17856 Cathedral PL, Encino, CA 91316
17856 Cathedral PL, Encino, CA 91316
17856 Cathedral PL, Encino, CA 91316
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,150,000
Est. payment /mo
4 Beds
3 Baths
2,219 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,219 sqft

Price per Sqft $1,419

MLS Listing ID 26101869

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1959

Lot Size 0.533 Acres

Property Sub-Type Single Family Residence

Property Description

Exceptional opportunity to acquire a beautifully renovated Encino estate offering the rare combination of luxury residential real estate and long-term, income-producing investment security. Privately situated on an expansive 23,239 SF lot at the end of a quiet cul-de-sac, this 4-bedroom, 3-bathroom residence encompasses approximately 2,219 SF and features a sparkling swimming pool, solar, two-car garage, and scenic city and mountain views. The property will be secured by a new 15-year NNN lease at closing, providing $21,000 in monthly rental income with 2% annual rent increases and two additional 5-year renewal options. The tenant is responsible for property taxes, insurance, and routine maintenance, with landlord obligations limited to roof and structure. This attractive lease structure provides investors with predictable, growing income and reduced day-to-day management responsibilities. PORTFOLIO SALE ONLY: Offered exclusively as part of a three-property, 24-licensed-bed Southern California real estate portfolio with a combined asking price of $10,125,000 and $810,000 in Year-1 NOI. Additional properties include 3914 Braewood Court, Tarzana, CA 91356, and 17514 & 17516 Raymer Street, Northridge, CA 91325. Contact listing brokers for the Offering Memorandum and additional details.

Location

State CA

County Los Angeles

Area Enc - Encino

Zoning LARA

Interior

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type Living Room

Furnishings Unfurnished

Fireplace Yes

Appliance Dishwasher, Refrigerator, Dryer, Washer

Exterior

Pool In Ground

View Y/N Yes

View City Lights, Mountain(s), Valley

Building

Entry Level One

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2184029018

Special Listing Condition Standard

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Listed by Shane Moses Moses Commercial, Inc #02007841

NEARBY SCHOOL & BUSINESS

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