Lately the Valley has been a gold mine of newly-listed mid-century homes. Today's residence is in Encino, a 1958 WM Schloen Residence designed by architect William Bray. This four-bedroom, three-and-a-half bath features a remodeled kitchen (and they're obviously proud of the appliances, given the fetishistic photos), walnut and concrete floors, a swimming pool, a fountain, and wiring for surround sound and "a security system with a camera and monitor." There's a troublesome sales history of a few flips in the recent past. The house was sold in September 2003 for $1.135 million, then again in March 2004 for $1.475 million and again in February 2006 for $1.6 million. Today's asking price: $2,550,000 or $636 per square foot.
· Royal Oak Encino, CA 91436 [Redfin]