Millman Team Real Estate

$16,200,000
86 Bed
84 Bath
65,269 Sqft
0.89 Acre Lot

5150 Yarmouth Avenue, Encino, California 91316

  • Residential Income Property Type
  • 65,269 Sqft Square Footage
  • Covered Cars Garage
  • 1964 Year Built
Property 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

Basic Details
Residential Income
For Sale
26851311
$16,200,000
86
84
65,269 Sqft
1964
0.89 Acre
Active
Features
: Central
: Central Air
: Covered, Community Structure
$0
Appliances
: Dishwasher, Disposal
Address Map
CA
Los Angeles
Encino
91316
Yarmouth
5150
Avenue
W119° 28' 48.8''
N34° 9' 51.7''
On Yarmouth Avenue, just north of Ventura Boulevard. West of White Oak Avenue.
ENC - Encino
LAR3
Additional Information
$0
$0
$0
$0
$0
65269
: Multi/Split
45
2026-06-23
3
Broker/Agent Information
Berkadia
Listing Information
CLW-C106463
CLW-X72854
Active
2026-06-24T22:23:32Z
CRMLS
: Standard
2026-06-23T00:00:00Z
Agent info
Ray Millman
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