Encino, California multifamily real estate market overview and statistics

Encino

Encino is a prestigious, leafy, and upscale neighborhood in the southern San Fernando Valley, highly regarded by multifamily investors for its suburban charm, strong tenant demand, and long-term stability.

Roughly bounded by Victory Boulevard to the north, Mulholland Drive and the Santa Monica Mountains to the south, the I-405 Freeway to the east, and Lindley Avenue to the west, Encino is anchored by Ventura Boulevard, its vibrant main commercial corridor lined with upscale restaurants, boutique shops, and local services. The neighborhood borders Tarzana to the west, Sherman Oaks to the east, and offers convenient access to Brentwood over the hill.

For apartment building owners and investors, Encino provides a stable and resilient multifamily market. The combination of desirable location, quality tenant base, limited new supply, and strong demand supports consistent rental performance, solid occupancy rates, and attractive long-term appreciation in one of the San Fernando Valley’s most sought-after enclaves.

2025 Encino Multifamily Market Statistics at a Glance

Encino Annual Multifamily Apartment Building Sales Statistics*

Black and white image of a woman with short hair wearing a t-shirt, smiling.
Black icon of a shopping tag with a dollar sign.
A black and white drawing of a human heart with labeled parts.
Black silhouetted image of a person riding a bicycle.

Buildings Sold: 4

Avg. Sale Price: $15,033,875

Avg. Price/Unit: $308,387

Avg. Price/SF: $300

Get Your Free Property Valuation

Discover What Your Building Is Really Worth Today

Average Rent vs Vacancy Rate- Historical & Estimated

Encino California average vacancy rate and asking market rent for residential units
2025 Q3:  Encino, California Multifamily Average Rent: $2,356 Average Vacancy Rate: 3.2%

Average GRM and Cap Rate- Historical

Average GRM and cap rate of multifamily buildings sold between 2020 and 2025
2025: Encino, California multifamily apartments sold average GRM: 10.6, Cap Rate 5.5%

Number of Multifamily Buildings Sold- Historical

Historical total multifamily apartment building sales in Encino, California in the years 2020, 2021, 2022, 2023, 2024 and 2025
2025: Encino, California Multifamily Buildings Sold: 4

Average Price/Unit and Price/SF- Historical

Encino average price/unit and price/sf multifamily apartment properties sold between 2020 and 2025
2025:  Encino, California multifamily properties average Price/Unit Sold: $308,387 Price/SF Sold: $300

Historical and estimated market statistics for the Encino, California multifamily apartment building submarket. The graphs above show the average Price/Unit, Price/SF, GRM, Cap Rate, Average Asking Market Rent and Vacancy for Encino apartment buildings for the years 2020-2025. 
*All data has been obtained from CoStar. Jake Plewa, the Taksa Investment Group and ReMax Commercial cannot guarantee the accuracy of the data above. The graphs and statistics are for information purposes only. 

Los Angeles Apartment Brokerage Services

We are a full-service real estate brokerage specializing in Los Angeles apartment building sales and multifamily transactions. With a powerful nationwide network of lenders, brokers, and industry professionals, we deliver exceptional results for apartment building owners and investors both locally in Greater Los Angeles and across the United States.

  • Our experienced team delivers accurate apartment building valuations and multifamily property valuations throughout Encino and the San Fernando Valley. Using in-depth market analysis and recent comparable sales (comps), we help apartment owners determine true market value — ideal for inherited buildings, estate planning, or tax purposes.

  • Our experienced team specializes in representing sellers of Encino apartment buildings and multifamily properties. We provide unmatched buyer exposure through our nationwide network, strategic marketing on LoopNet, CoStar, CREXi, and MLS, and targeted campaigns that attract serious investors fast.

  • Our experienced team expertly guides investors through 1031 exchanges, helping you identify the ideal replacement property — particularly in sought-after NNN properties and triple net lease investments. We manage the full 1031 exchange process with confidence, supported by a proven track record and an extensive network of NNN experts.

  • Whether you're completing a 1031 exchange or seeking a passive investment, our nationwide network connects you with premium NNN properties, triple net lease investments, and high-quality single-tenant replacement properties. We help you find the right assets for steady cash flow and minimal management, backed by deep relationships across the U.S.