardware, top-tier appliances, and a double island. The stunning backyard entertainment area is accessible through large glass sliders. Ascend the beautiful modern staircase to the upper floor where a sitting room and four en-suite bedrooms await, all surrounded by beautiful tree-top views. The primary suite features a large private terrace, a walk-in closet with custom built-ins, a large and luxurious shower, and a freestanding soaking tub, offering the ultimate spa experience. The lower level offers pure entertainment with an open game room, a glass enclosed wine display, private bar, and a breathtaking private home theater with a concession bar. The outdoor amenities include a brand new modern pool and spa, barbecue with built-in seating, and modern landscape design, providing the perfect space for private outdoor entertainment. This exquisitely designed estate is situated near five-star restaurants, shopping, services, hiking trails, and lookouts, providing easy access to everything you need.

Last Agent to Rent the Property

Casey Napolitano

NDA Inc License #01910249 Listed on: 11/15/2024

Co-Listed By

Steven Vernet

NDA Inc License #02148250

Last Renter's Agent

charles jackson

Jackson Properties & Associates License #01974991

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.51 Acre Lot
  • Fenced Yard
  • Gated Home
  • Property is zoned LARA

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Modern Architecture
  • Split Level Home

Interior Spaces

  • 5,750 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • High Ceiling
  • Recessed Lighting
  • Double Door Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Views of Trees
  • Basement

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • 7 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Prewired Security
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Spa

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $40,000
  • Tenant pays for cable TV, electricity, gardener, gas, insurance, pool service, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 2289-016-047

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished
  • Security Deposit: 40000
  • Tenant Pays: Cable TV, Electricity, Gardener, Gas, Insurance, Pool Service, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Single Family Or Apt: Single Family
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Lease Terms: 1+Year
  • Living Area: 5750
  • Lot Acreage: 0.5066
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2022
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Basement, Furnished, High Ceilings (9 Feet+), Recessed Lighting, Wet Bar
  • Fireplace Rooms: Living Room
  • Flooring: Stone, Wood
  • Appliances: Cooktop - Gas, Double Oven
  • Bedrooms: 6
  • Fireplaces: 1
  • Full Bathroom: 7
  • Half Bathroom: 0
  • Bedroom Features: Primary Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Formal Dining Rm
  • Kitchen Features: Stone Counters, Open to Family Room, Pantry, Island, Gourmet Kitchen
  • Laundry: Room
  • Total Bathrooms: 7.00
  • Equipment: Dishwasher, Freezer, Refrigerator, Range/Oven, Washer, Dryer
  • Fireplace: Yes
  • Price Per S Q F T: 3.48

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Custom Built, Double Door Entry
  • Patio: Patio Open
  • Pool Description: In Ground, Heated
  • Pool: Yes
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Smoke Detector, Prewired for alarm system

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 2289-016-047
  • Lot Description: Fenced Yard
  • Lot Size Area: 22069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2025
Sold by
Elyasnik Pedram and Elyasnik Padram
Bought by
Elyasnik Pedram and Fani Dan
Current Estimated Value
$4,764,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$2,000,000
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$2,764,264

Purchase Details

Closed on
Jul 18, 2019
Sold by
Reyes Alexander A and Reyes Jayne H
Bought by
Elyasnik Pedram and Fani Dan

Purchase Details

Listed on
Jun 20, 2018
Closed on
Jul 11, 2018
Sold by
Reyes Alexander A
Bought by
Elyasnik Pedram and Fani Dan
Seller's Agent
Holly Hatch
Coldwell Banker Realty
Buyer's Agent
Holly Hatch
The Agency
List Price
$975,000
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.66%

Purchase Details

Closed on
Nov 16, 2002
Sold by
Friedlander Albert
Bought by
Reyes Alexander A

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
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1998
Sold by
Zikas J Michael
Bought by
Reyes Alexander A and Reyes Jayne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
7.03%

Purchase Details

Closed on
Jun 30, 1995
Sold by
Zikas J Michael
Bought by
Zikas Ii J Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elyasnik Pedram -- Ticor Title Company Of Califor
Elyasnik Pedram -- Fidelity National Title
Elyasnik Pedram $975,000 Fidelity National Title Com
Fani Dan -- Fidelity National Title Comp
Elyasnik Pedram -- Fidelity National Title Comp
Reyes Alexander A -- First American Title Co
Reyes Alexander A $290,000 Chicago Title
Zikas Ii J Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elyasnik Pedram $2,000,000
Previous Owner Reyes Alexander A $300,000
Previous Owner Reyes Alexander A $227,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2024 11/15/24 Rented $20,000 0.0% --
11/15/2024 11/15/24 Price Changed $20,000 0.0% $3 / Sq Ft
11/15/2024 11/15/24 For Rent $19,999 0.0% --
07/19/2018 07/19/18 Sold $975,000 0.0% $630 / Sq Ft View Prior Sale
07/02/2018 07/02/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $975,000 -- $630 / 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 $29,463 $2,452,312 $1,087,629 $1,364,683
2024 $29,463 $2,404,228 $1,066,303 $1,337,925
2023 $28,891 $2,357,088 $1,045,396 $1,311,692
2022 $20,460 $1,745,999 $1,024,899 $721,100
2021 $11,918 $1,004,803 $1,004,803 $0
2019 $5,139 $407,541 $224,850 $182,691
2018 $5,108 $399,551 $220,442 $179,109
2016 $4,865 $384,038 $211,883 $172,155
2015 $4,797 $378,271 $208,701 $169,570
2014 $4,826 $370,862 $204,613 $166,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-464113

The MLS

APN: 2289-016-047