Developers and Visionaries — Rare Opportunity South of Ventura Blvd!
This 7,094 sq. ft. flat, buildable lot offers exceptional potential in one of the most desirable pockets south of the Boulevard. Approved parameters allow for a future 3,193 sq ft home with a detached garage (or a 2,993 sq ft home with a 400 sq. ft. attached garage), plus the ability to add a 1,250 sq ft ADU with no garage requirement. A prime canvas for a luxury residence, multi-generational living, or income-producing design.
Buyer to verify all information.
Sold for $1,225,000
Listed by: Michael Mellein • Michael Mellein • Contact: 310-901-2396
Bought with: Compass
$1,225,000
18048 Valley Vista Blvd, Encino, CA 91316
3beds
1,163sqft
Single Family Residence
Built in 1948
7,096 Square Feet Lot
$1,243,000 Zestimate®
$1,053/sqft
$4,030 Estimated rent
Home value
$1,243,000
$1.18M - $1.31M
$4,030/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Michael Mellein DRE #00930859 310-901-2396,
Michael Mellein
Bought with:
Lilach Basson, DRE #01704715
Compass
Daniel Sherazi, DRE #02106648
Compass
Source: CRMLS,MLS#: SB25278538
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Rooms
- Room types: Laundry
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s), Attic Fan
Appliances
- Included: Dishwasher, Disposal, Gas Range, Water Heater, Dryer, Washer
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Ceiling Fan(s)
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,163 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Accessibility
- Accessibility features: No Stairs
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 7,096 Square Feet
- Dimensions: 50' x 139' x 144' x 50'
- Features: Front Yard, Street Level, Yard
Details
- Parcel number: 2181028019
- Zoning: R1
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Raised
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs
Location
- Region: Encino
Financial & listing details
- Price per square foot: $1,053/sqft
- Tax assessed value: $80,833
- Annual tax amount: $1,229
- Date on market: 12/30/2025
- Cumulative days on market: 55 days
- Listing terms: Cash to New Loan
- Inclusions: Washer, Dryer, Refrigerator, Range
- Exclusions: Furniture, TV
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Sold | $1,225,000-4.3%$1,053/sqft |
Source:  CRMLS #SB25278538 Report a problem | ||
| 2/26/2026 | Pending sale | $1,280,000$1,101/sqft |
Source: CRMLS #SB25278538 Report a problem | ||
| 2/19/2026 | Price change | $1,280,000-2.3%$1,101/sqft |
Source: CRMLS #SB25278538 Report a problem | ||
| 12/30/2025 | Listed for sale | $1,310,000$1,126/sqft |
Source: CRMLS #SB25278538 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,229 +3.8% | $80,833 +2% |
| 2024 | $1,184 +1.6% | $79,249 +2% |
| 2023 | $1,165 +2.5% | $77,696 +2% |
| 2022 | $1,137 +1.7% | $76,173 +2% |
| 2021 | $1,118 -0.4% | $74,681 +1% |
| 2020 | $1,123 | $73,916 +2% |
| 2019 | $1,123 +12.6% | $72,467 +2% |
| 2018 | $997 | $71,047 +2% |
| 2017 | $997 +2.3% | $69,655 +2% |
| 2016 | $975 +5.3% | $68,290 +1.5% |
| 2015 | $926 +0% | $67,265 +2% |
| 2014 | $926 | $65,949 +2.5% |
| 2012 | -- | $64,366 +2% |
| 2011 | -- | $63,104 +0.8% |
| 2010 | -- | $62,633 -0.2% |
| 2009 | -- | $62,783 +2% |
| 2008 | -- | $61,553 +2% |
| 2007 | -- | $60,347 +2% |
| 2006 | -- | $59,165 |
| 2005 | -- | $59,165 +4% |
| 2004 | -- | $56,869 +1.9% |
| 2003 | -- | $55,828 +2% |
| 2002 | -- | $54,735 +4% |
| 2000 | -- | $52,612 |
Find assessor info on the county website
Neighborhood: Encino
Nearby homes
- $2,065,3004 bd5 ba3.9k sqft18044 Valley Vista Blvd, Encino, CA 91316Off Market
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Nearby schools
GreatSchools rating
- 8/10Nestle Avenue Charter SchoolGrades: K-5Distance: 0.4 mi
- 9/10Gaspar De Portola Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Reseda Senior High SchoolGrades: 6-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Nestle
- Middle: Portola
- High: Reseda
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,243,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,243,000
- California
- Los Angeles County
- Los Angeles
- 91316
- Encino
- 18048 Valley Vista Blvd
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