tomo logo

$1,399,999

Beds
3
Baths
2.0
sq ft
1,410

5266 Forbes Ave, Encino, CA 91436

5266 Forbes Ave

Encino, CA 91436

  • 13 days on market
Modern farmhouse appeal in this upgraded home in a prime location! Nestled in a sought-after Encino neighborhood just blocks from Ventura Blvd, this beautifully updated 3-bedroom, 2-bathroom home offers 1,470 square feet of light-filled living space, perfect for modern living and entertaining. The heart of the home is the remodeled kitchen, featuring stunning quartz counters and new appliances. This home features new vinyl/wood flooring, elegant molding, recessed lighting, and fresh paint inside and out. Every detail of this dream home has been meticulously renovated with love. There are too many upgrades to mention. Please click on the photos to view more of your next home.

Details

Property type

Single Family Residence

Est. home value

$1,127,923

Lot size

5,615 sq ft

Price per sq ft

$993

Year built

1952

HOA

No

Price History

01/09/2025
CRMLS

CRMLS #PW25006050

Listed
$1,399,999
+50.54%
09/13/2022
CRMLS

CRMLS #SR22161583

Sold
$930,000

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Sidewalks

High school district: 

Other

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

$657,867
Asking price
$1,399,999
Closing costs (~8% of asking)
-$112,000
Est. remaining loan balance
-$630,132
Cash to seller
$657,867

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

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

August 2022

Original loan amount

$651,000

Est. remaining balance

$630,132

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Rekha Lund

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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16661 Magnolia Blvd, Encino, CA 91436

Status: Active

Tomo last checked: 01/22/2025 at 10:15 AM

Listing updated: 01/19/2025 at 3:10 AM

Listed by: Ryan Meltcher, Impact Real Estate Phone #: (951) 297-7910

MLS: CRMLS #PW25006050

CRMLS logo

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