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4 Beds
4 Baths
2,945 sqft

$1,950,000

4317 Petit Avenue, Encino CA, 91436

Price per sqft$662.14
Built in1952
Property size2,945 sqft
Property typeResidential

Overview

Under contract

Active Under Contract

Listed Oct 5, 2026

Updated 23h ago

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.

$12,973/mo

Est. mortgage payment based on a $1,950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SR26212343

Interior Features

Bedrooms
4
Bathrooms
4
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.38 Acres

Other Property Details

Garage
Yes
Pool
Yes
55+/Senior Community
No

Also listed on MLSLISTINGS, CLAW and CRMLS

Listed by Kenneth Melcombe, Sotheby's International Realty, CA DRE 01115489

Listing Contact: 818-349-3668 

Based on information from the CRISNet MLS as of 10/15/2026, 8:38 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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