17340 Burbank Blvd
Encino, CA 91316
Property Details
Transaction Snapshot
This 27-unit apartment building in Encino, CA 91316 closed for $6,150,000 on October 31, 2025. The property contains 24,730 SF and was built in 1964.
Jason Matatiaho and Michael Monempour represented the seller through Lyon Stahl, according to the independent transaction record.
What the sale establishes
The reported consideration of $6,150,000 divided by 27 apartments equals $227,778 per unit. The closing date and consideration are reported in Traded, reviewed September 13, 2026.
Using this sale as a comparable
This is one completed transaction. Applying its price per unit to another building requires a review of lease income, unit mix, physical condition, and sale timing. Historical listing cap rates and rent multipliers are not independently verified operating results at closing.
See this sale in the documented transaction study, including the reporting period, sample size, and calculation method.
View transaction coverage on Traded
View the Encino multifamily market page for related listings and transactions.