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4520 Libbit Ave, Encino, CA, 91436

$3,349,000

4 Bedrooms
6 Full Baths, 1 Partial
4,657 SqFt
$719/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Door-Multi, Garage, Gated
Attached Garage3 spaces
Year Built1953
HeatingCentral
FireplaceLiving Room
ViewHills, Pool
MLS #24387239
Lot Size0.22 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 4520 Libbit Ave

Nestled in the picturesque south Blvd. area of Encino, this enchanting Mediterranean-style residence spans across two stories, boasting approximately 4700 square feet of luxurious living space. With 4 bedrooms and 7 baths, this exquisite abode offers an oasis-like retreat within its resort-style backyard. Step into the allure of custom upgrades as you enter through the grand double-doors into a two-story foyer adorned with custom chandelier and the elegance of cherry wood floors guiding you seamlessly into the main living area with fireplace and spacious dining room capable of accommodating gatherings of up to 12+ guests. Adjacent to the dining area is an inviting open room, previously utilized as a chic high-top bar 'bistro' perfect for game day but is versatile for various purposes with its own ensuite bathroom. The heart of the home lies in the expansive full-service kitchen, with all appliances, walk-in pantry, large center island, dedicated coffee bar and mini fridge conveniently located adjacent to the pool and outdoor BBQ area. A spacious family room offers flexibility, with an adjoining side room, ideal for an office, gaming room, or art studio. A jack 'n jill bathroom services the 2 adjoining rooms, ensuring comfort and convenience. A 3rd ensuite bedroom, located downstairs, could also serve as a maids or nanny's quarters. Ascend the sweeping royal staircase adorned with a dazzling chandelier overhead to discover the primary suite oasis upstairs. On the 2nd level, you'll find a semi-open room with pony glass walls offering versatility for pre-bedtime TV, or office/study space. Just beyond, the double-door entry into the grand primary suite boasts many luxurious amenities for the homeowner(s), including dual bathrooms, a deep Japanese-style soaking tub with overhead chandelier, double sink vanity, and double-sided shower. On one side of the bedroom suite, you'll especially appreciate the attached workout room that can easily transform into a nursery, office, creative area, or extra closet space. On the other side of the suite, you'll find the 2nd bathroom with plenty of closet space leading out to a charming balcony overlooking the serene views above and relaxing backyard below. When it's time to refresh, your outdoor ambiance is elevated by the presence of a glistening pool and spa, complemented by captivating water features. The built-in BBQ area w/ bar seating beckons culinary enthusiasts to indulge in outdoor cooking adventures where you can entertain guests effortlessly on the custom dining deck or unwind in the multiple seating areas adorned with two separate fire pits, perfect for cozy evenings under the stars. The home exudes sophistication from top to bottom, complete with wrought iron trimmings, French doors, multi-level ceilings, impressive chandeliers, dedicated laundry area, 3-car garage, circle driveway with (2) automatic gates, and code-access street entry for added convenience and security. Gated and walled, this exceptional residence is located in the highly sought-after Lanai Road School district, conveniently situated near Ventura Blvd, offering easy access to Gelson's market, dining establishments, shopping centers, freeway access, and places of worship.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 1953
  • Stories: 1
  • Living Area: 4,657 SqFt

Listing Office:

  • Office Name: Sandlot Homes
  • Office Phone: (818) 457-4847
  • Listing Agent: Stacee Passen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Microwave, Refrigerator
  • Flooring Type: Wood
  • Interior: Ceiling Fan(s), Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Hills, Pool
  • Exterior: Fire Pit

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Circular Driveway, Door-Multi, Garage, Gated

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central

School Info

Assigned Schools Information:

  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Gaspar De Portola Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Lanai Road Elementary School, Public District Grades KG-5
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: Ventura Blvd. to Hayvenhurst Ave. (south), to Libbit (left)

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,349,000
  • Price Per SqFt: $719/SqFt

Tax Information:

  • Annual Amount: $22,337
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

4520 Libbit Ave vs Los Angeles

22 DAYS ON ROCKET

-12 Days

$3,349,000

+$2.3M More

$719/SqFt

+$87 More

KEY TAKEAWAY

This property is $2.3M more than the Median Sold Price and $87/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24387239

Listing Office:

  • Office Name: Sandlot Homes
  • Office Phone: (818) 457-4847
  • Listing Agent: Stacee Passen

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 12:55:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 16, 2017Home Sold
$1,730,000
Feb 22, 2008Home Sold
$1,575,000
Aug 04, 2006Home Sold
$2,500,000
Jun 03, 2005Home Sold
$951,000
Sep 30, 2002Home Sold
$550,000

Tax History

YEARPROP. TAXASSESSMENT
2021$22,337$1,854,907
2020$21,667$1,835,888
2019$21,527$1,799,891
2018$21,684$1,764,600
2017$21,684$1,782,536

History based on county public records data.

Payment Calculator

$16.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.1K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5983538
9
/10
  • Lanai Road Elementary School

  • 4241 Lanai Rd

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-5983539
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 9.11 miles

  • Public Magnet Grades 1-5

school-card-donut-5983540
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.64 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-5983541
7
/10
  • Gaspar De Portola Middle School

  • 18720 Linnet St

  • 3.02 miles

  • Public Magnet Grades 6-8

school-card-donut-5983542
4
/10
  • Studio

  • 2211 W Avenue 30

  • 14.98 miles

  • Public District Grades 6-8

High School

school-card-donut-5983543
7
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 2.66 miles

  • Public Magnet Grades 9-12

school-card-donut-5983544
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 17.91 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $170,652. The majority of Los Angeles, CA residents have income $200k+ annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4520 Libbit Ave

What is the listing price of this property?

The listing price of 4520 Libbit Ave property is $3,349,000.

What type of property is this?

The property 4520 Libbit Ave is a house located in Encino, California, 91436.

Is this property for sale now?

Accepting Backup Offers: 4520 Libbit Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 4520 Libbit Ave are:
Lanai Road Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Gaspar De Portola Middle School: GreatSchools Rating 7/10
Studio: GreatSchools Rating 4/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $22,337 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 16, 2017 for $1,730,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4520 Libbit Ave has 4 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 4520 Libbit Ave is 4,657 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4520 Libbit Ave is 1953.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles914364520 Libbit Ave

This home is located at 4520 Libbit Ave in Encino, CA and zip code 91436 in the The San Fernando Valley neighborhood. This 4,657 square foot home, which was built in 1953, sits on a 0.22 acre lot. Features: 4 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $3,349,000.

In April 2024, from all listings sold in Los Angeles, CA there were more than 701 sold above asking price, over 629 sold below and more than 204 were sold right at the asked price. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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