Asking Price: $16,200,000 | ​​​​​​​

*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