Encino, CA

Sales Price: $16,000,000

Seller: Undisclosed

Buyer: Essex Property Trust

Units: 75

Price per Unit: $213,333

Price per Sq. Ft.: $175.59

Year Built: 1989

Lot Size Sq. Ft.: 1.33 AC

Gross Bldg. Sq. Ft.: 91,119

Financing: All Cash

Close of Escrow: December 2, 2009