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    4620 Encino Avenue Encino, CA 91316

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    Claim this Listing
    For Sale
    $3,795,000

    Land/Lot - Encino, CA

    Property size:
    11,621 SF
    Lot size:
    23,719.00 Acres
    Added:
    Oct 28, 2025
    Days on Market:
    183
    Last Refresh:
    Apr 28 at 5:06 pm

    Property Features for 4620 Encino Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    LARA
    Exterior features
    Community Features Included: Mountainous, Suburban
    Standard status
    Active
    APN
    2290022027
    Size
    11,621 SF
    Lot size
    23,719.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Dennis Chernov
    Dennis Chernov

    Listing agent Dennis Chernov License #01850113

    Listing office Equity Union 13400 Ventura Blvd, Encino, CA

    Listing date Oct 28, 2025

    MLS# SR25244900 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Encino Hills Private Lot

    Located in the hills of Encino, this property offers privacy and security on an expansive lot. The secluded property is RTI ready, with plans for an 11,621 square foot estate that includes 8 bedrooms, 11 bathrooms, and an attached ADU. The property is south of the Boulevard, situated within a highly rated school district and close to the Valley and Westside. The current home welcomes you through double doors into a spacious family room that overlooks the lush backyard and flows seamlessly into the formal dining room. The gourmet kitchen is equipped with chef grade Thermador appliances, custom cabinets, a massive island with seating and walk-in pantry. The main level also features a sizable living room with a fireplace and walls of glass, a laundry/mud room, and a secluded bedroom. Upstairs, the primary suite includes a custom walk-in closet and bathroom with a soaking tub, rainfall shower system, and double vanity. Additionally, there are three generously sized bedrooms upstairs, one with an ensuite bathroom. Surrounded by mature landscaping, the backyard includes a pool, covered patio, sports court, and grassy yard. Further amenities include a two car carport, large driveway with abundant parking and ample storage space throughout, including an attached storage shed. The lot size is approximately 0.54 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Encino
    County
    Los Angeles
    State
    California
    Longitude
    -118.5133174
    Latitude
    34.1534958

    Nearby Similar for Sale

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      Profitable Medical Spa in Encino

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    • $1,325,000
      3,000 SF

      Ventura Boulevard Leased Investment Opportunity

      Leased investment property on Ventura Blvd with rear parking.
      17930 Ventura Boulevard, Encino, CA 91316
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Expansive Encino lot with plans for an 11,621 sf estate.
    Where is this residential land & home lot located?
    The property is located at 4620 Encino Avenue Encino, CA.
    What is the asking price?
    The asking price for this property is $3,795,000.
    What are key features of this property?
    This property features: RTI ready with plans for an **11,621 sf estate including 8 bedrooms, 11 bathrooms, and an attached ADU**.; Expansive private lot in a secluded, gated location offering privacy and security.; Prime south of the Boulevard location in Encino, within a highly rated school district.
    (818) 432-1524
    We can help!
    Listing Contact
    Dennis Chernov
    Dennis Chernov
    Real Estate License ID: 01850113
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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