SOUTH OF THE BOULEVARD OPPORTUNITY! First time on the market in over 50 years. This 3-bedroom, 4-bath home sits on an expansive 16,398 sq. ft. tiered lot with approximately 112 feet of frontage, offering exceptional potential for a builder, developer, or visionary buyer.
The approximately 2,945 sq. ft. home features a large pool, basketball hoop, and covered cabana. Mature fruit trees enhance the upper level, with potential for a north-south pickleball court, garden retreat, or recreation area. Reimagine the property as a luxury estate and explore the potential for a two-story ADU.
Prime Encino location south of Ventura Boulevard, close to Gelson's Market and the redevelopment of Encino Village at Ventura and Petit, creating a walkable future hub of restaurants and shops.
Large lot. 112-foot frontage. Pool. Prime Encino location. Exceptional potential.
Buyer to independently verify square footage, lot dimensions, zoning, development and ADU potential, and building requirements.
Under contract
Listed by: Sotheby's International Realty • Kenneth Melcombe • Contact: 818-349-3668
$1,950,000
4317 Petit Ave, Encino, CA 91436
4beds
2,945sqft
Single Family Residence
Built in 1952
0.38 Acres Lot
$1,966,900 Zestimate®
$662/sqft
$-- HOA
What's special
- 17 days
- 1,084
- 90
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kenneth Melcombe DRE #01115489 818-349-3668,
Sotheby's International Realty
Source: CRMLS,MLS#: SR26212343
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Rooms
- Room types: Office
Heating
- Central
Cooling
- Central Air, Zoned
Appliances
- Laundry: Laundry Room
Features
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,945 sqft
Property
Parking
- Total spaces: 2
- Parking features: Circular Driveway, Driveway
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Has private pool: Yes
- Pool features: Gunite, In Ground, Private
- Spa features: None
Lot
- Size: 0.38 Acres
- Features: Tear Down
Details
- Parcel number: 2291004013
- Zoning: LARE15
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & HOA
Community
- Features: Curbs
Location
- Region: Encino
Financial & listing details
- Price per square foot: $662/sqft
- Tax assessed value: $324,442
- Date on market: 10/5/2026
- Cumulative days on market: 17 days
- Listing terms: Cash,Cash to New Loan,Conventional
Estimated market value
$1,966,900
$1.87M - $2.07M
$9,192/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Contingent | $1,950,000$662/sqft |
Source:  CRMLS #SR26212343 Report a problem | ||
| 10/5/2026 | Listed for sale | $1,950,000$662/sqft |
Source: CRMLS #SR26212343 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $324,442 +2% |
| 2025 | $4,331 +4.3% | $318,082 +2% |
| 2024 | $4,152 +1.8% | $311,846 +2% |
| 2023 | $4,078 +4.1% | $305,732 +2% |
| 2022 | $3,919 +1.6% | $299,739 +2% |
| 2021 | $3,856 -0.8% | $293,863 +1% |
| 2020 | $3,886 | $290,850 +2% |
| 2019 | $3,886 +6.1% | $285,148 +2% |
| 2018 | $3,663 | $279,558 +2% |
| 2017 | $3,663 +2.2% | $274,077 +2% |
| 2016 | $3,585 +3.7% | $268,704 +1.5% |
| 2015 | $3,459 +0.7% | $264,669 +2% |
| 2014 | $3,433 | $259,486 +2.5% |
| 2012 | -- | $253,250 +2% |
| 2011 | -- | $248,285 +0.8% |
| 2010 | -- | $246,430 -0.2% |
| 2009 | -- | $247,017 +2% |
| 2008 | -- | $242,175 +2% |
| 2007 | -- | $237,427 +2% |
| 2006 | -- | $232,772 |
| 2005 | -- | $232,772 +4% |
| 2004 | -- | $223,735 +1.9% |
| 2003 | -- | $219,635 +2% |
| 2002 | -- | $215,329 +4% |
| 2000 | -- | $206,970 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Encino
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