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*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
Listing agent: DRE #01308753 adrienne.barr@berkadia.com, Listing office: Berkadia
MLS data updated 10/16/2026, 3:47:36 PM PT
Source: CRMLS, MLS #: 26851311
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 23, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$16,200,000Original asking price · Jun 23, 2026ZIP 91316 · Jun 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.