4533 Grimes Place, Encino, CA 91316

$5,000,000 Asking Price

5 beds
6 baths
6,270  sqft
Built in 2008

Seller financing 5% down! Lake Encino Area. Contemporary Mediterranean Mansion. Incredible curb appeal! 5 bedrooms/6 baths. All large ensuite bedrooms with walk-in or tremendous closet space! Valley views from almost every window. Enter this glamorous home jeweled with ornate ironwork to a tremendous grand lobby area with extremely high ceilings, a fireplace, and access to the backyard. Framed with a set of curved stone-encrusted and iron-accented staircases. One on side of the lobby enters the elegant formal living room with several windows to allow light to pour in and another fireplace. On the other side of the lobby enter the oversized dining room to accommodate celebrations, holidays, religious services, etc. Adjacent is the informal flex room which can be best used as an informal family room, theater, gym, etc! The custom kitchen is adorned with top-of-the-line stainless steel appliances, high-quality cabinets, granite countertops, a large center island, and a separate eat-at counter. The Primary SUITE has its own wing with private dual baths, closets, water closets, custom vanities, and its own balcony. The current seller has started a pool/spa yet never finished. There is room to expand the yard on the property without too much work. 4-car garage, additional driveway parking, and ample street parking available. Close to every amenity imaginable, including supermarkets, gyms, coffee spots, etc etc. A True Entertainer's Paradise! The current tenant paying $20K/mo. VERY MOTIVATED SELLER. Offers subject to interior inspection. TENANT OCCUPIED...Delivered vacant at close of escrow. Seller will carry the loan up to FIVE YEARS!!

Features & Amenities

Interior

General:
Walk-In Closet(s)
Appliances:
Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
Laundry:
Inside
Flooring:
Wood
Heating:
true, Central
Fireplace:
Den,Living Room, Fireplace

Exterior

General:
Rain Gutters, Permits
Pool:
Private
Parking:
Parking spaces: 4

Construction

General:
3

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LARA, 2184015008
View:
City Lights,Trees/Woods, View

Financial

Source:
CRMLS

This listing courtesy of:
Rodeo Realty, Roger Perry

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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