NOT LISTED FOR SALE

4704 Balboa Ave Encino, CA 91316

Estimated Value: $4,784,000 - $5,342,000

5 Beds
5 Baths
6,700 Sq Ft
$751/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $3,450,000 $515 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $30,128/month

2 Days on Market

Highlights

  • Guest House
  • Tennis Courts
  • 1.13 Acre Lot
  • Gaspar De Portola Middle School Rated A-
  • In Ground Pool
  • Cape Cod Architecture

About This Home

As of January 2021

This sprawling Hamptons-style estate boasts a rich past: It once housed the Jacksons, earning it the name The Jackson 5 Compound; before the family's move to famous Hayvenhurst nearby. Ultra-private, double-gated and set on a massive 49,276-sq-ft lot ringed by mature trees and beautiful landscaping, the luxurious 6,700-sq-ft living quarters include a 4 bedroom, 4 bath main house, a tri-level guest house with two guest bedrooms, an office/studio, a tennis court and an expansive pool. Renovated with the highest caliber of craftsmanship and contemporary style, this is a sanctuary equally perfect for at-home relaxation or indoor/outdoor entertaining. Among the highlights: A chefs-style eat-in kitchen, an oversized living room, an elegant wet bar, and a beautiful iron rod staircase that leads to an enviably large master suite complete with a Jacuzzi, steam shower and spacious his & her's closets. The gated 300-ft driveway has parking for 11 guests; security; privacy here is exceptional.

Last Agent to Sell the Property

Carl Gambino

Compass License #01971890 Listed on: 12/12/2020

Compass

Last Buyer's Agent

Carl Gambino

Compass License #01971890 Listed on: 12/12/2020

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,847

Year Built

  • Built in 1980

Lot Details

  • 1.13 Acre Lot
  • Property is zoned LARA

Parking

  • 3 Car Garage
  • Auto Driveway Gate
  • Driveway
  • Guest Parking

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 6,700 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Utility Room
  • Views of Hills
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Heated Spa

Outdoor Features

  • Tennis Courts
  • Outdoor Grill

Additional Features

  • Guest House
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2289-018-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,847

Year Built

Built in 1980

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Living Area: 6700
  • Lot Acreage: 1.1335
  • Stories: 2
  • Year Built: 1980
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Mixed
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Steam Shower, Tub With Jets
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Washer, Barbeque, Range/Oven
  • Price Per S Q F T: 522.24

Exterior Features

  • Other Structures: GuestHouse
  • Tennis Court: Private
  • Tennis Court Y/N: Yes
  • Pool Description: Private
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Driveway, Private, Garage - 3 Car, Driveway Gate, Oversized, Parking for Guests
  • Total Parking: 11

Utilities

  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2289-018-019
  • Lot Size Area: 49376

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2020
Closed on
Jan 14, 2021
Sold by
Demian And Brooke Lichtenstein Family Tr and Lichtenstein Demian
Bought by
Dambra Frank Nicholas and Baklayan Jim Garo
Seller's Agent
Carl Gambino
Compass
Buyer's Agent
Carl Gambino
Compass
List Price
$3,499,000
Sold Price
$3,450,000
Premium/Discount to List
-$49,000
-1.4%
Current Estimated Value
$5,032,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,582,068
Avg. Annual Appreciation
8.22%
Original Mortgage
$1,750,000
Outstanding Balance
$1,571,639
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$3,460,429

Purchase Details

Listed on
Nov 9, 2016
Closed on
May 31, 2017
Sold by
Lichtenstein Demian
Bought by
Lichtenstein Demian and Lichtenstein Brooke
Seller's Agent
Litta Lee
Coldwell Banker Realty
Buyer's Agent
Jose Palencia
Sold Price
$1,995,000

Purchase Details

Listed on
Aug 24, 2016
Closed on
Nov 29, 2016
Sold by
Hattenbach Gina
Bought by
Lichtenstein Demian and Lichtenstein Brooke Christopher
Seller's Agent
Litta Lee
Coldwell Banker Realty
Buyer's Agent
Jose Palencia
List Price
$2,400,000
Sold Price
$1,995,000
Premium/Discount to List
-$405,000
-16.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%

Purchase Details

Closed on
Sep 13, 2010
Sold by
Katal Siamak and Katal Ingrid
Bought by
Hattenbach Gina

Purchase Details

Closed on
Aug 19, 2010
Sold by
Hattenbach Benjamin
Bought by
Hattenbach Gina

Purchase Details

Closed on
Feb 23, 2001
Sold by
Pacific Capital Partners
Bought by
Katal Siamak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
6.98%

Purchase Details

Closed on
Jul 23, 1996
Sold by
Topa Thrift & Loan Assn
Bought by
Pacific Capital Partners Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
8%

Purchase Details

Closed on
Jun 4, 1996
Sold by
Katz Michael
Bought by
Topa Thrift & Loan Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
8%
Source: Public Records

Range of Values:

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Average Value
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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
Dambra Frank Nicholas $3,450,000 New Title Company Name
Lichtenstein Demian -- None Available
Lichtenstein Demian $1,995,000 Chicago Title Company
Hattenbach Gina $1,517,000 North American Title
Hattenbach Gina -- North American Title
Katal Siamak $1,050,000 Southland Title
Pacific Capital Partners Lp $650,000 First American Title Co
Topa Thrift & Loan Assn $994,144 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dambra Frank Nicholas $1,750,000
Previous Owner Katal Siamak $735,000
Previous Owner Pacific Capital Partners Lp $585,000
Closed Lichtenstein Demian $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2021 01/14/21 Sold $3,450,000 -1.4% $515 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/12/2020 12/12/20 For Sale $3,499,000 0.0% $522 / Sq Ft
04/28/2017 04/28/17 Rented $1,995,000 0.0% --
12/21/2016 12/21/16 Sold $1,995,000 0.0% $459 / Sq Ft View Prior Sale
12/21/2016 12/21/16 Off Market $7,900 -- --
12/09/2016 12/09/16 Pending -- -- --
11/09/2016 11/09/16 For Rent $7,900 0.0% --
10/04/2016 10/04/16 Price Changed $1,995,000 -16.9% $459 / Sq Ft
08/24/2016 08/24/16 For Sale $2,400,000 -- $552 / 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 $44,847 $3,734,387 $2,902,864 $831,523
2024 $44,847 $3,661,165 $2,845,946 $815,219
2023 $43,975 $3,589,379 $2,790,144 $799,235
2022 $41,930 $3,519,000 $2,735,436 $783,564
2021 $26,020 $2,139,042 $1,072,202 $1,066,840
2020 $26,284 $2,117,109 $1,061,208 $1,055,901
2019 $25,250 $2,075,598 $1,040,400 $1,035,198
2018 $24,831 $2,034,900 $1,020,000 $1,014,900
2016 $19,992 $1,641,787 $1,222,954 $418,833
2015 $19,700 $1,617,127 $1,204,585 $412,542
2014 $19,778 $1,585,450 $1,180,989 $404,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-669722

The MLS

APN: 2289-018-019