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$6,503,000
New Listing

17340 Burbank Boulevard
Encino, CA 91316

For Sale|Residential Income|Active
39
Beds
39
Total Baths
24,730
SqFt
$263
/SqFt
1964
Built
County:
Los Angeles
Listed by Michael Monempour of Lyon Stahl Investment Real Estate, Inc. michael.monem@lyonstahl.com
Call Now: 951-501-1309
Is this the listing for you? We can help make it yours.
951-501-1309
17340 Burbank Boulevard17340 Burbank Boulevard17340 Burbank Boulevard17340 Burbank Boulevard
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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 the property's standing in one of the San Fernando Valley's most sought-after rental markets. This is a rare opportunity to acquire a legacy multifamily property in a thriving Encino location stable, well-maintained, and positioned for its next chapter of growth.

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Listing Snapshot
Price 
$6,503,000
Days On Site 
0 Days
Bedrooms 
39
Inside Area (SqFt) 
24,730 sqft
Total Baths 
39
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.652 Acres
Year Built 
1964
MLS® Number 
25579221
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
17 hours agoListing first seen on site
General Features
Acres 
0.652
Number Of Stories 
2
Parking 
Gated
Special Circumstances 
Standard
SqFt Total 
24730
Stories 
Two
Zoning 
LAR3
Interior Features
Cooling 
Central Air
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Community Features
MLS Area 
ENC - Encino


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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