17856 Cathedral Place

Property Overview

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.

Home Details

Property type: Residential - Single Family Residence
Year built: 1959
Living area: 2,219 sq ft
Lot size: 23,239 sq ft
Days on market: 1
Full bathrooms: 3
MLS status: Active
Architectural style: Traditional
Zoning: LARA

Features & Amenities

Appliances

Dishwasher
Refrigerator
Dryer
Washer

Pool

In Ground

Community, Schools & Utilities

Community

Fireplace: Yes
View: CityLights,Mountains,Valley

Utilities

Heating: Central
Cooling: CentralAir

Location & Neighborhood

Encino, CA 91316

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Frequently Asked Questions About 17856 Cathedral Place

Property type: Residential

The current asking price is $3,150,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 17856 Cathedral Place. Our team will confirm availability and timing.

This 4 bedrooms and 3 bathrooms property offers approximately 2,219 square feet of living space. It was built in 1959. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Encino, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Encino property.

The MLS currently reports the property as Active. It has been listed for 1 days. Status can change, so verify availability before relying on it.