4700 Balboa Avenue, Encino, CA 91316

$6,700,000 Asking Price

5 beds
8 baths
9,211  sqft
Built in 2008

The Most Exquisite Italian Villa on the Hilla..Celebrity-owned haven situated just S. of Ventura in a Beautiful Encino Enclave, yet you feel worlds away when you are HOME! One of a kind custom-built Home embodies luxury & elegance. Private, secluded, cul-de-sac lot & tucked away, remaining entirely hidden from view from Balboa! over 9000 SQFT on 1.27 ACRE Estate, for LAND VALUE alone in this part of Encino, it’s a steal. 2 independent appraisals completed October 2024, in hand @ $7.5M+.Long driveway leads to Double Gates ensuring security & safety to an entertainer’s dream. If you manifested walking a flight of stairs to your office, here’s your dream come true! 1,549 sq. ft. of PROFESSIONAL office space (BIG tax benefit), equipped w/kitchen, bath, 2 private offices & production office, perfect as recording studio, podcast space or writing hub! Separate entrance for staff & clients. Here’s the KICKER! 25 space parking lot! YES, parking for 25+ cars…ideal for Staff parking or hosting grand events! Every detail of this estate embodies old-world charm & elegance, w/country stonework, mature olive trees & layered architectural design throughout. Double Door Entry to towering intricate ceilings of grand foyer. Walk down the ‘red carpet’ on the longest grandest hallway in the valley! Relax in the library accented by gorgeous Pella Doors overlooking an Italian café scene! Stroll to the guest bath where there's a surprise from Marilyn Monroe! Sip cocktails on one of the inviting loggias, or host parties in the formal dining room, which features service passage for staff. Entertain guests in the cabaret theater, complete with an elevated stage, serve drinks from and-carved historic bar! Throughout the home, on each level, there are several outdoor spaces offering exceptional privacy & abundant charm & room for huge POOL! Take the elevator to the PENTHOUSE LEVEL primary suite, private retreat offering dual separate his/hers bathrooms & 2 separate spacious walk-in closets. In “his” wing, men’s club style steam shower, or “her” spa-resort experience in her own boudoir wing featuring a soaking/jacuzzi sunken bath adorned w/white Calacutta gold marble imported from Italy! Enjoy a nightcap on the veranda off your personal professional home gym, taking in picturesque sunset views to close out your evening. This is a HOUSE you Must See to Appreciate! There’s nothing like this on the market at this price so don’t wait because it won’t be available for long!

Features & Amenities

Interior

General:
Beamed Ceilings,Wet Bar,Breakfast Bar,Balcony,Breakfast Area,Ceiling Fan(s),Cathedral Ceiling(s),Coffered Ceiling(s),Separate/Formal Dining Room,Eat-in Kitchen,Elevator,High Ceilings,Pantry,Recessed Lighting,Smart Home,Two Story Ceilings,Wired for Data,Bar,Wired for Sound,Bedroom on Main Level,Entrance Foyer
Appliances:
6 Burner Stove,Built-In Range,Convection Oven,Double Oven,Dishwasher,Electric Range,Gas Cooktop,Disposal,Gas Oven,Gas Range,Ice Maker,Microwave,Refrigerator,Range Hood,Self Cleaning Oven,Vented Exhaust Fan,Water To Refrigerator,Warming Drawer,Water Purifier,Dryer,Washer
Laundry:
Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Laundry Room
Flooring:
Carpet,Tile,Wood
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
See Remarks, Fireplace
Disability Feature:
Safe Emergency Egress from Home,Accessible Elevator Installed,Parking

Exterior

General:
Barbecue, Outbuilding,Storage,Two On A Lot,Workshop
Style:
Custom,Mediterranean,Spanish,See Remarks
Other Structures:
Outbuilding,Storage,Two On A Lot,Workshop
Pool:
None
Parking:
Circular Driveway,Controlled Entrance,Door-Multi,Driveway Level,Driveway,Electric Gate,Garage,Gated,Oversized,Paved,Private,Pull-through,RV Garage,RV Potential,RV Access/Parking,One Space,See Remarks, Parking spaces: 63

Construction

Roofing:
Tile
Windows:
Bay Window(s),Double Pane Windows,Garden Window(s)
General:
Copper Plumbing, 3

Location

HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Los Angeles Unified
County:
Los Angeles

Lot

Zoning:
LARA, 2289017022
View:
City Lights,Hills,Mountain(s),Trees/Woods, View
Fencing:
Cross Fenced,Excellent Condition,Good Condition,Masonry,New Condition,Stone,Stucco Wall,Wrought Iron

Utilities

Utilities:
Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
Rodeo Realty, Poupee Komenkul

About Encino, CA

Housing

Number of Units
18,442
Median Home Value
$953,261
Median Rent
$1,815

42.32% of housing units are renter occupied.

4.91% are vacant.

Commute

Car
50.30%
Public Transportation
1.85%
Walk to Work
0.55%
Work from Home
45.90%
Other
0.83%

The median travel time to work is 19 minutes.

People

Population
42,698
Median Age
43.60
Median Household Size
2.71

Education

High School
13.48%
Associate’s Degree
6.54%
Bachelor’s Degree
31.25%
Graduate Degree
25.76%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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