4444 Rochelle Place, Encino, California 91316, Encino, 91316 - 3 bed, 3 bath
ACTIVE$2,400,000
4444 Rochelle Place, Encino, California 91316
3Beds
3Baths
2,474Sqft
14,695Lot
Year Built
1975
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$970
HOA
-
Days on market
-
Sold On
-
MLS number
SR24208832
Home ConditionFair
Features
Pool
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 18% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.40M(75th), sqft - 2474(59th), beds - 3(49th), baths - 3(50th).
South of the Boulevard desired, Multiple levels
Price History
Date
Event
Price
11/04/24
Listing
$2,400,000
Condition Rating
Fair
Built in 1975, this property shows signs of being aged but maintained. The kitchen features updated stainless steel appliances and recessed lighting, but the wood cabinets, granite countertops, and especially the hexagonal terracotta tile flooring appear to be from a renovation 15-25 years ago, making them outdated. Bathrooms have some updated features like a jetted tub and stone finishes, but are not modern. Other areas feature dated brown carpet and older light fixtures, indicating a need for significant cosmetic updates to align with current styles and preferences.
Pros & Cons
Pros
Prime Location: Situated 'South of the Boulevard' in Encino, this property benefits from a highly desirable and prestigious address known for its excellent community and amenities.
Generous Lot Size: The substantial 14,695 sqft lot offers ample outdoor space, privacy, and significant potential for landscaping, adding a pool, or future expansion.
Spacious Interior: With 2474 sqft, 3 bedrooms, and 3 bathrooms, the property provides a comfortable and functional living environment suitable for families.
Architectural Potential: The 1975 build and 'Multiple levels' description suggest a classic architectural style that, with thoughtful renovation, could be transformed into a unique and modern residence.
Value-Add Opportunity: Given its prime location, large lot, and age, the property presents a strong investment opportunity for buyers willing to undertake modernization and capitalize on potential equity growth.
Cons
Dated Condition & Renovation Required: Built in 1975, the property likely requires significant modernization and updates to meet current aesthetic and functional standards, which will entail substantial investment.
Lack of Premium Views: The property explicitly states 'view:None,' which is a notable disadvantage in a high-value Encino location where panoramic views often command a significant premium.
Multi-Level Layout Challenges: While offering character, a multi-level layout can sometimes present challenges for accessibility, flow, and may not appeal to all buyers seeking single-story living or more open-concept designs.