tomo logo

$12,975,000

Beds
10
Baths
12.0
sq ft
16,661

3930 Royal Oak Pl, Encino, CA 91436

3930 Royal Oak Pl

Encino, CA 91436

  • 131 days on market
Nestled within a tranquil cul-de-sac, this remarkable Royal Oak Double Estate spans nearly an acre, providing a rare haven of privacy and breathtaking vistas. A true masterpiece, this prestigious property comprises two expansive homes on a single lot, creating the ultimate entertainer's paradise. The compound is a harmonious blend of proximity and seclusion, embraced by the natural beauty of mountains. Passing through the imposing private gate at the end of the cul-de-sac, you'll encounter two distinct Spanish Villas, each boasting grandeur and individual charm. The first residence, with 5 bedrooms and 6 bathrooms, spans 8,000 sqft and welcomes you with a formal entry through double iron doors. The living room and dining room exude elegance with soaring ceilings and a floor-to-ceiling fireplace. The kitchen is a culinary masterpiece, featuring custom cabinetry, a spacious island with custom granite, a sitting area, balcony, double oven, Thermador appliances, and exquisite craftsmanship. Every room in the house opens onto a balcony with breathtaking city and mountain views. The backyard is a true oasis for entertainers, featuring a pool, spa, fire pit, an elaborate outdoor kitchen under a custom-made pergola, and a bar area—all overlooking a stunning natural backdrop. The second home, boasting 5 bedrooms and 6 bathrooms over 8600 sqft, offers a similarly luxurious layout with unique custom finishes. Both residences boast an array of lavish features, including a complete home entertainment system, a finished basement game room, a comprehensive camera system, built-in speakers indoors and outdoors, high ceilings, a theater room, a bar, mosaic tile, high-end appliances and fixtures, custom hardwood floors, wood panel ceilings, a full outdoor kitchen, and wiring for all modern conveniences. Other features include a fire sprinkler system, 16-inch walls throughout, coffered ceilings, concrete precast moldings, Marvin windows and doors, solid interior doors, copper rain gutters and downspouts. The property includes a 4-car garage with additional parking for 7 vehicles and RV parking. The two-estate compound is further enhanced by a 24-hour armed patrol guard, ensuring security and peace of mind.

Details

Property type

Single Family Residence

Est. home value

$10,714,542

Property condition

Updated/Remodeled

Lot size

0.8543 acres

Price per sq ft

$779

Year built

2010

Price History

02/21/2024
CRMLS

CRMLS #SR23228342

Listed
$12,975,000

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights

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 2022

Original loan amount

$1,828,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

Credit Line (Revolving), 30 year

Seller

Levon Nargizyan and Diana Ashikyan

Lender

Bank Of America Na

Loan start date

November 2021

Original loan amount

$1,900,000

Est. remaining balance

$1,794,875

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Levon Nargizyan and Diana Ashikyan

Lender

East West Bank

Loan start date

February 2016

Original loan amount

$637,000

Est. remaining balance

Not provided

Interest rate

3.09%

Loan type

Credit Line (Revolving), 20 year

Seller

Levon Nargizyan and Agavni Diana Ashikyan

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: 07/01/2024 at 8:20 AM

Listing updated: 04/29/2024 at 3:00 PM

Listed by: Levon Nargizyan, Home Port Real Estate Inc. Phone #: (818) 842-6800

MLS: CRMLS #SR23228342

CRMLS logo

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