Exceptional opportunity to acquire a beautifully renovated Encino estate offering the rare combination of luxury residential real estate and long-term, income-producing investment security. Privately situated on an expansive 23,239 SF lot at the end of a quiet cul-de-sac, this 4-bedroom, 3-bathroom residence encompasses approximately 2,219 SF and features a sparkling… Read More swimming pool, solar, two-car garage, and scenic city and mountain views. The property will be secured by a new 15-year NNN lease at closing, providing $21,000 in monthly rental income with 2% annual rent increases and two additional 5-year renewal options. The tenant is responsible for property taxes, insurance, and routine maintenance, with landlord obligations limited to roof and structure. This attractive lease structure provides investors with predictable, growing income and reduced day-to-day management responsibilities. PORTFOLIO SALE ONLY: Offered exclusively as part of a three-property, 24-licensed-bed Southern California real estate portfolio with a combined asking price of $10,125,000 and $810,000 in Year-1 NOI. Additional properties include 3914 Braewood Court, Tarzana, CA 91356, and 17514 & 17516 Raymer Street, Northridge, CA 91325. Contact listing brokers for the Offering Memorandum and additional details. Read Less
Property listed by Moses Commercial, Inc, Shane Moses 972-467-6536
Listing Snapshot
Days Online
4
Last Updated
Property Type
SingleFamilyResidence
Beds
4
Full Baths
3
Square Ft.
2,219
Lot Size
0.53 Acres
Year Built
1959
MLS Number
26101869
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator, Dryer, Washer
Building
Built in 1959, Living area: 2219.0, Levels: One
Cooling
CentralAir
Fireplaces
LivingRoom
Floors
Wood
Heating
Central
Lot
0.5335 acres, Dimensions: 119x190
Pool
InGround
Property
CityLights, Mountains, Valley
Taxes
Parcel Number: 2184029018, Zoning: LARA
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Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
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