George Ouzounian and Tatiana Batmanian of The Agency Close a $12 Million New Estate in Encino's Royal Oaks
The Agency team closed 4543 Densmore Avenue, a gated new-build compound by architect Eran Gispan with interiors by Sophea Design, for $12,000,000 on September 30, 2026.
George Ouzounian and Tatiana Batmanian of The Agency have closed 4543 Densmore Avenue in Encino for $12,000,000. The sale was recorded as closed on September 30, 2026, with the pair representing the seller of one of the most complete new estates to reach the Royal Oaks enclave this year.
The house was designed by architect Eran Gispan, with bespoke interiors by Sophea Design. A gated circular motor court, laid in pavers and anchored by two mature olive trees, sets up the arrival. Inside, two-story ceilings, hand-applied plaster walls and wide-plank white oak floors run through an open, light-filled plan.
The kitchen is built around a double island wrapped in Calacatta Viola marble, with custom white oak cabinetry, Miele appliances and a separate prep kitchen with a walk-in pantry. A limestone serving bar sits off the dining area, and the family room is framed by sculptural travertine.
The main residence holds six en-suite bedrooms plus an office, a movie theater, a gym, a lounge and a game room. The primary suite has its own balcony and a bath wrapped in leathered Taj Mahal stone, with a skylit shower.
Outside, the roughly half-acre grounds were planned as a private resort: an oversized pool and spa, a sunken fire pit, a basketball court, a putting green, a lawn and a full outdoor kitchen. A detached one-bedroom guest house adds room for family or a studio. A four-car garage and a Control4 system covering lighting, climate, audio and security round out the package.
The estate sits minutes from the restaurants and shops of Ventura Boulevard and within the Lanai Road school district. In all, the property counts seven bedrooms, ten baths and 12,061 square feet.
For Ouzounian and Batmanian, the close is a standout Valley result at the $12 million level. It shows what a fully finished, design-led new build can achieve in one of Encino's most established neighborhoods.
Closed sale. $2M+ in live markets only. Listing agents named as published. Sources: The Agency listing · Redfin · Agency journal Fresh Foundations. Photos: Courtesy The Agency / Cristian Cruzio (Cruzio Studios) and Todd Goodman (LA Light). Luxury Price Drops is not a brokerage.