CA > Encino (los Angeles)
Encino (los Angeles), CA 91316,17340 Burbank Boulevard
Encino (los Angeles), CA 91316,17340 Burbank Boulevard
Encino (los Angeles), CA 91316,17340 Burbank Boulevard
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Danielle Broad

Danielle Broad

+1(925) 383-9200
$6,503,000
Est. payment /mo
24,730 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 24,730 sqft

Price per Sqft $262

MLS Listing ID CL25579221

HOA Y/N No

Year Built 1964

Lot Size 0.652 Acres

Acres 0.65

Property Sub-Type Other

Property Description

17340 Burbank Blvd presents an exceptional multifamily investment opportunity in the heart of Encino, adjacent to the highly desirable neighborhoods of Sherman Oaks, Tarzana, and Van Nuys. Offered for the first time in over 50 years, this property combines a premier location with significant upside potential. The property consists of 24,370 square feet of improvements situated on an expansive 28,394 square-foot lot, offering strong curb appeal and potential for future development or amenity enhancements. The community features a diverse and desirable unit mix of Fourteen 1BR/1BA, Twelve 2BR/2BA, and One 3BR/2BA residences appealing to a wide range of renters. Each residence is equipped with central air conditioning, and many include private balconies. Tenants enjoy a sparkling community pool and the security and convenience of gated parking, enhancing comfort, lifestyle, and retention. Separately metered gas and electric further maximize operational efficiency for ownership. With approximately 30% upside in achievable market rents, this asset offers a compelling value-add opportunity for investors seeking both immediate income growth and long-term appreciation. Residents benefit from walkable access to fine dining, boutique shopping, and abundant entertainment options solidifying

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating None

Cooling Central Air

Fireplace No

Building

New Construction No

Others

Tax ID 2254036023

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Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Michael Monempour • Lyon Stahl Investment Real Estate, Inc.
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+1(925) 383-9200

smiles4dee@gmail.com

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