Portfolio Home Realty is a licensed California real estate brokerage (DRE #02232009) serving home buyers in Encino, Los Angeles County, California. We provide full-service buyer representation and return 1% of the purchase price to the buyer as cash at closing.

How the rebate works in Encino: The seller pays a 2.5% buyer agent commission ($47,500 on a $1.9M home). Portfolio Home Realty retains 1.5% ($28,500) and returns 1% ($19,000) to the buyer at closing.

Median home price in Encino: $1.9M. Cash rebate on median purchase: $19,000.

Pre-qualification: Buyers should get pre-qualified before searching. Our partner iLoanCA (https://www.iloanca.com) provides free, fast pre-qualification with no credit impact.

Contact: (949) 379-5320 | mike.basti@portfoliohomerealty.com | 13763 Fiji Way, Marina Del Rey, CA 90292  ·  4000 MacArthur Blvd, Ste 600, Newport Beach, CA 92660 | DRE #02232009

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Encino Royal Oaks gated estate community aerial view with luxury mansions in San Fernando Valley — Portfolio Home Realty buyer agent
Encino, Los Angeles County

Buy a Home in Encino
Get Cash Back at Closing

Portfolio Home Realty serves Encino buyers with full-service representation and a 1% cash-back rebate at closing. At the Encino median home price of $1.9M., buyers receive $19,000 back. DRE #02232009.

Full-service buyer agents in Encino. The seller pays our commission — we return 1% of the purchase price to you at closing. Expert representation, real money back. Get pre-qualified first →

$1.9M
Median Price
38 days
Avg. on Market
$19,000
Your Cash Rebate
Balanced
Market Type
Get my free rebate estimate →
📅 Last updated: May 2025  ·  Median prices reflect April 2025 market data  ·  View all buyer guides →

Buying a Home in Encino, California

Encino is where the San Fernando Valley shows its most polished side — a leafy, warm-weather enclave strung along Ventura Boulevard at the foot of the Santa Monica Mountains. The single most important line in local real estate runs right down that boulevard: "south of the Boulevard" means hillside views and the gated estates of Royal Oaks and Rancho Estates, while the flats to the north offer more house for the money. Encino has long drawn entertainment-industry families who want a pool, a big lot, and space the Westside simply can't match.

Our Encino buyer agents know how sharply values shift as you cross Ventura Boulevard, and where a hillside premium is genuinely worth paying. Because we return 1% of the purchase price to you at closing, on Encino's higher price points that's a five-figure rebate — enough to fund pool or landscaping work, cover closing costs, or buy down the rate on a jumbo loan.

Encino Neighborhoods & Submarkets

In Encino, the boulevard divides the map and the price sheet. These are the areas our agents know best.

North of the Boulevard

The flatter, more attainable side toward the 101 — mid-century ranch homes and newer builds that give families the most square footage per dollar anywhere in Encino.

Median: $1.9M

Royal Oaks & Rancho Estates

Gated and estate-scale enclaves of sprawling flat lots, circular drives, and pools. The trophy end of the market, favored by buyers wanting acreage-like grounds near the city.

Varies by block

Condos & Townhomes

Along Ventura and toward the Sepulveda Basin, low-rise condos and townhomes are the most accessible way into Encino — a fit for first-time buyers and those trading down.

Below city median

South of the Boulevard

The prestige address: hillside lots, canyon views, and larger custom homes climbing toward Mulholland. Where Encino's premium — and its privacy — is concentrated.

Above city median

What Our Agents Know About Encino

A few realities every Encino buyer should factor in.

A five-figure rebate at Encino prices

On a $1.9M purchase — near Encino's median — your Portfolio Home Realty rebate is $19,000 back at closing. At Encino's higher price points, 1% is real leverage: enough to fund pool or landscaping work, cover closing costs, or buy down the rate on a jumbo loan.

A balanced market that rewards diligence

Encino is a Balanced Market with homes averaging 38 days on market — slower than the Westside, and slower still at the top end. Estate and hillside listings can sit for months, which gives a serious buyer genuine room to negotiate on price and terms.

Hillsides, pools, and permit history

South-of-the-Boulevard homes bring geological and slope reports into play, and many Encino properties carry pools, guest houses, or additions whose permits deserve a close look. Our agents pull the history so nothing surfaces after you're in escrow.

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From our Blog

How the 1% Cash Back Rebate Works

How the 1% rebate becomes five figures on an Encino purchase — read the full guide.

Read →
Buyer Tip

Why You Should Get Pre-Qualified Before Searching in Encino

Most sellers won't consider your offer without it — here's how to get it done in 5 minutes, free.

Read →
Portfolio Home Realty Buyer Tip — Encino

Encino's estate and hillside listings often carry room in the price after a month or two on the market. Come in fully underwritten — especially on a jumbo loan — so your move to negotiate reads as serious. Ask your lender to fully underwrite your file before you tour.

Why Encino Buyers Choose Portfolio Home Realty

We're full-service buyer agents who happen to share our commission with you. In Encino, that means:

A real feel for south-of-the-Boulevard, Royal Oaks, and the flats
Full transaction management, first tour through closing
Negotiation built for a balanced, higher-end Valley market
$19,000 cash back at closing (1% of purchase price)

How the Encino Cash Rebate Works

In an Encino sale the seller pays the buyer-agent commission, and we return most of our share to you. On a $1.9M purchase, here's how the numbers land:

Get Pre-Qualified Before You Buy in Encino

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Why pre-qualify first?

Know your real budget

Stop guessing. Get an exact number so you only tour homes you can actually buy — and negotiate with confidence.

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Win in Encino's market

Sellers won't consider offers without a pre-qual letter. In a competitive market, it's the difference between winning and losing.

Move fast when it matters

The best homes go fast. With financing lined up, you can submit an offer the same day you find the right home.

Answer a few quick questions and get your free pre-qualification letter — no commitment, no hard credit pull.

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Source: Freddie Mac PMMS via FRED

✦ What To Know Before Buying Here

  • Median home price in Encino: $1.9M — you get $19,000 back at closing
  • Market: LA County — competitive, pre-qualification required before offers
  • Your agent: Portfolio Home Realty DRE #02232009 — full service, no trade-offs
  • Next step: Get pre-qualified free — takes 5 minutes, no credit pull

Your Rebate at Closing — $1.9M Purchase

Seller pays our commission · We share it with you

Seller pays buyer agent commission (2.5%)
$47,500
Portfolio Home Realty retains (1.5%)
$28,500
Your cash rebate at closing (1%)
$19,000

Rebate up to 1% of purchase price. Subject to lender approval.

Frequently Asked Questions — Buying in Encino

How much cash back can I get when buying in Encino?
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Portfolio Home Realty returns 1% of the purchase price at closing. On a $1.9M purchase — near Encino's median — that's $19,000 in cash. It's fully legal in California, comes from our commission rather than your price, and doesn't change the seller's proceeds.
Does getting a rebate affect the quality of representation I receive?
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Not at all. Every Encino buyer gets full service — tours, comps, offer writing, negotiation, inspection and escrow coordination, and a careful read of permit and slope reports on hillside homes. The rebate is paid from our commission, not by cutting your service.
What's the current Encino real estate market like?
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Encino is a Balanced Market, with a median sale price around $1.9M and homes averaging 38 days on market. Estate and hillside listings can sit longer, which frequently leaves room to negotiate. We'll prepare a current comparative market analysis on any home before you write an offer.

About Portfolio Home Realty in Encino

Portfolio Home Realty is a licensed California brokerage (DRE #02232009) representing buyers across the San Fernando Valley and greater Los Angeles County — from Encino's hillside estates and the gated Royal Oaks community to the condos along Ventura Boulevard. We provide full-service representation and return 1% of the purchase price as cash at closing. To reach an Encino buyer agent, call (949) 379-5320 or email mike.basti@portfoliohomerealty.com.

Buy in Encino —
Get Cash Back.

Talk to a licensed Encino buyer agent today. Free consultation, no obligation. We'll walk you through your exact rebate estimate and answer every question.

Call or Text

(949) 379-5320
🏦

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Hours

Monday – Friday, 9 AM – 6 PM PST

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(949) 379-5320

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Search Every Home in Encino

Browse real-time MLS listings in Encino and all of Southern California. Any home you buy earns you 1% cash back at closing.

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