This is an excellent opportunity to take over a Construction project that is roughly 95% percent completed. A small punch-list from the City is needed to get the electrical meter installed and final Certificate of Occupancy. The pool and driveway for the garage are not completed. The interior has excellent finishes and an amazing master suite with walk in closets. Entertain in the private back yard or the view decks on the second level. What a great way to wind down in the evenings or long weekends. Excellent location, this is an amazing opportunity for someone who has the skillset to finish off a project. Buyer will need to do a full due-diligence of the property and communicate with the LA Building Department and determine on their own what is needed to complete this unfinished project.
Sold for $1,600,000 on 05/02/25
$1,600,000
5151 Rubio Ave, Encino, CA 91436
4beds
2,850sqft
Single Family Residence
Built in 1949
8,252 Square Feet Lot
$2,124,200 Zestimate®
$561/sqft
$8,011 Estimated rent
Home value
$2,124,200
$1.87M - $2.40M
$8,011/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 06, 2025 at 11:59am
Source: CRMLS,MLS#: TR25027020
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 1
- Main level bedrooms: 1
Cooling
- See Remarks
Appliances
- Laundry: See Remarks
Features
- Bedroom on Main Level, Primary Suite
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,850 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Has private pool: Yes
- Pool features: In Ground, Private
- Has view: Yes
- View description: City Lights, Neighborhood
Lot
- Size: 8,252 sqft
- Features: Back Yard
Details
- Parcel number: 2259014020
- Zoning: LAR1
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Storm Drain(s)
Location
- Region: Encino
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2025 | Sold | $1,600,000-20.9%$561/sqft |
Source: Public Record | ||
| 1/3/2025 | Sold | $2,024,000+2.4%$710/sqft |
Source: Public Record | ||
| 5/21/2024 | Sold | $1,976,250-14.1%$693/sqft |
Source: Public Record | ||
| 2/8/2024 | Pending sale | $2,300,000$807/sqft |
Source:  CLAW #23-321133 | ||
| 1/13/2024 | Price change | $2,300,000-3.2%$807/sqft |
Source: CLAW #23-321133 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $24,258 -11.8% | $2,030,820 -11.1% |
| 2024 | $27,501 +43.2% | $2,285,000 +43.4% |
| 2023 | $19,199 +5% | $1,593,376 +54.8% |
Find assessor info on the county website
Neighborhood: Encino
Nearby schools
GreatSchools rating
- 6/10Encino Charter Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Gaspar De Portola Middle SchoolGrades: 6-8Distance: 2.7 mi
- 7/10Birmingham Community Charter High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$2,124,200
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
$2,124,200