4121 Regal Oak Drive, Encino, California 91436, Encino, 91436 - 4 bed, 3 bath

4121 Regal Oak Drive, Encino, California 91436 home-pic-0
ACTIVE$2,499,000
4121 Regal Oak Drive, Encino, California 91436
4Beds
3Baths
3,570Sqft
16,034Lot
Year Built
1961
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$700
HOA
-
Days on market
-
Sold On
-
MLS number
SR25021588
Home ConditionFair
Features
Excellent View: City Lights, Valley
Pool
Patio
ViewCity Lights,Valley

About this home

Possibly Over-Priced:The estimated price is 37% below the list price. We found 3 Cons,7 Pros. Rank: price - $2.50M(58th), sqft - 3570(60th), beds - 4(50th), baths - 3(44th).

Seller Financing! Seller will carry financing with 20% down at 5% for 3 years. Nestled in the prestigious Royal Oaks neighborhood of Encino, this single-story gated mid-century home sits on a generous 16,041 sq. ft. corner lot on a tranquil cul-de-sac. Offering 3,570 sq. ft. of living space, this property presents an exceptional opportunity for investors or developers. With breathtaking views, there is potential to remodel and upgrade the existing home, expand the outdoor space with a deck to further enhance the view, or even tear down and build a magnificent estate. The expansive open-concept great room seamlessly blends the living room, family room, and dining area, all featuring elegant porcelain tile flooring. The kitchen is designed with granite countertops and a spacious eating area. The home includes four bedrooms, all with hardwood floors, and three bathrooms. Two bedrooms share a Jack and Jill bath, while a separate fourth bedroom is conveniently located next to a ¾ bath. The primary suite boasts a walk-in closet and a spa-like bathroom with dual vanities and a sunken terrazzo tub. The private backyard, complete with a pool, provides the perfect setting for relaxation and entertaining. Ideally situated in the sought-after Lanai Road Elementary and Hesby Oaks Middle School districts, the property is also just moments from Ventura Boulevard’s vibrant shops and restaurants, with easy access to freeways and the Westside.

Nearby schools

8/10
Lanai Road Elementary School
Public,K-50.9mi
9/10
Kester Avenue Elementary School
Public,K-51.8mi
9/10
Roscomare Road Elementary School
Public,K-52.0mi
5/10
Lemay Street Elementary School
Public,K-53.9mi
6/10
Lemay Street Elementary School
Public,K-53.9mi
6/10
Newcastle Elementary School
Public,K-54.1mi
5/10
Brentwood Science School
Public,K-56.6mi
2/10
Van Nuys Middle School
Public,6-82.2mi
5/10
William Mulholland Middle School
Public,6-83.4mi
3/10
William Mulholland Middle School
Public,6-83.7mi
6/10
Gaspar De Portola Middle School
Public,6-84.0mi
6/10
Van Nuys Senior High School
Public,9-123.2mi
4/10
Reseda Senior High School
Public,9-124.3mi
6/10
University Senior High School
Public,9-127.0mi
6/10
University Senior High School Charter
Public,9-127.0mi
Condition Rating
Fair

Built in 1961, this home features some updated elements like new porcelain tile flooring and white kitchen cabinets. However, the kitchen's granite countertops and fluorescent lighting, along with the primary bathroom's sunken terrazzo tub, are dated and would likely require immediate renovation for a modern buyer. The listing description itself suggests 'potential to remodel and upgrade,' indicating it's not fully move-in ready by current standards, but it is well-maintained and functional.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16034, living area = 3570.
Great Schools: Elementary School: Roscomare Road Elementary School (9/10).
Prime Location & Accessibility: Nestled in the prestigious Royal Oaks neighborhood on a tranquil cul-de-sac, the property is within sought-after school districts (Lanai Road Elementary, Hesby Oaks Middle School) and offers easy access to Ventura Boulevard and freeways.
Significant Development Potential: A generous 16,041 sq. ft. corner lot presents exceptional opportunities for investors or developers to remodel, expand, or build a new magnificent estate.
Breathtaking Views: The property boasts 'breathtaking views' of City Lights and the Valley, enhancing its appeal and offering potential for further outdoor view enhancement.
Flexible Seller Financing: The availability of seller financing (20% down, 5% for 3 years) provides a unique and attractive purchasing option for qualified buyers.
Private Outdoor Oasis with Pool: The private backyard, complete with a pool, offers an ideal setting for relaxation and entertaining.

Cons

Dated Interior Finishes: The kitchen features granite countertops and the primary bathroom includes a sunken terrazzo tub, which may be considered outdated by current luxury market standards and could necessitate renovation.
Required Modernization: As a 1961 mid-century home, the property description explicitly notes 'potential to remodel and upgrade,' indicating a need for significant investment to align with contemporary design and amenity expectations.
Potential Overpricing: The listing price is considerably higher than the automated property estimation, suggesting it may be perceived as overpriced relative to its current condition and market value.

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