What is the latest status of the project “Encino Office Building Affordable Housing Conversion”?

The status recorded for “Encino Office Building Affordable Housing Conversion” is awarded.

What is the budget and commercial profile for the project “Encino Office Building Affordable Housing Conversion”?

Taiyo normalizes the budget of “Encino Office Building Affordable Housing Conversion” to USD 20640000.

Where can I verify the source and access all details for “Encino Office Building Affordable Housing Conversion”?

This Taiyo project page references Los Angeles Times along with the original URL (https://www.latimes.com/b2b/commercial-real-estate/story/2025-08-04/encino-office-building-sold-residential-conversion). Taiyo standardizes official data into a consistent, searchable project profile.

Encino Office Building Affordable Housing Conversion

Sector: Residential • Location: Encino, California, United States

Source: Los Angeles Times

Project

Awarded

A 75,000-square-foot office building in Encino was acquired by a venture including Elysian Housing and Capstone Equities for $20.64 million. The project plans to convert the office building into an affordable housing community. The building is located at 5435-5445 Balboa Blvd., near the main thoroughfare of the San Fernando Valley and close to parks, retail, restaurants, and schools.

Status: Closed
Sector: Residential, Commercial
Location: Encino, California, United States of America
Updated: 22 Jul 2026
Source: Los Angeles Times

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Project Information

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The project “Encino Office Building Affordable Housing Conversion” is an infrastructure initiative in the Residential sector, located in Encino, California, United States. Taiyo aggregates data on it from Los Angeles Times.

Participants

Not available for this record.

Status

Original status	awarded
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	A 75,000-square-foot office building in Encino was acquired by a venture including Elysian Housing and Capstone Equities for $20.64 million. The project plans to convert the office building into an affordable housing community. The building is located at 5435-5445 Balboa Blvd., near the main thoroughfare of the San Fernando Valley and close to parks, retail, restaurants, and schools.
Original sector	Commercial Real Estate
Budget

Location

Country	United States of America (USA)
State	California
City	Encino

Source

Source	Los Angeles Times
URL

More Details

Record type	Project
Sector	Residential, Commercial
Article published date	2025-09-16

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Encino Office Building Affordable Housing Conversion

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