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5457 Encino Avenue, Encino, California 91316, Encino, 91316 - 2 bed, 2 bath

5457 Encino Avenue, Encino, California 91316 home-pic-0
ACTIVE$2,650,000
5457 Encino Avenue, Encino, California 91316
2Beds
2Baths
2,260Sqft
43,037Lot
Year Built
1939
Close
-
List price
$2.65M
Original List price
$2.65M
Price/Sqft
$1,173
HOA
-
Days on market
-
Sold On
-
MLS number
SR25165874
Home ConditionFair
Features
Patio
ViewNeighborhood, Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $2.65M(77th), sqft - 2260(52th), beds - 2(13th), baths - 2(40th).

Welcome to 5457 Encino Avenue, a remarkable estate set behind gates on one of Encino’s most prestigious and sought-after streets. Spanning a full flat acre, this meticulously improved property offers the perfect blend of immediate livability, luxury outdoor amenities, and unmatched development potential — all in the heart of the San Fernando Valley. Appraised at $2.8 million, this 2-bedroom, 2-bathroom residence encompasses 2,260 square feet of beautifully maintained living space. The interior exudes warmth and comfort, with spacious living areas, abundant natural light, and an inviting layout that seamlessly connects to the outdoors. Whether you're enjoying a quiet evening at home or entertaining guests, the home offers a peaceful, private setting ideal for both relaxation and celebration. Step outside and experience the true potential of this extraordinary property. The expansive, flat one-acre lot provides rare space and privacy, surrounded by lush greenery and mature landscaping. With ample room for a resort-style pool, guest house, or even a larger custom estate, the possibilities are endless. This is an ideal opportunity for developers, investors, or end-users seeking to build or expand in one of Encino’s most desirable neighborhoods. Whether you choose to enjoy the home as it is or take full advantage of the development-ready grounds, 5457 Encino Avenue offers flexibility, long-term value, and timeless appeal. For the discerning buyer looking for location, privacy, and future upside — this is a truly unparalleled offering.

Price History

Date
Event
Price
07/28/25
$2,650,000
Condition Rating
Fair
The property, built in 1939, is described as 'meticulously improved' and 'beautifully maintained,' and the images confirm it is clean and functional. However, the kitchen features traditional, glazed cabinetry and granite countertops that, while in good condition, are stylistically dated. The bathrooms also exhibit a traditional aesthetic with similar cabinetry, granite vanities, and mosaic/brick-look tiling that are not current. The terracotta-style flooring throughout the main living areas further contributes to an outdated feel. While the home is move-in ready and well-kept, its key interior components, particularly the kitchen and bathrooms, show signs of being renovated 15-30 years ago and would require minor to moderate updates to align with contemporary tastes and standards. The listing's emphasis on 'development potential' also suggests the existing structure, while livable, is not the primary value driver for its price point.
Pros & Cons

Pros

Prime Gated Location: Situated on a prestigious, sought-after street in Encino, behind gates, offering exclusivity and high desirability within a top-tier neighborhood.
Exceptional Development Potential: The full, flat one-acre lot provides significant room for expansion, adding luxury amenities, or building a larger custom estate, appealing to developers, investors, and end-users.
Expansive & Private Acreage: A rare one-acre, flat lot offers unparalleled space and privacy, enhanced by lush greenery and mature landscaping, creating a serene and secluded environment.
Meticulously Maintained Home: The existing 2,260 sqft residence is beautifully maintained and offers immediate comfort and livability with spacious, light-filled interiors.
Strong Long-Term Investment: The property's unique combination of prime location, substantial developable land, and future upside ensures significant long-term value appreciation and flexibility.

Cons

Limited Current Living Space: The existing home features only 2 bedrooms and 2 bathrooms across 2,260 sqft, which is modest for a property of this price point and lot size, potentially limiting appeal for larger families.
Older Construction (1939): Built in 1939, the home is an older construction, which may imply a need for updates to systems or infrastructure to meet modern standards, despite current maintenance.
Value Primarily in Land: A significant portion of the $2.65M list price is attributed to the large, developable land, suggesting that the current structure's value is relatively lower and may require substantial investment for a new build or major expansion to fully realize the property's potential.

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