NOT LISTED FOR SALE

4707 Libbit Ave Encino, CA 91436

Estimated Value: $2,807,000 - $3,395,000

5 Beds
4 Baths
4,400 Sq Ft
$710/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $2,800,000 $636 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $19,328/month

Highlights

  • Detached Guest House
  • In Ground Pool
  • Family Room with Fireplace
  • Lanai Road Elementary Rated A-
  • Contemporary Architecture
  • Furnished

About This Home

As of October 2022

Welcome to 4707 Libbit, an emotional Spanish transitional gated compound, consisting of a pool house with loft and motor court for 6 cars! Upon entering the main home you are greeted by a foyer with 12 foot high ceilings and a spacious formal living room with fireplace and oversized windows overlooking verdant landscaping. The home features a primary suite, 2 guest bedrooms, as well as an office/retreat off of the primary that can easily be converted to a true 4th bedroom. At the heart of the home sits a tasteful and light-filled chef s kitchen with fireplace, built-in banquette, and an abundant use of Carrera marble. Off the kitchen you ll find a formal dining room and separate sunken den with 11 foot high coffered ceilings that leads you through vanishing Fleetwood doors out to a covered patio. Host only the finest of dinner parties by a romantic fireplace and in a space equipped with an outdoor BBQ bar. The backyard is a true entertainer s paradise with mature landscaping and an immense swimming pool accentuated by multiple sheer waterfalls, fire-pits, a tanning shelf, and overflowing spa. At the back of the property sits the 2 story pool home with loft bedroom. With prime Westside access, close proximity to the Blvd and all the best that Encino has to offer you re moments away from the highly anticipated Amazon Fresh as well as countless notable restaurants. Re-imagined in 2013 and rebuilt from the studs ~ this home is a true gem.

Last Agent to Rent the Property

Rena Dahan

Real Estate eBroker Inc. License #01993350 Listed on: 06/27/2022

Real Estate eBroker Inc.

Last Renter's Agent

Sergio Schalcher

Nourmand & Associates-BW License #02107244

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 63x180
  • Property is zoned LARE9

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,400 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Family Room with Fireplace
  • Den with Fireplace
  • Alarm System

Kitchen

  • Breakfast Room
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • Driveway

Additional Features

  • In Ground Pool
  • Detached Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $25,000
  • Tenant pays for gas, air cond/heat maint, electricity, cable TV
  • Month-to-Month Lease Term
  • Assessor Parcel Number 2284-001-021

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Rental Info

  • Credit Report Required: Yes
  • Furnished: Furnished
  • Lease Option: 1
  • Security Deposit: 25000
  • Tenant Pays: Gas, Air Cond/Heat Maint, Electricity, Cable TV

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary Mediterranean
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Advertising Remarks: FURNISHED home for lease. Please call Rena to schedule a viewing. 562-755-9330
  • Lease Terms: Month To Month
  • Living Area: 4400
  • Lot Acreage: 0.2652
  • Lot Dimensions: 63x180
  • Monthto Month: Yes
  • Stories: 1
  • Year Built: 1952
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Den, Family Room
  • Flooring: Mixed
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave
  • Price Per S Q F T: 4.55

Exterior Features

  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • View: No

Garage/Parking

  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Driveway
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 2284-001-021
  • Lot Size Area: 11550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2021
Closed on
Feb 8, 2022
Sold by
Albert And Lia Sharaf Family Trust
Bought by
4707 Libbit Ave Llc
Seller's Agent
Jonathan Sharaf
Christie's RE SoCal
List Price
$2,495,000
Sold Price
$2,800,000
Premium/Discount to List
$305,000
12.22%
Current Estimated Value
$3,125,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,664
Avg. Annual Appreciation
2.88%

Purchase Details

Closed on
Sep 16, 2016
Sold by
Sharaf Albert
Bought by
Sharaf Albert and Sharaf Lia

Purchase Details

Listed on
Mar 19, 2012
Closed on
Jun 1, 2012
Sold by
Feldberg Elyse and Fedeberg Family Trust
Bought by
Sharaf Albert and Sharaf Lia
Seller's Agent
David Feldberg
Coastal Real Estate Group
Buyer's Agent
Albert Sharaf
Al Sharaf Real Estate
List Price
$849,000
Sold Price
$730,000
Premium/Discount to List
-$119,000
-14.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$511,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2010
Sold by
Feldberg Elyse and Feldberg Raymond
Bought by
Feldberg Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
4707 Libbit Ave Llc $2,800,000 Fidelity National Title
Sharaf Albert -- None Available
Sharaf Albert $730,000 Ticor Title Company Of Ca
Feldberg Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharaf Albert $511,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2022 10/01/22 Rented $20,000 0.0% --
07/25/2022 07/25/22 Price Changed $20,000 -25.9% $5 / Sq Ft
06/27/2022 06/27/22 For Rent $27,000 0.0% --
02/11/2022 02/11/22 Sold $2,800,000 +12.2% $803 / Sq Ft View Prior Sale
12/15/2021 12/15/21 For Sale $2,495,000 +241.8% $716 / Sq Ft
07/15/2012 07/15/12 Sold $730,000 -8.7% $319 / Sq Ft View Prior Sale
04/07/2012 04/07/12 Price Changed $799,500 +9.5% $349 / Sq Ft
03/20/2012 03/20/12 Off Market $730,000 -- --
03/19/2012 03/19/12 For Sale $849,000 -- $371 / 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 $35,408 $2,971,380 $2,192,879 $778,501
2024 $35,408 $2,913,119 $2,149,882 $763,237
2023 $34,714 $2,856,000 $2,107,728 $748,272
2022 $12,870 $1,065,407 $677,670 $387,737
2021 $12,707 $1,044,518 $664,383 $380,135
2019 $12,329 $1,013,539 $644,678 $368,861
2018 $12,172 $993,667 $632,038 $361,629
2016 $9,274 $759,370 $607,497 $151,873
2015 $9,140 $747,964 $598,372 $149,592
2014 $9,174 $733,313 $586,651 $146,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-172715

The MLS

APN: 2284-001-021