Seller's Agent in 2020
Joshua Altman
Douglas Elliman of California, Inc.
(323) 610-0231
24 in this area
500 Total Sales
4938 Rubio Ave Encino, CA 91436
Estimated Value: $3,020,000 - $5,176,000
6
Beds
4
Baths
4,000
Sq Ft
$1,045/Sq Ft
Est. Value
Highlights
- Guest House
- In Ground Pool
- Views of Trees
- Gaspar De Portola Middle School Rated A-
- Gated Parking
- 26,752 Sq Ft lot
About This Home
As of June 2020ATTN ALL DEVELOPERS: HUGE DEVELOPMENT OPPORTUNITY. 1st time property has been available for over 40 years. Well known Producer's home and privacy compound. This private, gated estate is the perfect opportunity to develop with an ample lot size and the availability to adjoin the buildings on the property. Current TENANT is paying 10K a month. Two grand gates open up to a 50 yd long driveway up to 40 spots leading to the property that encompasses 2,800 square feet of living space with 3 bedrooms and 2 bathrooms. Secured with security systems and an intercom, this property allows for privacy and safety. In addition to the main house, there are 2 guest houses. The first is a 600 sq ft. pool house with 1 bedroom and 2 baths. The second is an 800 sq ft. studio divided into 2 separate rooms. A very large garage that can be altered.This is the perfect property for large families (the buildings can be adjoined), film companies and especially developers.
Last Agent to Sell the Property
Douglas Elliman of California, Inc. License #01764587 Listed on: 01/02/2020
Last Buyer's Agent
Marisa Rokstad
Douglas Elliman License #01894858
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 0.61 Acre Lot
- Property is zoned LAR1
Interior Spaces
- 4,000 Sq Ft Home
- 1-Story Property
- Built-In Features
- Great Room with Fireplace
- Living Room
- Dining Room
- Views of Trees
Kitchen
- Oven or Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Slate Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 40 Car Detached Garage
- Driveway
- Gated Parking
- On-Street Parking
Pool
- In Ground Pool
- Spa
Additional Features
- Guest House
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2259-017-035
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 2, 2020
Closed on
May 7, 2020
Sold by
Faraci Jane and The Erma J Paylow Living Trust
Bought by
Grossman Yosef and Tabach Michelle
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Marisa Rokstad
Douglas Elliman
List Price
$2,995,000
Sold Price
$1,650,000
Premium/Discount to List
-$1,345,000
-44.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,528,667
Avg. Annual Appreciation
17.54%
Original Mortgage
$155,000
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 6, 2019
Sold by
Faraci Janel and Paylow Janel June
Bought by
Faraci Janel and Paylow Janel June
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
3.73%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 20, 2004
Sold by
Paylow Erma J
Bought by
Paylow Erma J and Erma J Paylow Living Trust
Purchase Details
Closed on
May 27, 1998
Sold by
Paylow Erma J
Bought by
Paylow Erma J and The Erma J Paylow Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
7.1%
Purchase Details
Closed on
Oct 16, 1996
Sold by
Paylow Erma J
Bought by
Paylow Erma J and The Erma J Paylow Living Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grossman Yosef | $1,650,000 | Fidelity National Title | |
| Faraci Janel | -- | Provident Title Company | |
| Paylow Erma J | -- | -- | |
| Paylow Erma J | -- | Fidelity National Title Co | |
| Paylow Erma J | -- | Fidelity National Title Co | |
| Paylow Erma J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Grossman Yosef | $155,000 | |
| Previous Owner | Faraci Janel | $300,000 | |
| Previous Owner | Paylow Erma J | $198,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/26/2020 06/26/20 | Sold | $1,650,000 | -28.3% | $413 / Sq Ft |
| 06/21/2020 06/21/20 | Pending | -- | -- | -- |
| 02/20/2020 02/20/20 | Price Changed | $2,300,000 | -11.5% | $575 / Sq Ft |
| 01/20/2020 01/20/20 | Price Changed | $2,600,000 | -13.2% | $650 / Sq Ft |
| 01/02/2020 01/02/20 | For Sale | $2,995,000 | -- | $749 / Sq Ft |
Source: The MLS
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 | $21,705 | $4,934,261 | $1,421,738 | $3,512,523 |
| 2024 | $21,705 | $1,769,130 | $1,393,861 | $375,269 |
| 2023 | $21,284 | $1,734,442 | $1,366,531 | $367,911 |
| 2022 | $20,294 | $1,700,435 | $1,339,737 | $360,698 |
| 2021 | $20,052 | $1,667,094 | $1,313,468 | $353,626 |
| 2020 | $18,767 | $1,532,721 | $1,244,796 | $287,925 |
| 2019 | $5,622 | $446,886 | $178,872 | $268,014 |
| 2018 | $5,444 | $438,124 | $175,365 | $262,759 |
| 2016 | $5,189 | $421,112 | $168,556 | $252,556 |
| 2015 | $5,115 | $414,788 | $166,025 | $248,763 |
| 2014 | $5,146 | $406,664 | $162,773 | $243,891 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Altman
-
Matthew J. Altman
Seller Co-Listing Agent in 2020
Matthew J. Altman
Douglas Elliman of California, Inc.
(323) 791-9398
13 in this area
169 Total Sales
-
M
Buyer's Agent in 2020
Marisa Rokstad
Douglas Elliman
Map
Source: The MLS
MLS Number: 20-539612
APN: 2259-017-035
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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