tomo logo

$1,495,000

Beds
4
Baths
3.0
sq ft
2,283

18047 Erwin St, Encino, CA 91316

18047 Erwin St

Encino, CA 91316

  • 2 days on market
Location, Location, Location! This great Encino house has an open floor plan featuring a spacious living room and dining area, a kitchen that is open to the family room, 4 bedrooms, and 3 bathrooms. Sliding glass doors open to the large rear yard with an oversized pool and spa, a generous sized patio deck for entertaining, numerous fruit trees and a storage shed. This amazing house is almost 1/3 acre flat lot with lots of potential to remodel, add on, add ADU, or tear down and build new and it is set back from the street. Close to freeways, shops, restaurants, and houses of worship.

Details

Property type

Single Family Residence

Est. home value

$1,381,618

Property condition

Fixer

Lot size

0.3075 acres

Price per sq ft

$655

Year built

1956

HOA

No

Price History

03/30/2025
CRMLS

CRMLS #SR25069122

Listed
$1,495,000

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

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

$1,036,825
Asking price
$1,495,000
Closing costs (~8% of asking)
-$119,600
Est. remaining loan balance
-$338,575
Cash to seller
$1,036,825

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

Seller’s Loan History

Lender

Tj Financial Inc

Loan start date

April 2019

Original loan amount

$380,000

Est. remaining balance

$338,575

Interest rate

4.37%

Loan type

New Conventional, 30 year

Seller

Parviz Shamtoub

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: 04/01/2025 at 11:35 PM

Listing updated: 04/01/2025 at 1:20 PM

Listed by: Shohreh Kiaei, Rodeo Realty Phone #: (818) 990-0454

MLS: CRMLS #SR25069122

CRMLS logo

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