$1,910,000
SOLD AUG 22, 2024

5109 Genesta Ave Encino, CA 91316

0.3 Acre
$6,301,551 Price per Acre
13,203 Sq Ft Lot

Recently Sold

$849 Per Sq Ft

9% Below List Price

15 Days on Market

Highlights

  • View of Trees or Woods
  • Lawn
  • Rectangular Lot
  • Gaspar De Portola Middle School Rated A-
  • No HOA
  • 3-minute walk to Encino Park

About This Lot

As of August 2024

Investors- families- builders-flippers!!! Own in one of the most coveted areas of Encino - beautiful Amestoy Estates. This gem has a 13,204 + foot flat lot (66 x 200) Zone LARE9 with a 2250 square foot single level mid- century home w/4 oversized bedrooms 3 bathrooms 2 fireplaces big dining room, wood paneled walls and shelves in family room, formal living room, breakfast area, hardwood floors, built-ins, pitched wood beam ceilings and more. Enclosed patio w/skylights. Many fruit trees and lush flora are thriving. The opportunity for renovation and customization or new build is fantastic. Newer homes in the area are three times the asking price. Walking distance to shops, restaurants, houses of worship, stroll to Genesta Park, close to award-winning Encino Charter Elementary. Central to all the valley has to offer - easy access to Westside, close to Encino Little League, Balboa Park for AYSO and the bike trails at Lake Balboa. Central Air, Heat, Detached garage perfect for ADU and even a bomb shelter you must see to believe! Trust sale, no court confirmation required, very easy to show, bring all offers.

Last Agent to Sell the Property

Billy Wynn

RE/MAX One Brokerage Phone: 818-261-3400 License #00952537 Listed on: 07/25/2024

RE/MAX One

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,300

Lot Details

  • 0.3 Acre Lot
  • Rectangular Lot
  • Front Yard Sprinklers
  • Lawn
  • Property is zoned LARE9

Property Views

  • Woods
  • Neighborhood

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 19 / H
  • Assessor Parcel Number 2258023010
  • $378 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$2,300

Lot Details

0

Listing Details

  • Current Use: Residential
  • Current Use Comments: single family home on lot
  • Improvements: single family home on lot
  • Possible Use: Residential
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LARE9
  • Property Type: Land
  • Parcel Number: 2258023010
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 144.65

Exterior Features

  • View: Neighborhood, Trees/Woods

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Lot 10000-19999 Sqft, Rectangular Lot, Sprinkler System, Sprinklers In Front
  • Lot Size Sq Ft: 13204.00
  • Lot Size Acres: 0.3031

Multi Family

  • Lot Size Area: 13204.0000 Square Feet

Tax Info

  • Tax Block: H
  • Tax Census Tract: 1396.00
  • Tax Lot: 19
  • TaxOtherAnnualAssessmentAmount: 378.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2024
Sold by
La21x Llc
Bought by
La21g Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,149,500
Outstanding Balance
$3,131,983
Interest Rate
6.44%
Mortgage Type
Construction
Estimated Equity
$758,565

Purchase Details

Listed on
Jul 25, 2024
Closed on
Aug 14, 2024
Sold by
Younger Family Trust and Younger Joel Bruce
Bought by
Ia21x Llc
Seller's Agent
Billy Wynn
RE/MAX One
List Price
$2,100,000
Sold Price
$1,910,000
Premium/Discount to List
-$190,000
-9.05%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
116.69%
Original Mortgage
$2,866,000
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2021
Sold by
Younger Dulcy Weiss and Younger Samuel
Bought by
Younger Dulcy Weiss and The Younger Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,900
Interest Rate
2.99%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Grant Deed -- Fidelity National Title
Grant Deed -- Fidelity National Title
Grant Deed $1,915,000 Lawyers Title Company
Interfamily Deed Transfer -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,149,500 Construction
Closed $3,149,500 Construction
Previous Owner $2,866,000 New Conventional
Previous Owner $298,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $4,950,000 +159.2% $886 / Sq Ft
08/22/2024 08/22/24 Sold $1,910,000 0.0% $849 / Sq Ft
08/22/2024 08/22/24 Sold $1,910,000 0.0% $849 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
08/09/2024 08/09/24 Pending -- -- --
08/01/2024 08/01/24 Off Market $1,910,000 -- --
08/01/2024 08/01/24 Off Market $1,910,000 -- --
07/25/2024 07/25/24 For Sale $2,100,000 0.0% $933 / Sq Ft
07/24/2024 07/24/24 For Sale $2,100,000 -- $933 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,300 $167,235 $72,324 $94,911
2023 $2,261 $163,956 $70,906 $93,050
2022 $2,163 $160,742 $69,516 $91,226
2021 $2,124 $157,591 $68,153 $89,438
2019 $2,064 $152,919 $66,133 $86,786
2018 $1,986 $149,922 $64,837 $85,085
2016 $1,873 $144,102 $62,320 $81,782
2015 $1,848 $141,938 $61,384 $80,554
2014 $1,865 $139,159 $60,182 $78,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24152717

California Regional Multiple Listing Service (CRMLS)

APN: 2258-023-010