20 Units / 5.92% Cap | 7323 Independence Ave
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20 Units / 5.92% Cap 7323 Independence Ave
20 Unit Block of Flats £3,629,400 (£181,470/Unit) 5.92% Net Initial Yield Canoga Park, CA 91303
Executive Summary
20 Unit Apartment building in Canoga Park. Two Story building. Onsite laundry is owned by Owner (Not leased). Tremendous upside in rents. 20 Parking spots in back of property. Call broker for 50 unit portfolio
Property Facts
Price | £3,629,400 | Building Class | C |
Price Per Unit | £181,470 | Lot Size | 0.52 AC |
Sale Type | Investment | Building Size | 17,666 SF |
Net Initial Yield | 5.92% | Average Occupancy | 100% |
No. Units | 20 | Number of Floors | 2 |
Property Type | Residential | Year Built | 1959 |
Property Subtype | Apartment | Parking Ratio | 1.24/1,000 SF |
Apartment Style | Low Rise |
Price | £3,629,400 |
Price Per Unit | £181,470 |
Sale Type | Investment |
Net Initial Yield | 5.92% |
No. Units | 20 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.52 AC |
Building Size | 17,666 SF |
Average Occupancy | 100% |
Number of Floors | 2 |
Year Built | 1959 |
Parking Ratio | 1.24/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Gated
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
1+1 | 17 | - | 600 |
2+2 | 3 | - | 750 |
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Walk Score ®
Very Walkable (83)
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
Parcel Number | 2112-020-012 | Improvements Assessment | £1,568,491 |
Land Assessment | £1,042,557 | Total Assessment | £2,611,048 |
PROPERTY TAXES
Parcel Number
2112-020-012
Land Assessment
£1,042,557
Improvements Assessment
£1,568,491
Total Assessment
£2,611,048
zoning
Zoning Code | R3-1, Los Angeles (Residential) |
R3-1, Los Angeles (Residential) |
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20 Units / 5.92% Cap | 7323 Independence Ave
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