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17340 Burbank Blvd
Encino, CA 91316
Multifamily Property For Sale
·
27 Units
Investment Highlights
- First time on the market in 50 years!
- Significant Value-Add Potential –Approximately 30% upside in achievable market rents
- Diverse & Desirable Unit Mix – Fourteen 1BR/1BA, Twelve 2BR/2BA, and One 3BR/2BA residences
- Premier Encino Location – convenient access to the 101 Freeway, providing strong connectivity across the San Fernando Valley and to Greater LA
- Walkable Access - to world-class dining, boutique shopping, and a variety of entertainment venues along Ventura Blvd
- Features central AC, private balconies, and a community pool. Gated and secured property with on-site laundry and gated rear parking.
Property Facts
| No. Units | 27 | Lot Size | 0.65 AC |
| Property Type | Multifamily | Building Size | 24,370 SF |
| Property Subtype | Apartment | Average Occupancy | 93% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1964 |
| Zoning | LAR3 - Restricted Density Multiple Dwelling | ||
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.65 AC |
| Building Size | 24,370 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built | 1964 |
| Zoning | LAR3 - Restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Range
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 12 | $2,021 | 850 - 1,000 |
| 1+1 | 14 | $1,736 | 650 |
| 3+2 | 1 | $2,380 | 1,400 |
Property Taxes
| Parcel Number | 2254-036-023 | Improvements Assessment | $871,852 |
| Land Assessment | $235,614 | Total Assessment | $1,107,466 |
Property Taxes
Parcel Number
2254-036-023
Land Assessment
$235,614
Improvements Assessment
$871,852
Total Assessment
$1,107,466
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