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4317 Petit Avenue, Encino, CA 91436

$1.95M4bd · 4ba · 2,945 sqft
Lot 16,431 sqft•Single Family Residence•
Active
•9d on market•MLS# SR-26212343

Property Description

SOUTH OF THE BOULEVARD OPPORTUNITY! First time on the market in over 50 years. This 3-bedroom, 4-bath home sits on an expansive 16,398 sq. ft. tiered lot with approximately 112 feet of frontage, offering exceptional potential for a builder, developer, or visionary buyer. The approximately 2,945 sq. ft. home features a large pool, basketball hoop, and covered cabana. Mature fruit trees enhance the upper level, with potential for a north-south pickleball court, garden retreat, or recreation area. Reimagine the property as a luxury estate and explore the potential for a two-story ADU. Prime Encino location south of Ventura Boulevard, close to Gelson's Market and the redevelopment of Encino Village at Ventura and Petit, creating a walkable future hub of restaurants and shops. Large lot. 112-foot frontage. Pool. Prime Encino location. Exceptional potential. Buyer to independently verify square footage, lot dimensions, zoning, development and ADU potential, and building requirements.

Features & Amenities

FeeBuilt 1952

Property Details

Land Type
Fee
Year Built
1952
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air, Zoned
City
Encino
Zip Code
91436
County
Los Angeles
Listed byUnknown Office, Kenneth Melcombe

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$9,860.26
Principal & Interest
Loan Amount
$1,560,000
Total Interest
$1,989,694
Total Payment Over 30 Years
$3,549,694
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

4317 Petit Avenue, Encino, CA 91436

Encino · Single Family Residence

$1.95M
Luxury Tier
Beds
4
Baths
4
Sqft
2,945
Lot
16,431 sqft
Year
1952
$/Sqft
$662
Pool: Yes✓
Spa: No✓

Listed 13.9% below the median closed sale of $2,265,000. Price per sqft ($662) is a 13% discount to closed comps ($760). Closed comps sold at 101% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.95M· $662/sqft
Total list price
Closed comps
vs closed median $2.27M
−$315K (−13.9%)
Active comps
vs active median $2.13M
−$175K (−8.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $826
−$164 (−19.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
16644 Calneva DriveEncino1959442,44116,578$1,022$2.50M3392
4645 Petit AvenueEncino1957432,56415,656$644$1.65M4589
3818 Hayvenhurst AvenueEncino1955432,79020,955$860$2.40M23484
16708 Chaplin AvenueEncino1962432,37817,535$894$2.13M31584
3804 Vista Linda DriveEncino1976432,60019,101$712$1.85M23882
Total: 5 · Average4.03.22,554.617,965$826.4$2.10M173
Median2,564$2.13M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3461 AlginetEncino195909/22/2026342,99014,979$2.20M$2.22M$7421.015492
17431 Sumiya DriveEncino196709/30/2026433,05215,589$2.20M$2.00M$6550.915591
4236 Bonavita DriveEncino196009/11/2026432,73317,982$2.00M$2.27M$8291.135689
16688 Oldham StreetEncino195808/10/2026542,93213,046$2.60M$2.55M$8700.9815688
17248 QuesanEncino197008/19/2026443,48217,569$2.40M$2.45M$7041.023988
Total: 5 · Average4.03.63,037.815,833$2.30M$2.30M$760—72
Median2,990$2.27M$2.27M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.