$3,150,000
 $16,910 est/mo Sourced by Back At You

17856 Cathedral Place,Encino, CA 91316

Encino, CA 91316

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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.

Details

MLS #26101869
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1959
Days On Site19
Listing Provided ByMoses Commercial, Inc | Shane Moses

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet2,219
Story(s)1
ZoningLARA
Acreage0.53
Property ViewYes

Interior

CoolingCentral Air
HeatingCentral
Heating Yes / NoYes
Cooling Yes / NoYes
FurnishedUnfurnished
AppliancesDishwasher, Refrigerator, Dryer, Washer
Fireplace Yes / NoYes

Parking

Attached Garage Yes / NoYes

Area Information

StateCA
CountyLos Angeles
CityEncino
Zip Code91316
AreaENC Encino
Listing VS Median (in 91316)
Price:
$3,150,000
low | high
Med:
$584,000
100% of Average
sqft:
2,219
low | high
Med:
1,399
86.976115367283% of Average
$ / sqft:
$1,420
low | high
Med:
$443
100% of Average
On site:
19
low | high
Med:
30.5
62.295081967213% of Average
Sourced by Back At You

Market Activity 91316

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Additional Information

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Contact

Learn More About This Property

Bruce Hatrak

Bruce Hatrak

Desert Lifestyle Properties

02054055 (760) 516-1741bmhatrak@gmail.com
StateCA
CountyLos Angeles
CityEncino
Zip Code91316
AreaENC Encino
Listing VS Median (in 91316)
Price:
$3,150,000
low | high
Med:
$584,000
100% of Average
sqft:
2,219
low | high
Med:
1,399
86.976115367283% of Average
$ / sqft:
$1,420
low | high
Med:
$443
100% of Average
On site:
19
low | high
Med:
30.5
62.295081967213% of Average
Sourced by Back At You
Listing Updated: October 14, 2026 at 9:53:17 AM PDT