Single-family home
Listing Agent: Scott Ammann (DRE #01295980) · Listing Office: The Beverly Hills Estates · Contact: 310-626-4248 · Bought with: Scott Ammann · The Beverly Hills Estates · MLS #26831693 · Source: CRMLS
4625 Petit Avenue sold for $2,050,000 in August 2026, 13% under its $2,350,000 list price, after 79 days on the market. That works out to $576 per square foot on 3,561 square feet. Across 97 closed sales in 91436 over the last 12 months, the median sold price is $2,500,000 and the median is $782 per square foot, 36% above this sale's $576. 4-bedroom rentals in 91436 currently list at a median of $16,000 a month (32 listings).
| Quarter | Closed sales in 91436 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $2,785,000 |
| Q2 2026 | 41 | $2,717,000 |
| Q3 2026 | 40 | $2,450,000 |
| Q4 2026 | 12 | $2,190,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Encino · Homes for sale in 91436
Rare opportunity to acquire an exceptional property in one of Encino's most sought-after neighborhoods. Situated on an expansive approximately 35,000 sq. ft. lot, including roughly 11,000 sq. ft. of flat land, this property offers tremendous potential for developers, investors, builders, or end-users looking to create a custom estate. The existing approximately 3,500 sq. ft. residence is a major fixer and may be best suited as a tear-down, providing the perfect canvas for a new luxury development. Surrounded by prestigious multi-million-dollar homes, the oversized parcel offers privacy, space, and endless possibilities. The generous flat area can accommodate a substantial custom residence with room for a pool, guest house, outdoor entertaining areas, and other resort-style amenities, subject to buyer investigation and applicable approvals. Ideally located near premier shopping, dining, entertainment, and easy access to the Westside, this is a rare chance to secure a large estate-sized lot in a prime Encino location. Whether restoring, reimagining, or building new, the possibilities are truly exceptional. Property is being sold in its present "as-is" condition. Buyer to independently verify all information, including square footage, lot size, zoning, permits, and development potential.
Listing description from the August 2026 sale, as reported to CRMLS.
Closed sales reported in 91436, nearest first, last 12 months. All recent sales in Encino →