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Belmont Brokerage serves all of Greater Los Angeles including Beverly Hills, Glendale, Burbank, Pasadena, DTLA, North Hollywood, Studio City, Sherman Oaks, Encino, Woodland Hills, Eagle Rock, Silverlake, Los Feliz, Atwater Village, Highland Park, La Crescenta, Tujunga, and Sun Valley. We specialize in both luxury residential and commercial real estate across these markets.

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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

Does Belmont Brokerage handle commercial real estate?

Yes. Belmont Brokerage handles commercial real estate transactions including office spaces, retail locations, multi-family investments, and mixed-use developments throughout Los Angeles County. Our commercial division provides investment analysis, lease negotiations, and 1031 exchange guidance.

What technology does Belmont Brokerage use for market analysis?

Belmont Brokerage combines California MLS data with internal valuation and offer-strategy workflows, plus compliance-aware document tooling. Agents get data-driven pricing context grounded in active listings and recent market activity.

Is Belmont Brokerage a licensed California real estate brokerage?

Yes. Belmont Brokerage Inc. operates under California Department of Real Estate (DRE) license #02431308. Listings shown from the MLS follow participating board rules, including attribution and IDX display requirements.

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16762 Otsego Street — Encino — 4 Beds • 5 Baths • 3,202 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+67 more

$2,100,000

16 DOM

$656/sqft4 bd5 ba3,202 sqft

Call

16762 Otsego St Encino, CA 91436

8,252sqft lot

Beautifully remodeled Encino property located north of the Boulevard in a highly desirable pocket surrounded by multi-million-dollar homes. Situated on an 8,252 SF lot, this turnkey residence offers approximately 3,202 SF of total living space, including a 4-bedroom, 3-bath main house and two detached studio ADUs. The main home features an open floor plan with a traditional layout, highlighted by hardwood flooring, a gourmet chef’s kitchen with stainless steel appliances, wine cooler, custom cabinetry, stylish backsplash, and a peninsula island. Bathrooms have been tastefully updated, including a stunning primary suite with a spacious walk-in closet, dual vanities, soaking tub, and an oversized custom shower. The backyard is private and ideal for entertaining, featuring a resurfaced pool and spa, grassy area, and multiple spaces to relax or host. The property includes two detached studio ADUs, each with private entrances, kitchenettes, and remodeled full bathrooms, offering excellent income potential or flexibility for guests or extended family. Ample driveway parking for 4+ vehicles. Located in a prime Encino neighborhood known for its walkability and proximity to shopping and dining, this is a rare opportunity to own a versatile, move-in ready property in a premier location.

MLS SR26066328

818-763-4462 (Office) 818-763-4462 (Cell) Simon@MillsRealty.com

Est. payment

$13,420/mo

Principal & interestTaxesInsurance

$10,619$2,188$613

Down %

Rate %

Years

Down payment: $420,000 · Total cost: $4,242,747

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$13,420/mo

Principal & interest: $10,619
Est. property tax: $2,188
Est. insurance: $613
Down payment: $420,000

Est. gross rent$8,750/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-4,670/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.