NOT LISTED FOR SALE

4705 Sophia Ave Encino, CA 91436

Estimated Value: $2,494,000 - $3,573,000

0.5 Acre
$6,144,461 Price per Acre
21,845 Sq Ft Lot

Last Sold August 16, 2023

Last sale price $3,250,000 $1,405 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $19,767/month

42 Days on Market

Highlights

  • City Lights View
  • 0.5 Acre Lot
  • Cul-De-Sac
  • Lanai Road Elementary Rated A
  • Hilltop Location

About This Lot

As of August 2023

Elevated behind gates at the end of a long private driveway lies this exquisite opportunity to build one or two trophy estates on 2 lots totaling over 42,600SF - just shy of an acre. Located South of the Blvd in prime Encino, 4701 Sophia & 4705 Sophia Ave present endless possibilities for customization, renovation, or new construction, with the current structure offering an open floor plan, expansive living spaces, and well-proportioned bedrooms. Floor to ceiling windows showcase vistas of the San Fernando Valley skyline and mountains, while providing an influx of natural light and tranquility. Current grounds offer a large pool, multiple sitting areas and mature trees showcasing the ultimate privacy and seclusion just moments away from the best shopping and restaurants Ventura Blvd has to offer. This rare chance to build a celebrity-worthy compound presents a number of opportunities for a Buyer to renovate or imagine a uniquely private Encino estate potentially valued at $15M+ in one of the Valley's most desirable enclaves.

Last Agent to Sell the Property

Neyshia Go

Sotheby's International Realty License #01933923 Listed on: 04/24/2023

Sotheby's International Realty

Last Buyer's Agent

Neyshia Go

Sotheby's International Realty License #01933923 Listed on: 04/24/2023

Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30,419

Year Built

  • 1956

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 129x170
  • Cul-De-Sac
  • Hilltop Location
  • Property is zoned LAR1

Utilities

  • Sewer in Street
  • Phone Available
  • Cable TV Available

Additional Features

  • City Lights Views
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 2284-004-041

Property Details

Property Type

Land

Est. Annual Taxes

$30,419

Year Built

1956

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.5015
  • Lot Dimensions: 129x170
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1956

Exterior Features

  • View: City, City Lights
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street
  • Gas: In Street
  • Sewer: In Street
  • Telephone: Yes
  • Water: In Street

Lot Info

  • Assessor Parcel Number: 2284-004-041
  • Lot Location: City, Cul-De-Sac, Hilltop
  • Lot Size Area: 42643
  • Site Decription: City, Hilltop

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Sep 12, 2023
Sold by
Lavian Avi and Lavian Orna
Bought by
Lavian Family Trust and Lavian
Seller's Agent
Neyshia Go
Sotheby's International Realty
Buyer's Agent
Neyshia Go
Sotheby's International Realty
List Price
$3,790,000
Sold Price
$3,250,000
Premium/Discount to List
-$540,000
-14.25%
Total Days on Market
42
Views
52
Current Estimated Value
$3,081,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$168,553
Avg. Annual Appreciation
-2.88%

Purchase Details

Closed on
Jan 27, 2022
Sold by
Babak Arab
Bought by
Khajehmolaei Leila

Purchase Details

Closed on
Jul 29, 2004
Sold by
Arab Babak
Bought by
Arab Babak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.24%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 21, 2004
Sold by
Arab Babak
Bought by
Arab Babak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2003
Sold by
Khajehmolael Leila
Bought by
Arab Babak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 18, 2002
Sold by
Arab Babak
Bought by
Khajehmolaei Leila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2000
Sold by
Cotner Paul Rex
Bought by
Arab Babak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
7.86%

Purchase Details

Closed on
Aug 29, 2000
Sold by
Russell June Cotner
Bought by
Cotner Paul Rex
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 Buyer Sale Price Title Company
Lavian Family Trust -- None Listed On Document
Khajehmolaei Leila -- Lawyers Title
Arab Babak -- --
Arab Babak -- --
Arab Babak -- Gateway Title Company
Arab Babak -- Investors Title Company
Khajehmolaei Leila -- Gateway Title Company
Arab Babak $312,000 Progressive Title Company
Cotner Paul Rex -- --
Cotner Paul Rex -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arab Babak $150,000
Previous Owner Arab Babak $592,000
Previous Owner Arab Babak $100,000
Previous Owner Khajehmolaei Leila $490,000
Previous Owner Arab Babak $106,000
Previous Owner Arab Babak $280,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold $3,250,000 0.0% $1,405 / Sq Ft
08/16/2023 08/16/23 Sold $3,250,000 -14.2% $1,405 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/05/2023 06/05/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $3,790,000 0.0% $1,639 / Sq Ft
03/31/2023 03/31/23 For Sale $3,790,000 -- $1,639 / 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 $30,419 $2,500,000 $1,200,000 $1,300,000
2023 $7,142 $566,877 $289,658 $277,219
2022 $6,816 $555,763 $283,979 $271,784
2021 $6,724 $544,866 $278,411 $266,455
2019 $6,525 $528,706 $270,154 $258,552
2018 $6,415 $518,340 $264,857 $253,483
2016 $6,116 $498,214 $254,573 $243,641
2015 $6,027 $490,732 $250,750 $239,982
2014 $6,058 $481,121 $245,839 $235,282
Source: Public Records

Agents Affiliated with this Home

  • Neyshia Go

    Seller's Agent in 2023

    Neyshia Go

    Sotheby's International Realty

    (310) 882-8357

    4 in this area

    97 Total Sales

    Neyshia Go
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Map

Source: The MLS

MLS Number: 23-263403

The MLS

APN: 2284-004-041

California Los Angeles County Encino 91436

4705 Sophia Ave, Encino, CA

This home is located at 4705 Sophia Ave, Encino, CA 91436 since 24 April 2023 and is currently estimated at $3,081,447, approximately $1,332 per square foot. This property was built in 1956. 4705 Sophia Ave is a home located in Los Angeles County with nearby schools including Lanai Road Elementary, Gaspar De Portola Middle School, and Encino Charter Elementary.

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