NOT LISTED FOR SALE

5012 Odessa Ave Encino, CA 91436

Estimated Value: $1,941,000 - $2,385,000

3 Beds
2 Baths
1,565 Sq Ft
$1,411/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $1,950,000 $1,246 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $13,572/month

14 Days on Market

Highlights

  • Living Room with Fireplace
  • No HOA
  • 2 Car Garage
  • Wood Flooring
  • Breakfast Area or Nook
  • Laundry Room

About This Home

As of June 2023

BUILDERS! CONTRACTORS! DEVELOPERS! Presenting a rare, valued opportunity to develop, design and build the quintessential dream home in one of the most sought after neighborhoods in Encino. A magnificent, sprawling nearly 1/4 acre lot sited on an idyllic, picturesque tree lined street in fabulous Encino Woods! Located in the Hesby Oaks Leadership Charter School District and just moments from the Sepulveda Basin Recreation Area and the world class shopping and dining district along famed Ventura Blvd. This is where you want to live. Welcome!

Last Agent to Sell the Property

Michael Okun

Sotheby's International Realty License #01430979 Listed on: 05/10/2023

Sotheby's International Realty

Last Buyer's Agent

Avi Barazani

Coldwell Banker Realty License #01004601

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,162

Year Built

  • Built in 1948

Lot Details

  • 10,239 Sq Ft Lot
  • Lot Dimensions are 70x146
  • Tear Down
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,565 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2260-005-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,162

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Tear-Down
  • Street Number Display: Yes
  • Living Area: 1565
  • Lot Acreage: 0.2351
  • Lot Dimensions: 70x146
  • Property Condition: Tear Down
  • Stories: 1
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Equipment: Refrigerator, Range/Oven, Garbage Disposal, Dishwasher
  • Price Per S Q F T: 1210.86

Exterior Features

  • Other Structures: Accessory Bldgs
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage Is Detached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2260-005-013
  • Lot Size Area: 10239

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jun 12, 2023
Sold by
Nino S And Lena Rossi 1996 Revocable Tru
Bought by
Lena Rossi Survivors Trust
Seller's Agent
Michael Okun
Sotheby's International Realty
Buyer's Agent
Avi Barazani
Coldwell Banker Realty
List Price
$1,895,000
Sold Price
$1,950,000
Premium/Discount to List
$55,000
2.9%
Views
62
Current Estimated Value
$2,208,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,076
Avg. Annual Appreciation
5.38%

Purchase Details

Listed on
May 10, 2023
Closed on
Jun 9, 2023
Sold by
Isaharov Shiri
Bought by
Isaharov Avi
Seller's Agent
Michael Okun
Sotheby's International Realty
Buyer's Agent
Avi Barazani
Coldwell Banker Realty
List Price
$1,895,000
Sold Price
$1,950,000
Premium/Discount to List
$55,000
2.9%
Views
62

Purchase Details

Listed on
May 10, 2023
Closed on
May 30, 2023
Sold by
Lena Rossi Survivors Trust
Bought by
Isaharov Avi
Seller's Agent
Michael Okun
Sotheby's International Realty
Buyer's Agent
Avi Barazani
Coldwell Banker Realty
List Price
$1,895,000
Sold Price
$1,950,000
Premium/Discount to List
$55,000
2.9%
Views
62

Purchase Details

Listed on
May 10, 2023
Closed on
May 10, 2023
Sold by
Lena Rossi Survivors Trust and Rossi Lucio A
Bought by
Lena Rossi Survivors Trust and Rossi
Seller's Agent
Michael Okun
Sotheby's International Realty
Buyer's Agent
Avi Barazani
Coldwell Banker Realty
List Price
$1,895,000
Sold Price
$1,950,000
Premium/Discount to List
$55,000
2.9%
Views
62

Purchase Details

Closed on
Oct 15, 1996
Sold by
Rossi Nino S
Bought by
Rossi Nino S and Rossi Lena
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 Buyer Sale Price Title Company
Lena Rossi Survivors Trust -- Fidelity National Title
Isaharov Avi -- Fidelity National Title
Isaharov Avi $1,950,000 Fidelity National Title
Lena Rossi Survivors Trust -- None Listed On Document
Rossi Nino S -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $1,950,000 +2.9% $1,246 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $1,895,000 -- $1,211 / 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 $24,162 $2,028,779 $1,605,857 $422,922
2024 $24,162 $1,989,000 $1,574,370 $414,630
2023 $1,660 $120,356 $62,887 $57,469
2022 $1,588 $117,997 $61,654 $56,343
2021 $1,560 $115,685 $60,446 $55,239
2019 $1,515 $112,255 $58,654 $53,601
2018 $1,444 $110,054 $57,504 $52,550
2016 $1,361 $105,782 $55,272 $50,510
2015 $1,343 $104,194 $54,442 $49,752
2014 $1,357 $102,154 $53,376 $48,778
Source: Public Records

Agents Affiliated with this Home

  • Michael Okun

    Seller's Agent in 2023

    Michael Okun

    Sotheby's International Realty

    (818) 415-1819

    8 in this area

    183 Total Sales

    Michael Okun
    Section Image

  • A

    Buyer's Agent in 2023

    Avi Barazani

    Coldwell Banker Realty

See All Agents

Map

Source: The MLS

MLS Number: 23-267445

The MLS

APN: 2260-005-013

California Los Angeles County Encino 91436

5012 Odessa Ave, Encino, CA

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