NOT LISTED FOR SALE

5708 Bianca Ave Encino, CA 91316

Estimated Value: $1,166,000 - $1,444,067

2 Beds
2 Baths
1,242 Sq Ft
$1,033/Sq Ft Est. Value

Last Sold October 21, 2024

Last sale price $1,300,000 $1,047 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,030/month

21 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Living Room

About This Home

As of October 2024

Presenting a rare opportunity in the heart of Encino: a 12,444 sq. ft. lot with plans for a remarkable development. The property comes with a complete set of plans to build a spacious 3,445 sq. ft. single-family residence. This future home is designed to feature 6 bedrooms and 5.5 bathrooms, offering ample space for family living and entertaining. These plans offer a modern, spacious layout perfect for luxurious living and entertaining.Enhancing the property's value and versatility is a 500 sq. ft. junior ADU attached to the main house. This additional unit is perfect for guests, in-laws, or as a private office space.Moreover, the property includes approved plans for an additional detached 1,200 sq. ft. ADU. This separate dwelling is ideal for rental income, extended family accommodations, or a private retreat.This prime location in Encino offers endless possibilities for homeowners and investors alike. Don't miss the chance to develop a unique and luxurious residence in one of Los Angeles' most desirable neighborhoods. Seize this exceptional opportunity to create your dream home with added living spaces for maximum flexibility and potential.

Last Agent to Sell the Property

Shiva Mehrdad

Forward One License #01279649 Listed on: 08/22/2024

Last Buyer's Agent

Osnat Timsit

Beverly and Company License #02216465

Beverly and Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 61x131
  • Property is zoned LAR1

Parking

  • 3 Parking Spaces

Interior Spaces

  • 1,242 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2254-018-018

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0.29 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1242
  • Lot Acreage: 0.2857
  • Lot Dimensions: 61x131
  • Stories: 1
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 1115.14

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2254-018-018
  • Lot Size Area: 12444

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Oct 7, 2024
Sold by
Bianca Investments Llc
Bought by
Top Art Builders Llc
Seller's Agent
Shiva Mehrdad
Forward One
Buyer's Agent
Osnat Timsit
Beverly and Company
List Price
$1,385,000
Sold Price
$1,300,000
Premium/Discount to List
-$85,000
-6.14%
Views
7
Current Estimated Value
$1,283,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,483
Avg. Annual Appreciation
-0.90%
Original Mortgage
$975,000
Outstanding Balance
$960,873
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$322,644

Purchase Details

Closed on
May 15, 2020
Sold by
Aurino Karin L
Bought by
Aurino Francis

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
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2005
Sold by
Yanessa Helen E and Helen Yanessa Revocable Trust
Bought by
Aurino Francis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Top Art Builders Llc $1,300,000 California Best Title
Aurino Francis -- Lawyers Title Company
Aurino Francis -- Lawyers Title Company
Aurino Francis -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Top Art Builders Llc $975,000
Previous Owner Aurino Francis $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2024 10/21/24 Sold $1,300,000 -6.1% $1,047 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $1,385,000 +25.9% $1,115 / Sq Ft
08/06/2021 08/06/21 Sold $1,100,000 +10.1% $886 / Sq Ft View Prior Sale
07/19/2021 07/19/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $999,000 -- $804 / 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 $14,060 $1,300,000 $1,173,800 $126,200
2024 $14,060 $1,144,440 $801,108 $343,332
2023 $13,788 $1,122,000 $785,400 $336,600
2022 $13,146 $1,100,000 $770,000 $330,000
2021 $2,214 $161,503 $87,858 $73,645
2020 $2,231 $159,848 $86,958 $72,890
2019 $2,153 $156,714 $85,253 $71,461
2018 $2,106 $153,642 $83,582 $70,060
2016 $2,006 $147,679 $80,338 $67,341
2015 $1,980 $145,462 $79,132 $66,330
2014 $1,998 $142,613 $77,582 $65,031
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-430591

The MLS

APN: 2254-018-018

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