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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
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
Walk Score ®
Very Walkable (83)
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

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)
  • Listing ID: 30885635

  • Date on Market: 06/02/2024

  • Last Updated:

  • Address: 7323 Independence Ave, Canoga Park, CA 91303

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