CA > Encino
Encino, CA 91316,17340 Burbank Blvd
Encino, CA 91316,17340 Burbank Blvd
Encino, CA 91316,17340 Burbank Blvd
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$6,503,000
Est. payment /mo
39 Beds
39 Baths
24,730 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 24,730 sqft

Price per Sqft $262

MLS Listing ID 25579221

Bedrooms 39

Year Built 1964

Lot Size 0.652 Acres

Acres 0.652

Property Sub-Type Multi-Family

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 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.

Location

State CA

County Los Angeles

Area Encino

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating None

Cooling Central

Equipment None

Exterior

Parking Features Above Street Level, Gated

Building

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

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Kirshner Elkin Properties

+1(424) 214-0133

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