x
Address
5505 ZELZAH Avenue Encino, CA
Price
$ 12,000,000
Property Attributes
  • MLS#19445006
  • TypeIncome
  • CountyLOS ANGELES
  • CityEncino
  • AreaEncino
  • Zip91316
  • Style
  • Price$ 12,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage29536
  • Lot Size0.49 Acres
Listing Provided Courtesy Of:
Kelly Morgan with Keller Williams-Santa Monica.
Property Description

Rare Non Rent Controlled Asset in Encino. It is not often that a Non Rent Controlled asset in Encino comes on the market which makes this one a potential jewel in the crown for an investor. With average incomes in excess of $125,000 (just North of the property), this area continues to shine thus setting the gold standard for a gentrified neighborhood and attracting the highest wage earners in the area. The local economy provides high paying jobs and the proximity to Ventura Blvd allows access to some of the San Fernando Valley's best restaurants and nightlife. In a supply constrained market with a limited ability to develop land in the immediate area assets such as these don't usually last long on the market.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
3/18/2019 Listed $12,000,000

General Features

Directions West of White Oak Ave., Just North of Ventura Blvd
Listagentaor Out of Area Board
Listing Agent Kelly Morgan - BRE#01898026
Listing Agent State License 01898026
MLS Area ENC - Encino
Price Per Square Foot 406.28
Source System CRMLS
Special Listing Conditions Standard
Total Units 27
Zoning LAR3

Interior Features

Appliances None
Laundry Features None
Total Stories 2

Exterior Features

Building Area Total 29536.00
Lot Size Acres 0.4898
Lot Size Area 21335.0000
Lot Size Source Assessor
Lot Size Square Feet 21335.00
Lot Size Units Square Feet
Number of Buildings 1
Parking Features Community Structure
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91316

Price
AVG $12M
$12M
Visits
AVG 67
160
Year Built
AVG 1978
1978
Walkscore
AVG 60
60
Data Provided by Walkscore ® not using MLS data

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