tomo logo

$4,200,000

Beds
2
Baths
2.0
sq ft
1,823

16846 Addison St, Encino, CA 91436

16846 Addison St

Encino, CA 91436

  • <1 day on market
This newly constructed luxury residence showcases an impressive open-concept floor plan, replete with meticulous attention to detail throughout. The soaring ceilings and multiple skylights create a bright and airy atmosphere, bathing the home in an abundance of natural light. With almost 6,000 sqft of living space, the property boasts five spacious bedrooms, plus a convenient one-bedroom accessory dwelling unit (ADU). Notable features include integrated sinks in every bathroom, custom millwork throughout, and a striking floating staircase. The gourmet chef's kitchen is equipped with custom white oak cabinetry, a butler's pantry, oversized island with bar seating, high-end Thermador appliances, and dual dishwashers. A spacious theater room provides an ideal setting for movie nights. The luxurious primary bedroom features an expansive walk-in closet, cozy fireplace, high vaulted ceiling, and spacious balcony. The opulent primary bathroom boasts a free-standing tub, double vanity, and generous shower space. Floor-to-ceiling glass pocket doors seamlessly connect the interior to the stunning outdoor oasis, complete with a pool/spa, automatic pool cover, expansive grassy space, and built-in BBQ center. The ADU provides a kitchen, gym, and large bedroom. Additional features include a Control 4 smart system, security cameras, and surround sound system. Ideally located near Encino's finest shops, restaurants, and offering easy freeway access.

Details

Property type

Single Family Residence

Est. home value

$2,187,020

Lot size

0.2321 acres

Price per sq ft

$2,304

Year built

1949

HOA

No

Price History

01/22/2025
CRMLS

CRMLS #IG25015609

Listed
$4,200,000
-4.44%
09/08/2024
CRMLS

CRMLS #SR24158184

Removed
$4,395,000
-2.22%
08/01/2024
CRMLS

CRMLS #SR24128637

Removed
$4,495,000
+2.28%

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

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

$892,123
Asking price
$4,200,000
Closing costs (~8% of asking)
-$336,000
Est. remaining loan balance
-$2,971,877
Cash to seller
$892,123

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

$2,971,877

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?

Status: Active

Tomo last checked: 01/22/2025 at 2:05 PM

Listing updated: 01/22/2025 at 10:14 AM

Listed by: JESSE AGUAYO, KELLER WILLIAMS REALTY Phone #: (909) 793-2100

MLS: CRMLS #IG25015609

CRMLS logo

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