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$5,000,000

Beds
5
Baths
6.0
sq ft
6,270

4533 Grimes Pl, Encino, CA 91316

4533 Grimes Pl

Encino, CA 91316

  • 87 days on market
Prime Lake Encino Area. Contemporary Mediterranean Mansion. Incredible curb appeal! 5 bedrooms/6 baths. All large ensuite bedrooms with walk-in or tremendous closet space! Valley views from almost every window. Enter this glamorous home jeweled with ornate ironwork to a tremendous grand lobby area with extremely high ceilings, a fireplace, and access to the backyard. Framed with a set of curved stone-encrusted and iron-accented staircases. One on side of the lobby enters the elegant formal living room with several windows to allow light to pour in and another fireplace. On the other side of the lobby enter the oversized dining room to accommodate celebrations, holidays, religious services, etc. Adjacent is the informal flex room which can be best used as an informal family room, theater, gym, etc! The custom kitchen is adorned with top-of-the-line stainless steel appliances, high-quality cabinets, granite countertops, a large center island, and a separate eat-at counter. The Primary SUITE has its own wing with private dual baths, closets, water closets, custom vanities, and its own balcony. The current seller has started a pool/spa yet never finished. There is room to expand the yard on the property without too much work. 4-car garage, additional driveway parking, and ample street parking available. Close to every amenity imaginable, including supermarkets, gyms, coffee spots, etc etc. A True Entertainer's Paradise! The current tenant paying $20K/mo. VERY MOTIVATED SELLER. Offers subject to interior inspection. TENANT OCCUPIED...Delivered vacant at close of escrow. Seller will carry the loan up to FIVE YEARS!!

Details

Property type

Single Family Residence

Est. home value

$3,350,582

Lot size

0.8 acres

Price per sq ft

$798

Year built

2008

HOA

No

Price History

08/26/2024
CLAW

CLAW #24383455

Listed
$5,000,000
+43.06%
03/29/2024
CLAW

CLAW #24370074

Removed
$3,495,000
03/19/2024
CLAW

CLAW #24370074

Listed
$3,495,000
+12.78%

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Velocity Commercial Capital Llc

Loan start date

October 2020

Original loan amount

$1,875,000

Est. remaining balance

Not provided

Interest rate

2.86%

Loan type

Commercial

Seller

Universe Inc

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: 11/22/2024 at 4:10 AM

Listing updated: 11/02/2024 at 1:50 PM

Listed by: Roger Perry, Rodeo Realty Phone #: (310) 724-7100

MLS: CLAW #24383455

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