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$4,495,000

Beds
6
Baths
6.5
sq ft
5,670

16846 Addison St, Encino, CA 91436

16846 Addison St

Encino, CA 91436

  • 4 days on market
    • Open house Jun 30
New Construction Masterpiece is the epitome of luxury displaying an impressive open concept floor-plan and an unmatched attention to detail throughout. Displaying soaring high ceilings and multiple skylights which fill the home with an abundance of natural light. Boasting almost 6,000 sqft spanning across 5 spacious bedrooms in addition to a 1 bedroom ADU. The details are endless such as integrated sinks in every bathroom, custom millwork throughout, and a floating staircase. State of the art chefs kitchen with custom white oak cabinetry, butlers pantry, oversized island with bar seating, high end Thermador appliances and dual dishwashers. Spacious theater room perfect for movie nights. Designer primary bedroom with oversized walk-in closet space, cozy fireplace, high vaulted ceiling and spacious balcony. Indulging primary bathroom with free standing tub, double vanity, and generous shower space. Massive floor to ceiling glass pocket doors lead to the oasis like yard with pool/spa equipped with an automatic pool cover, expansive grassy space, built-in BBQ center. ADU offers kitchen, gym, and large bedroom. Additional amenities include Control 4 smart system, security cameras and surround sound system. Centrally located near Encino's best shops, restaurants and providing easy freeway access.

Details

Property type

Single Family Residence

Est. home value

$2,187,020

Property condition

New Construction

Lot size

0.2321 acres

Price per sq ft

$793

Year built

2024

Price History

06/25/2024
CRMLS

CRMLS #SR24128637

Listed
$4,495,000
-6.35%
05/29/2024
CLAW

CLAW #24364611

Removed
$4,800,000
05/01/2024
CLAW

CLAW #24364611

Price change
$4,800,000
-3.98%

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

High school district: 

Los Angeles Unified

Negotiation Insights

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

Seller could get up to

$1,147,962
Asking price
$4,495,000
Closing costs (~8% of asking)
-$359,600
Est. remaining loan balance
-$2,987,438
Cash to seller
$1,147,962

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Foundation Mortgage Corp

Loan start date

January 2024

Original loan amount

$3,000,000

Est. remaining balance

$2,987,438

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Monique Alon

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?

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Status: Active

Tomo last checked: 06/29/2024 at 5:00 AM

Listing updated: 06/28/2024 at 2:42 PM

Listed by: Lilach Basson, Compass Phone #: (310) 230-5478

MLS: CRMLS #SR24128637

CRMLS logo

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