$900,000
SOLD MAR 28, 2018

4632 Libbit Ave Encino, CA 91436

0.58 Acre
$1,559,862 Price per Acre
25,133 Sq Ft Lot

Recently Sold

25% Below List Price

45 Days on Market

Highlights

  • City Lights View
  • 25,133 Sq Ft lot
  • Cul-De-Sac
  • Lanai Road Elementary Rated A
  • No HOA
  • Level Lot

About This Lot

As of March 2018

Builders & Developers!!!! Is this your opportunity to make a lot of money by building on this unique piece of flat vacant land south of the Boulevard in Encino with more than ½ Acre? Or develop and build for yourself. You get the best of everything by living close to city and right next to Multi-Million-Dollar homes, but still jump in your car and get to Westside in no time. With breath taking city light view, mature trees for your backyard, excellent neighborhood, award winning school district, a wide private driveway which is shared with two other homes. All reports like survey, topography and soil reports are included, plus plan for a gated entrance with state of the art electronic gate at the driveway close to Libbit. All utilities at the property and sewer line connection makes this land easy to build your dream home in no time. You could build a 4500+sq two story home on this land. So bring your shovel and start building before it gets away.

Last Agent to Sell the Property

Ramin Ghamsari

Excellence RE Real Estate License #01945463 Listed on: 01/06/2018

Excellence RE Real Estate

Last Buyer's Agent

Kirk Cartozian

Cartozian Associates Real Estate Inc. License #01754478

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,183

Lot Details

  • 0.58 Acre Lot
  • Cul-De-Sac
  • Property is zoned LARE15

Parking

  • Level Lot

Property Views

  • City Lights Views

Listing and Financial Details

  • Assessor Parcel Number 2284016036

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$12,183

Lot Details

0

Listing Details

  • Ad Number: 818-921-7391
  • Current Use Comments: Vacant Land
  • Other Phone Description: Cell
  • Other Phone Number: 818-921-7391
  • Possible Use Comments: You can build a 4,424 square foot, two story house on this lot.
  • View: Yes
  • Zoning: LARE15
  • Property Type: Land
  • Parcel Number: 2284016036
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 35.81

Exterior Features

  • View: City Lights

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lot 20000-39999 Sqft, Level, Up Slope from Street
  • Lot Size Sq Ft: 25133.00

Tax Info

  • Tax Census Tract: 1397.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2018
Closed on
Mar 20, 2018
Sold by
Beverly Hills Workout
Bought by
Mnatsakanyan Albert and Kurtikyan Haykuhi
Seller's Agent
Ramin Ghamsari
Excellence RE Real Estate
Buyer's Agent
Kirk Cartozian
Cartozian Associates Real Estate Inc.
List Price
$1,200,000
Sold Price
$900,000
Premium/Discount to List
-$300,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%

Purchase Details

Closed on
Oct 15, 1993
Sold by
Najjar Michael Antoine
Bought by
Beverly Hills Workout
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 Type Sale Price Title Company
Grant Deed $900,000 Orange Coast Title Co
Grant Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $1,495,000 -6.3% --
02/07/2025 02/07/25 For Sale $1,595,000 0.0% --
01/31/2025 01/31/25 Off Market $1,595,000 -- --
07/23/2024 07/23/24 For Sale $1,595,000 +77.2% --
03/28/2018 03/28/18 Sold $900,000 -25.0% --
02/20/2018 02/20/18 Pending -- -- --
01/06/2018 01/06/18 For Sale $1,200,000 -- --
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 $12,183 $1,024,044 $1,024,044 --
2024 $12,183 $1,003,965 $1,003,965 --
2023 $11,944 $984,280 $984,280 $0
2022 $11,381 $964,981 $964,981 $0
2021 $11,252 $946,060 $946,060 $0
2019 $10,912 $918,000 $918,000 $0
2018 $1,890 $152,355 $152,355 $0
2017 $0 $149,368 $149,368 $0
2016 $1,809 $146,440 $146,440 $0
2015 $1,783 $144,241 $144,241 $0
2014 $1,799 $141,416 $141,416 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18007505

California Regional Multiple Listing Service (CRMLS)

APN: 2284-016-036