$3,395,000
SOLD APR 12, 2022

5320 Louise Ave Encino, CA 91316

5 Beds
6 Baths
5,454 Sq Ft
0.4 Acres

Recently Sold

$622 Per Sq Ft

3% Below List Price

30 Days on Market

Highlights

  • Guest House
  • Art Studio
  • Pebble Pool Finish
  • Gaspar De Portola Middle School Rated A-
  • Wine Cellar
  • Primary Bedroom Suite

About This Home

As of April 2022

Welcome to this truly magnificent estate, where traditional architecture and contemporary styling blend seamlessly! As you pull up, you are greeted by the grand circular motor court and artisan etched glass door. The captivating two story foyer provides a beautiful vantage point to the grand formal living room with floor to ceiling windows adorned with its elegant central fireplace and separate entertainer's dining room. As you enter to the main living area of the residence, you are immediately drawn to the walls of glass overlooking the stunning grounds and spectacular space the great room styled family retreat has to offer, with its granite faced fireplace, surround sound, elegant limestone floors and entertainers wet bar. The open concept living area is perfectly anchored by its spectacular culinary kitchen outfitted with expansive casual dining area, custom cabinetry, massive center island w/prep sink, top-of-the line Viking appliances, Subzero refrigeration, warming drawer, walk in pantry and office nook. An additional and amazing compliment to the main level is its vintage library lounge with custom built in bookcases, media niche and subterranean wine cellar that is just too incredible for words! Encompassing five (one downstairs) spacious bedrooms that include its massive primary suite outfitted with private patio balcony, lounge area, romantic fireplace, separate dressing room, sensational custom walk-in closet and elegant spa styled bath with multi-head seamless glass shower, separate commode, jetted soaking tub and oversized dual sink vanity. Step out, relax and spread out in the sprawling resort styled rear yard with sparkling pebble tech swimmers pool/spa, exceptional 40 foot outdoor kitchen with gas grill, refrigeration, smoker, cook top, cocktail bar, ice chest and buffet area. Engulfed with privacy the rear yard offers endless entertaining and lounging venues, manicured lawn, fruit trees, mature landscape and a separate 879 sq ft studio w/bath, perfect for a game room, work shop or convert it to an ADU. Fully paid 70 panel solar system and just too many exceptional extras to mention in this fabulous estate. This is a unique opportunity you will surely not want to miss!

Last Agent to Sell the Property

Oren Mordkowitz

Pinnacle Estate Properties, Inc. License #01246402 Listed on: 12/25/2021

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Albert Mouradian

Titus Realty, Inc. License #01852776

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,069

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 0.4 Acre Lot
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Lawn
  • Property is zoned LARA

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Workshop in Garage
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 5,454 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Library
  • Game Room
  • Art Studio
  • Workshop
  • Utility Room
  • Laundry Room
  • Home Security System

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Walk-In Pantry
  • Double Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Warming Drawer
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters

Pool

  • Pebble Pool Finish
  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Concrete Porch or Patio
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Additional Features

  • Guest House
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 26640
  • Assessor Parcel Number 2258005037
  • $640 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,069

Year Built

Built in 1975 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Security System
  • View: No
  • Zoning: LARA
  • Architectural Style: Contemporary, Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2258005037
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5454.00 Square Feet
  • Interior Amenities: Balcony, Open Floorplan, Wet Bar, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 622.48
  • Room Type: Art Studio, Dressing Area, Foyer, Game Room, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Master Suite, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar, Workshop
  • Spa Features: Private, Heated, In Ground
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Guest House, Outbuilding, Storage, Workshop
  • Patio And Porch Features: Concrete
  • Pool Features: Private, In Ground, Pebble
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Front, Workshop in Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Double Oven, Freezer, Gas Cooktop, Gas Water Heater, Refrigerator, Vented Exhaust Fan, Warming Drawer
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Lot 10000-19999 Sqft, Rectangular Lot, Level, Sprinkler System
  • Lot Size Sq Ft: 17538.00
  • Lot Size Acres: 0.4026

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17538.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1396.00
  • Tax Lot: 2
  • Tax Tract Number: 26640
  • TaxOtherAnnualAssessmentAmount: 640.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 25, 2021
Closed on
Mar 29, 2022
Sold by
Sandra Schneider-Treibatch
Bought by
Chaim Treibatch Family Trust
Seller's Agent
Oren Mordkowitz
Pinnacle Estate Properties, Inc.
Buyer's Agent
Albert Mouradian
Titus Realty, Inc.
List Price
$3,495,000
Sold Price
$3,395,000
Premium/Discount to List
-$100,000
-2.86%
Current Estimated Value
$4,242,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$847,117
Avg. Annual Appreciation
6.98%
Original Mortgage
$2,716,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 25, 2021
Closed on
Mar 18, 2022
Sold by
Chaim Treibatch Family Trust
Bought by
Mikayelyan Vanush
Seller's Agent
Oren Mordkowitz
Pinnacle Estate Properties, Inc.
Buyer's Agent
Albert Mouradian
Titus Realty, Inc.
List Price
$3,495,000
Sold Price
$3,395,000
Premium/Discount to List
-$100,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,716,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2015
Sold by
Treibatch Chaim
Bought by
Treibatch Chaim and Chaim Treibatch Family Trust

Purchase Details

Closed on
Jun 25, 2015
Sold by
Trelbatch Chaim
Bought by
Treibatch Chalm and Schneider Treibatch Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 10, 2006
Sold by
Dingle Robert L and Dingle Carol S
Bought by
Treibatch Chaim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2002
Sold by
Gelfand Marvin and Gelfand Iris
Bought by
Dingle Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,000
Interest Rate
3.75%

Purchase Details

Closed on
Feb 9, 1994
Sold by
Gelfand Marvin and Gelfand Iris
Bought by
Gelfand Marvin

Purchase Details

Closed on
Oct 13, 1993
Sold by
Gelfand Marvin and Gelfand Iris
Bought by
Gelfand Marvin

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
6.81%
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 Type Sale Price Title Company
Grant Deed -- Chicago Title
Grant Deed $3,395,000 Chicago Title
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- Pacific Coast Title Company
Grant Deed $1,800,000 Equity Title Co Glendale
Grant Deed -- First American Title Co
Individual Deed -- --
Grant Deed -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,000 New Conventional
Open $3,217,500 New Conventional
Closed $2,716,000 New Conventional
Closed $2,716,000 New Conventional
Previous Owner $1,750,000 Adjustable Rate Mortgage/ARM
Previous Owner $560,000 Credit Line Revolving
Previous Owner $1,260,000 Purchase Money Mortgage
Previous Owner $250,000 Credit Line Revolving
Previous Owner $1,070,000 No Value Available
Previous Owner $490,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Rented $22,000 -4.3% --
07/20/2022 07/20/22 For Rent $23,000 0.0% --
04/12/2022 04/12/22 Sold $3,395,000 -2.9% $622 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $3,495,000 0.0% $641 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
12/25/2021 12/25/21 For Sale $3,495,000 -- $641 / 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
2025 $43,069 $3,602,799 $2,431,863 $1,170,936
2024 $43,069 $3,532,157 $2,384,180 $1,147,977
2023 $42,228 $3,462,900 $2,337,432 $1,125,468
2022 $28,321 $2,378,193 $1,537,865 $840,328
2021 $27,965 $2,331,562 $1,507,711 $823,851
2019 $27,125 $2,262,409 $1,462,993 $799,416
2018 $26,819 $2,205,000 $1,410,000 $795,000
2016 $23,728 $1,960,000 $1,253,300 $706,700
2015 $20,155 $1,660,000 $1,061,500 $598,500
2014 $18,988 $1,526,695 $983,200 $543,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21268599

California Regional Multiple Listing Service (CRMLS)

APN: 2258-005-037