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$5,583,317Estimated home value

Beds
5
Baths
5.5
sq ft
5,931

5159 Amestoy Ave, Encino, CA 91316

5159 Amestoy Ave

Encino, CA 91316

  • Sold On 7/13/2023
Rare opportunity l Amestoy Estates. Montecito meets La Quinta in artfully expanded & reimagined authentic 1938 1-level walled Spanish compound. One of area's original estates, Casa Amestoy offers casual elegance w/rich original character & modern amenities. Private, secure estate is set on 1.1+ acres. Front entry courtyard feat fountain & covered veranda. Ideal floor pln has 4 bds w/lux master w/built-ins, walk-in & spa-like ba. Keyhole fpl anchors LR, FR & FDR's. Grand, expanded kit boasts catering gallery & walk-in pantry. Wood-beamed ceilings thru-out. Newer screening rm w/10 seats, 4K proj, fiberoptic ceil, Crestron control & lobby/library evokes Old Hollywood cinema. Remarkable grounds encompass 1-bd A/C Guest Hse w/fp, kit & ba, Cabana w/ba, changing rms, offices + N/S lit TC and swimmer's pl. This estate is a breath of fresh air among the monotony of newer construction. Easy access to Studios & Westside. Casa Amestoy is Old Hollywood glamour envisioned for today's modern buyer.

Details

Property type

Single Family Residence

Est. home value

$5,583,317

Property condition

Updated/Remodeled

Lot size

1.1039 acres

Price per sq ft

$657

Year built

1938

Price History

12/23/2024
CRMLS

CRMLS #SR24192048

Removed
$5,999,999
12/13/2024
CRMLS

CRMLS #SR24192048

Listed
$5,999,999
12/05/2024
CRMLS

CRMLS #SR24192048

Pending
$5,999,999
-7.69%

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$1,017,595
Asking price
$3,895,000
Closing costs (~8% of asking)
-$311,600
Est. remaining loan balance
-$2,565,805
Cash to seller
$1,017,595

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

October 2019

Original loan amount

$2,870,000

Est. remaining balance

$2,565,805

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Jason Russell and 5159 Amestoy Trust

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: Off Market

Tomo last checked: 12/23/2024 at 10:00 AM

Listing updated: 09/20/2023 at 1:40 PM

Listed by: Andrew Manning, Berkshire Hathaway HomeServices California Properties Phone #: (818) 528-3200

MLS: CLAW #19508452

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