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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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17856 Cathedral Place Encino, CA 91316
$3,150,000 4 beds, 3 baths
2, 219 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 26101869
List price is $3,150,000
Beds: 4
Baths: 3 (3 full)
Living Room fireplaces
Built in 1959
2,219 sqft
1 story
0.53 acres
Lot size: 0.5335
County: Los Angeles
Property style: Traditional
Zoning: LARA
Appliances: Dishwasher,Refrigerator,Dryer,Washer
Heating/cooling: Central Air
Heating description: Central
MLS area: ENC - Encino
Furnished: Unfurnished

Last Updated: 10/21/2026

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This listing belongs to the ENC - Encino MLS area

The style of this listing is Traditional.
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Lat/Long: 34.149014, -118.522683.
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Listing Agent: Shane Moses
Lic#: 02007841
Broker: Courtesy of Moses Commercial, Inc

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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