5001 Petit Ave
Encino, CA, 91436
$1,695,000
MLS: SR26008056
Beds
2
Baths
2
Sq Ft
1,140
Lot
0.18 ac
Year Built
1949
MLS #
SR26008056
Days on Market
64
Listed
Jan 15, 2026
Description
Welcome to 5001 Petit Avenue, a beautifully refreshed turnkey home in the heart of Encino, filled with abundant natural sunlight and offering comfort, location, and exceptional future potential. This residence features 2 bedrooms, 1.5 bathrooms, plus a versatile third room that can be used as an additional bedroom, home office, den, or creative space. The home is move-in ready and thoughtfully updated with natural wood flooring, fresh interior paint, and a bright, airy feel throughout. Large windows invite natural light into the living spaces, creating a warm and welcoming atmosphere. The inviting kitchen offers excellent functionality and flow, ideal for everyday living and entertaining. Set on a large, flat, and highly usable lot, the property offers outstanding expansion and development potential, including the possibility for an ADU, guest house, or additional living space (buyer to verify). The generous lot layout provides flexibility for future growth, enhanced outdoor living, or income-producing opportunities, while still maintaining privacy and usability. The property also features ample on-site and off-street parking, a valuable asset in this desirable Encino neighborhood. Enjoy a quiet residential setting just minutes from Ventura Boulevard, with convenient access to dining, shopping, parks, and major commuter routes. Clean, updated, and well-presented, this Encino home offers the ideal blend of turnkey living today and long-term upside tomorrow.
Location
Encino, Los Angeles County, CA 91436
Open on Google Maps ↗Listed by: Horacio Godina · Park Avenue Realty
Payment estimate
$12,074
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $169,500 · Loan: $1,525,500
- Principal & Interest
- $9,373
- Property tax (1.25%)
- $1,766
- Homeowners insurance
- $300
- Mortgage insurance
- $636
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Encino home with as little as 3.5% down using an FHA loan — roughly $59,325 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Encino, CA 91436 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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