tomo logo

$3,899,000

Beds
5
Baths
5.5
sq ft
5,054

16706 Magnolia Blvd, Encino, CA 91436

16706 Magnolia Blvd

Encino, CA 91436

  • 7 days on market
Come view this brilliantly designed contemporary home. Settled on an impressive lot, this Encino home offers warm, indoor/outdoor living. Behind the grand door, you ll experience high ceilings, white oak herringbone floors, and a spacious living room with a gorgeous fireplace. In the formal dining room, 10ft glass pocket doors open to a large covered patio for an indoor/outdoor experience. The DaVinci Collection dual fireplace serves as a partition to the opulent family room and chef s kitchen that is equipped with a double island, top-of-the-line appliances, Sapienstone countertops and full backsplash, a walk-in pantry, and more. This area is completed by 10ft pocket doors that open onto a vast entertainer’s outdoor space replete with a pool, spa, and outdoor kitchen. The LED lit staircase leads to the owner s suite which contain a lavish fireplace and 10ft pocket doors that spill onto the oversized terrace. The bespoke, spa bath is dressed with dual sinks, an impressive makeup vanity, a soaking tub, and custom glass wardrobe doors. Three additional ensuite bedrooms and a lovely laundry room grace the upstairs with luxurious finishes. Downstairs features a bonus media room with surround sound and speaker system. This smart home is a an entertainer s dream! A true oasis coupled with a rare amount of flat yard makes this estate fit for the most discerning occupant in one of the most desirable areas.

Details

Property type

Single Family Residence

Est. home value

$3,816,584

Lot size

0.2379 acres

Price per sq ft

$772

Year built

2022

HOA

No

Price History

01/17/2025
CRMLS

CRMLS #SR25011869

Price change
$3,899,000
+899.75%
01/16/2025
CRMLS

CRMLS #SR25011869

Listed
$389,999
-88.53%
08/17/2024
CRMLS

CRMLS #SR24149362

Removed
$3,399,999

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Vince Rauba

Loan start date

June 2023

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

6.27%

Loan type

Commercial, 1 year

Seller

Mag43 Llc

Lender

Mortgage Lender Services Inc

Loan start date

May 2023

Original loan amount

$1,950,000

Est. remaining balance

Not provided

Interest rate

6.27%

Loan type

Commercial

Seller

Mag43 Llc

Lender

Gary Gunderson

Loan start date

February 2023

Original loan amount

$1,118,677

Est. remaining balance

Not provided

Interest rate

6.33%

Loan type

Commercial

Seller

Mag43 Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/22/2025 at 5:15 PM

Listing updated: 01/16/2025 at 10:15 PM

Listed by: Sheryl Petway, The ONE Luxury Properties Phone #: (949) 392-5255

MLS: CRMLS #SR25011869

CRMLS logo

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