4875 Louise Ave, Encino, CA 91316

7 beds8 baths8,522 sqft Edit

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Sold: $5,770,000
Sold on 06/25/15
Zestimate®: $5,475,464
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My Notes

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The Al Jolson Estate. Exceptional property situated on over 2 acres of flat park-like grounds complete with apx. 8,500 sq.ft. main house, detached full guesthouse, resort-style pool, and various patios and amazing outdoor areas allowing great space for grand entertaining. Private, walled and gated, a long driveway leads through impeccable landscaping and beautifully manicured lawns to the spacious motorcourt. Originally built in 1935, this home has been fabulously restored and offers a wonderful combination of Old Hollywood charm and modern luxuries. Formal entry to large living room with fireplace, family room with bar, formal dining room, gorgeous lanai, and fantastic gourmet kitchen with adjoining butler's pantry and breakfast area. The entire second floor houses the opulent master suite, which features a sitting room, dual over-sized custom closets, and dual spa-like baths. Additional features include an office, screening room with bar, gym, and wine cellar. Truly a spectacular property.  More Less 

Facts

  • Lot: 2.17 acres
  • Single Family
  • Built in 1935
  • Views: 15,118 all time views
  • Cooling: Central
  • Heating: Other
  • Last sold: Jun 2015 for $5,770,000
  • Last sale price/sqft: $677

Features

  • Fireplace
  • Flooring: Carpet, Hardwood, Tile
  • Parking: Carport, Garage - Detached
  • Pool

    Additional Features

    • Listing Status: Active
    • Lot Size Source: Public Records
    • Square Footage Source: Public Records
    • System Locale: CARETS
    • Rooms: Entry
    • Possession: CloseOfEscrow
    • View: No View
    • Common Walls: No Common Walls
    • Cooking Appliances: Built-Ins
    • Spa Descriptions: None
    • Rooms: LivingRoom
    • Listing Terms: Cash
    • Driveway
    • Building Structure Style: Traditional
    • CARETS Listing Status: Back Up Offer
    • Rooms: Guest-Maids Quarters
    • Eating Areas: Dining Area
    • Heating Type: Central Furnace
    • Sewer: In Street (N)
    • Legal Disclosures: CommissionToBuyerAgent (N)
    • Legal Disclosures: Take Property As Is (N)
    • Floor Material: Mixed (N)
    • Pantry
    • Rooms: Wine Cellar
    • Floor Material: Marble
    • Buyer Financing: Cash
    • Rooms: Formal Entry
    • ListingAgreement: Lease
    • Rooms: Master Bedroom
    • SpecialConditions: Standard Sale
    • Eating Areas: Breakfast Area

    Appliances Included

    • Dishwasher
    • Dryer
    • Freezer
    • Garbage disposal
    • Microwave
    • Range / Oven
    • Refrigerator
    • Washer

    Room Types

    • Dining room
    • Family room
    • Laundry room
    • Office
    • Walk-in closet

    Construction

    • Roof type: Other
    • Stories: 2
    • Structure type: Other
    • Unit count: 1

    Other

    • Floor size: 8,522 sqft
    • Last remodel year: 1950
    • Laundry: In Unit
    • Parcel #: 2290002016
    • Zillow Home ID: 66663343

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $5,475,464
    -$33,411 Last 30 days
    $3.61M
    $6.52M
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $26,924/mo
    -$936 Last 30 days
    $14K
    $54K
    Zestimate range

    Improve This Home's Value

    The right home project can make a significant impact to your home value! Compare average project costs in your area with estimated increases to your home value.

    The return values below are estimates based on the region, home facts, and past sales data. Your situation may vary based on current finish level of the room, changing style trends, depreciation, and how much of the project budget is invested in structural changes vs. functional/cosmetic improvements.

    Mid-Range Minor Kitchen Remodel

    • Mid-Range Minor Kitchen Remodel

    • + 40.3K VALUE
    • Project cost: $22,955
    • See kitchen ideas

    Mid-Range Bathroom Remodel

    Upscale Bathroom Remodel

    Popularity on Zillow

    15,118 all-time views
    of this home (chart)

    Comparable Homes

    Homes like this sold for $4.13-4.74M.

    $3.63M
    $5.24M

    Mortgages

    Neighborhood: Encino

    Zillow predicts Encino home values will rise 6.4% next year, compared to a 7% rise for Los Angeles as a whole. Among Encino homes, this home is valued 649% more than the midpoint (median) home, and is valued 62.4% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Encino, the number of foreclosures waiting to be sold is 52.9% less than in Los Angeles, and 68.6% lower than the national average. This lower local number could help Encino home values rise more quickly than other regions in Los Angeles.
      read more Less 

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      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org