4317 Petit Avenue
Encino, CA 91436
Listing broker / agent: Sotheby's International Realty · Kenneth Melcombe · 818-349-3668 · CRMLS
MLS # SR26212343 · Last checked Oct 22, 2026 06:41 UTC
About this property
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.
Property details
- MLS number
- SR26212343
- Status
- Active Under Contract (Backup)
- Type
- Residential
- Subtype
- Single Family Residence
- Beds / baths
- 4 Beds • 4 Baths
- Living area
- 2,945 Sq Ft
- Lot size
- 0.3772 acres
- County
- Los Angeles
- Year built
- 1952
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 10
Building
- Year built
- 1952
- Year built source
- Public Records
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Entry level
- 1
- Living area source
- Assessor
Bathrooms
- Full bathrooms
- 2
- Half bathrooms
- 1
- Three-quarter bathrooms
- 1
Rooms & interior
- Main-level bedrooms
- 3
- Main-level bathrooms
- 3
- Rooms
- Office
- Heating
- Central
- Cooling
- Central Air, Zoned
- Fireplace
- Living Room
- Laundry
- Laundry Room
Exterior & parking
- Total parking spaces
- 2
- Garage spaces
- 2
- Parking
- Circular Driveway, Driveway
- Attached garage
- No
- Pool
- Gunite, In Ground, Private
- Spa
- None
- Lot features
- Tear Down
- Lot size source
- Assessor
- Property outlook
- None
Utilities & community
- Water
- Public
- Sewer
- Unknown
- Community features
- Curbs
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Schools reported in the listing
- High school district
- Los Angeles Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Lanai Road Elementary (school website, opens in a new tab) Los Angeles Unified · Encino | K–5 | 0.2 mi |
| Encino Charter Elementary (school website, opens in a new tab) Los Angeles Unified · Encino | K–5 | 0.9 mi |
| Hesby Oaks Leadership Academy (school website, opens in a new tab) Los Angeles Unified · Encino | K–8 | 1.5 mi |
| Academy for Enriched Sciences (school website, opens in a new tab) Los Angeles Unified · Encino | K–5 | 2.1 mi |
| Nestle Avenue Charter (school website, opens in a new tab) Los Angeles Unified · Tarzana | K–5 | 2.1 mi |
| Sherman Oaks Elementary Charter (school website, opens in a new tab) Los Angeles Unified · Sherman Oaks | K–5 | 2.3 mi |
| Emelita Street Elementary (school website, opens in a new tab) Los Angeles Unified · Encino | K–5 | 2.4 mi |
| Kester Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Van Nuys | K–5 | 2.5 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,950,000
- MLS-reported original asking price
- $1,950,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 5, 2026 04:37 | $1,950,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Encino
Active residential homes for sale in Encino, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
32 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-22 07:21 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗