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4728 Park Encino Lane 318, Encino, California 91436, Encino, 91436 - 2 bed, 2 bath

4728 Park Encino Lane 318, Encino, California 91436 home-pic-0
ACTIVE$1,149,000
4728 Park Encino Lane 318, Encino, California 91436
2Beds
2Baths
1,837Sqft
Lot
Year Built
1982
Close
-
List price
$1.15M
Original List price
$1.3M
Price/Sqft
$625
HOA
$1,800
Days on market
-
Sold On
-
MLS number
ML82020475
Home ConditionExcellent
Features
Good View:
Deck
Pool
Spa
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.15M(67th), sqft - 1837(67th), beds - 2(50th), baths - 2(33th).

Park Encino Towers Flagship Penthouse! Available for the first time in over 30 years, this fully remodeled residence was completely reimagined in 2025 with more than $200,000 in upgrades. Offering two spacious bedrooms and two full bathrooms, this turn key home showcases soaring 20 foot ceilings, expansive windows, and two private patios with breathtaking views. The new kitchen features high-end appliances, custom cabinetry, and designer accent lighting, while the bathrooms have been outfitted with modern vanities, LED mirrors, and electronic bidet toilets. Additional upgrades include new vinyl flooring with soundproof padding, updated HVAC and electrical, Nest temperature control, Arlo security system, fresh paint, baseboards, fixtures, and hardware: every detail designed for years of effortless living. A private laundry room with built-in storage, expansive living and dining areas, and abundant natural light add to the appeal. Park Encino Towers offers 24 hr security, gated entry, pool, spas, BBQs, tennis courts, elevators, garage parking with storage, and lush landscaped grounds with gardens, waterfalls, and streams: all in the heart of Encino near shops, dining, and freeway access.

Nearby schools

8/10
Lanai Road Elementary School
Public,•K-5•0.8mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.5mi
5/10
Lemay Street Elementary School
Public,•K-5•2.6mi
6/10
Newcastle Elementary School
Public,•K-5•2.6mi
6/10
Lemay Street Elementary School
Public,•K-5•2.6mi
9/10
Roscomare Road Elementary School
Public,•K-5•3.3mi
5/10
Brentwood Science School
Public,•K-5•7.5mi
5/10
William Mulholland Middle School
Public,•6-8•2.3mi
6/10
Gaspar De Portola Middle School
Public,•6-8•2.5mi
3/10
William Mulholland Middle School
Public,•6-8•2.5mi
2/10
Van Nuys Middle School
Public,•6-8•2.9mi
4/10
Reseda Senior High School
Public,•9-12•2.8mi
6/10
Van Nuys Senior High School
Public,•9-12•3.4mi
6/10
University Senior High School
Public,•9-12•8.0mi
6/10
University Senior High School Charter
Public,•9-12•8.0mi

Price History

Date
Event
Price
10/23/25
Price Change
$1,149,000-4.2%
10/11/25
Price Change
$1,199,000-1.7%
10/08/25
Price Change
$1,220,000-2.4%
09/30/25
Price Change
$1,250,000-2.3%
09/22/25
Price Change
$1,280,000-1.5%
09/05/25
Listing
$1,299,000
Condition Rating
Excellent
Despite being built in 1982, this penthouse has undergone a complete and extensive renovation, described as 'reimagined in 2025' with over $200,000 in upgrades. The kitchen features new high-end black appliances, custom white cabinetry, and modern lighting. Bathrooms are fully updated with modern floating vanities, gold fixtures, LED mirrors, and bidet toilets. New vinyl flooring, updated HVAC and electrical systems, fresh paint, and new fixtures throughout contribute to a virtually new interior. The images confirm a contemporary, high-quality finish with no visible wear or deferred maintenance, making it move-in ready with all components meeting current quality standards.
Pros & Cons

Pros

Extensive Recent Renovation: The residence was fully remodeled in 2025 with over $200,000 in upgrades, including a new kitchen with high-end appliances, modern bathrooms, new flooring, updated HVAC/electrical, and smart home features, making it a turnkey property.
Premium Penthouse Features: As a flagship penthouse, it boasts soaring 20-foot ceilings, expansive windows, and two private patios, contributing to a luxurious and open living experience.
Breathtaking Views: The property offers breathtaking views from its private patios, enhancing its appeal and providing a desirable backdrop.
Comprehensive Building Amenities & Security: Park Encino Towers provides extensive amenities including 24-hour security, gated entry, pool, spas, BBQs, tennis courts, elevators, garage parking with storage, and lush landscaped grounds.
Prime Encino Location: Situated in the heart of Encino, the location offers convenient access to shops, dining, and freeway, providing an excellent lifestyle and connectivity.

Cons

High Association Fee: The monthly association fee of $1800 is substantial and could be a significant ongoing cost for potential buyers, impacting affordability.
Significant Price Reductions: The property has seen multiple price reductions from its initial list price of $1.299M to $1.149M, which may indicate initial overpricing or challenges in market reception.
Building Age: While the unit is extensively remodeled, the building itself was constructed in 1982, which could lead to concerns about the age of common areas or potential for future special assessments for building-wide updates.

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