4938 RUBIO Avenue - Encino, California
ATTN ALL DEVELOPERS: HUGE DEVELOPMENT OPPORTUNITY. 1st time property has been available for over 40 years. Well known Producer's home and privacy compound. This private, gated estate is the perfect opportunity to develop with an ample lot size and the availability to adjoin the buildings on the property. Current TENANT is paying 10K a month. Two grand gates open up to a 50 yd long driveway up to 40 spots leading to the property that encompasses 2,800 square feet of living space with 3 bedrooms and 2 bathrooms. Secured with security systems and an intercom, this property allows for privacy and safety. In addition to the main house, there are 2 guest houses. The first is a 600 sq ft. pool house with 1 bedroom and 2 baths. The second is an 800 sq ft. studio divided into 2 separate rooms. A very large garage that can be altered.This is the perfect property for large families (the buildings can be adjoined), film companies and especially developers.
This listing courtesy of Douglas Elliman