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86-Bedroom Residential Income - 5150 Yarmouth Avenue, Encino, CA

$16,200,000

5150 Yarmouth Avenue, Encino, CA

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Description

*Prime Encino location, minutes to shopping and dining on Ventura Boulevard *High-quality 45-unit apartment community with NO LA city rent control (only state restrictions) *Large one-, two-, and three-bedroom units averaging over 1,300 square feet *Highly amenitized property with large swimming pool, fitness center, two community lounges, central A/C, intercom access, secured parking, elevator, and laundry *Value-Add: Approximately $300 per unit monthly in rental upside *"Very Walkable" Location Off Ventura Boulevard (80 Walk Score): Walk to Ralphs, Starbucks, Petco, BevMo!, Coral Tree Caf, and Encino Courtyard: Target, Shake Shack, Pressed Juicery, Blaze Pizza and Crumbl Cookies *Easy Access to Transportation: Minutes to the 101 and 405 Freeways *Rents shown are averages for only one unit type. See full rent roll in property document center * See Agent Remarks for showing and website

Property details

Bedrooms
86
Bathrooms
84
Square feet
65,269
Year built
1964
Property type
Residential Income
Lot size
38,730 sqft

Location

5150 Yarmouth Avenue • Encino, CA 91316

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Listed by

Adrienne Barr · Berkadia

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