4616 Balboa Avenue, Encino, CA 91316

$2,995,000 Asking Price

7 beds
7 baths
5,764  sqft
Built in 1957

First time on the market in almost 30 years! This Academy & Emmy award winning owner's almost 6000 sq ft estate has hosted countless celebrities & dignitaries. At under $520 per sq ft this is truly one of the best buys in Encino South. Located on a prestigious cul-de-sac with multi million dollar estates this home creates the opportunity for added value for its next lucky owner. Set above the street, its gated frontage leads to a double door dramatic entry with soaring ceilings & massive windows letting the natural light shine throughout. The lower level offers a true chef's kitchen w/ cathedral wood beam ceiling, black & white accents & stainless appliances including a double fridge/freezer. A cozy den is off of the kitchen area as well as a banquet sized formal dining room with fireplace & adjacent bar servicing both interior & exterior guests. A bank of french doors leads to the private pool/spa & outdoor living/dining area with river rock accents & a cascading waterfall. There are 2 separate entertaining rooms ideal as game rooms & a movie room off of this area. A separate hall leads to what were the original 2 bedroom suites now converted to a wine tasting venue but easily converted back to 1 or 2 bedroom suites. A car collectors garage with 2 story ceilings offers an opportunity to create additional loft space & or car lifts for the car enthusiast. A sweeping staircase leads to 5 upstairs bedroom suites with exterior balconies overlooking the mountains & trees. A gracious primary suite includes a separate sitting room. Massive closets & a grand scale spa style bath. This is truly a home with limitless possibilities in an ideal location. Move in and enjoy or design to personal tastes over time. Steps from local fine dining shopping and so much more. Come see the magic of 4616 Balboa today and get ready to make your dreams come true.

Features & Amenities

Interior

General:
Walk-In Closet(s)
Appliances:
Dishwasher,Refrigerator
Laundry:
Inside,Laundry Room
Flooring:
Brick,Tile
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Dining Room, Fireplace

Exterior

General:
Private
Pool:
In Ground,Private
Parking:
Garage, Parking spaces: 0

Construction

General:
2

Location

Originating MLS:
CRMLS
School District:
Los Angeles Unified
County:
Los Angeles

Lot

Zoning:
LARA, 2289016049
View:
None

Financial

Source:
CRMLS

This listing courtesy of:
Berkshire Hathaway HomeServices California Properties, Andrew Manning

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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