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Rare opportunity to own a vacant residential lot in a prime Encino, South of the Boulevard location. Nestled on an expansive hillside lot within the highly sought-after Lanai Road Elementary School area, this property offers excellent accessibility to both the Westside and the San Fernando Valley. The approximately 12,400 SF lot presents an opportunity for a builder, developer, investor, or future homeowner looking to create a custom residence in one of Encino's most desirable residential neighborhoods. Surrounded by beautiful homes and conveniently located near Ventura Boulevard, shopping, dining, and major transportation routes, the property combines a desirable hillside setting with convenient access to everything Encino and the greater Los Angeles area have to offer. Vacant land only. No architectural plans, soils reports, geological/geotechnical reports, surveys, engineering reports, permits, or development approvals are being provided by Seller. Buyer and Buyer's agents are advised to independently investigate and verify lot size, zoning, school boundaries, utilities, building and hillside requirements, development potential and feasibility, and all other matters affecting the property with the appropriate governmental agencies and licensed professionals.
Listing agent: Steve Hovakimyan DRE #01363908 Steve@CityCenterRG.com, Listing office: City Center Realty Group
MLS data updated 10/23/2026, 11:17:11 AM PT
Source: CRMLS, MLS #: BB26185563
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 24, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$799,000Original asking price · Aug 24, 2026ZIP 91436 · Aug 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.