tomo logo

$1,875,000

Beds
3
Baths
3.5
sq ft
2,030

17001 Escalon Dr, Encino, CA 91436

17001 Escalon Dr

Encino, CA 91436

  • 44 days on market
REDUCED $300,000!!! BRING ALL OFFERS! SELLER MOTIVATED!! South of Ventura Boulevard and perched high on Escalon Drive, sits this turn-key home on a RARE large, flat lot. Originally designed by acclaimed Modernist architect Don Saxon Palmer, the first floor is separated into two large rooms that are perfect for entertaining. On one side of the home is an updated kitchen with Carrera marble countertops, high-end stainless steel appliances, walk-in pantry, dining/family space and a guest bathroom. On the other side of the home is a formal living and office area. Step out of the newer sliding doors into the backyard surrounded by mature fruit trees with ample room for a pool. In addition, there is a second flat pad which is perfect for an ADU. Upstairs there are 3 en-suite bedrooms with newer remodeled marble bathrooms and professionally designed closets. Other amenities include dual AC units, upstairs laundry, alarm system and two car garage. BONUS ALERT! This home is located in the acclaimed Lanai Road Elementary School district. Easy access to the Westside as well as world-class restaurants and shopping along Ventura Boulevard. For those who are interested to build, at an offering price of $2,095,000, the seller has secured and can deliver Ready-To-Issue (RTI) approved plans for this parcel, outlining a meticulously designed residence spanning approximately 5,268 square feet. Boasting 5 bedrooms, 5.5 bathrooms, and a dedicated media room/theatre, this home is poised to exceed even the most discerning buyer's expectations. Of particular note is the kitchen layout, featuring a "dirty kitchen" equipped with gas appliances, ensuring both functionality and convenience for culinary enthusiasts. Additionally, the property includes a spacious 799 square foot ADU complete with a rooftop terrace, offering versatile living arrangements or potential rental income. House has been painted.

Details

Property type

Single Family Residence

Est. home value

$2,007,468

Lot size

0.2815 acres

Price per sq ft

$924

Year built

1965

Price History

06/27/2024
CRMLS

CRMLS #SR24100935

Price change
$1,875,000
+2.74%
06/27/2024
CRMLS

CRMLS #SR24100935

Price change
$1,825,000
-5.19%
05/18/2024
CRMLS

CRMLS #SR24100935

Listed
$1,925,000
-12.3%

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

City National Bank

Loan start date

May 2023

Original loan amount

$950,000

Est. remaining balance

Not provided

Interest rate

6.2%

Loan type

New Conventional, 30 year

Seller

Boutique Dwelling Llc

Lender

Easy Financial Llc

Loan start date

March 2021

Original loan amount

$1,487,200

Est. remaining balance

Not provided

Interest rate

2.77%

Loan type

Commercial

Seller

Boutique Dwelling 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?

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17139 Escalon Dr, Encino, CA 91436

Status: Active

Tomo last checked: 07/01/2024 at 7:15 AM

Listing updated: 06/26/2024 at 7:13 PM

Listed by: Aristide Buhoiu, Royal Estate Properties Phone #: (818) 445-4663

MLS: CRMLS #SR24100935

CRMLS logo

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