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$2,050,000
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Property Description
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.
Full Property Details
Full Property Details for 4625 Petit Ave
General
- Sold For: $2,050,000
- Status: Closed
- Type: Single Family
- Source: CLAW
- MLS ID: 26831693
- Added to Site: 94 day(s) ago
Interior
- Rooms/Areas: Breakfast, Breakfast Area, Breakfast Bar, Dining Area, Dining Room, Den/Office, Den, Family Room, Formal Entry, Patio Open
- Furnishings: Unfurnished
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Family Room: 1
- Laundry: Inside
Additional Information
- Pool: Yes
- Pool Description: In-Ground
- Spa: Yes
- Spa Description: In-Ground
- Other Features: None
Parking
- Garage Description: Driveway
Location
- Area: Encino
- County: Los Angeles
- Driving Directions: South of Ventura Blvd on Petit
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Structural Information
- Architectural Style: Tear-Down
- Structure Type: Single Family Residence
- Common Walls: Detached/No Common Walls
- Stories/Levels: 0
- Square Feet: 3,561
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1962
- Year Built Source: Vendor Enhanced
Additional Structures
- Other Structures: None
Lot Features
- Property View: City, City Lights, Hills
- Lot Size (Acres): 0.8052
- Lot Size: 35075
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 119 x 300
- Zoning: LARE15
Financial Considerations
- Price Per Sq. Ft.: $659.93
- Assessment Year: 1962
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 2289-022-005
Listed and Sold by The Beverly Hills Estates, Scott Ammann
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Schools
Schools serving 4625 Petit Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Lanai Road Elementary School 4241 Lanai Rd., Los Angeles, CA 91436 | K-5 | 0.5 mi |
Gaspar De Portola Middle School 18720 Linnet St., Los Angeles, CA 91356 | 6-8 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4625 Petit Ave
Date
Details
Price
Change
Source
8/24/2026
Sold
$2,050,000
-12.77%
MLS
6/04/2026
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4625 Petit Ave, Encino, CA 91436 (MLS# 26831693) is a Single Family property that was sold at $2,050,000 on August 24, 2026. Want to learn more about 4625 Petit Ave? Do you have questions about finding other Single Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

