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Daniel Withers
Matthews Real Estate Investment Services
866-889-0550
7248 Alabama Ave is an exceptional 12-unit value-add apartment complex nestled in the heart of Canoga Park, CA. Constructed in 1990, this property offers an appealing unit mix, featuring (4) One Bedroom, One Bathroom units and (8) Two Bedroom, Two Bathroom Units. Notably, tenants enjoy the luxury of Central Air Conditioning and Heating, ensuring their comfort year-round.One standout feature of this property is its generous and secure parking facilities, providing ample parking spaces for tenants, which is a highly valued amenity in the rental market.Strategically situated just north of the Warner Center, a thriving hub in the Western San Fernando Valley, this property enjoys a highly advantageous location. Its convenience is further underscored by its proximity to Pierce College and Westfield Topanga, making it an attractive choice for potential tenants.Additionally, the surrounding area is enriched with numerous schools and parks, offering residents ample opportunities for recreation and leisure. In terms of transportation, the property is excellently positioned to access public transportation options, making it a well-connected choice for prospective tenants and investors alike.
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Total Bedrooms : 22
Total Baths: 22
Full Baths: 0
Half Baths: 0
Year Built: 1990
Building Area Total: 9,760
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1722
Lot Size Source: Other
Lot Size Square Feet: 7503
Original List Price: 3,035,000
Listing Contract Date: 2024-01-17
Listing Agreement: Seller Reserved
Parcel Number: 2111017003
Lease Term: Negotiable
Source Listing Status: Active Under Contract
Source Neighborhood: CP - Canoga Park
Postal Code Plus 4: 1577
Directions: North of Sherman Way; South of Wyandotte St
Zoning: LAC2
Source Property Type: Residential Income
Area: CP - Canoga Park
Property Age: 34
Year Built Source: Other
Total Square Feet Living: 9760
Levels or Stories: Three Or More
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
22030 Saticoy Street, Canoga Park, CA,91303 | $1,100,000 | 6 | 2 | 2,056 | 6502 Sqft |
22113 Cantlay Street, Canoga Park, CA,91303 | $939,000 | 7 | 5 | 2,468 | 6501 Sqft |
21007 Covello Street, Canoga Park, CA,91303 | $999,999 | 4 | 1 | 1,392 | 6807 Sqft |
7317 Vassar Avenue, Canoga Park, CA,91303 | $780,000 | 3 | 2 | 1,776 | 75035 Sqft |
6849 Nita Avenue, Canoga Park, CA,91303 | $850,000 | 4 | 2 | 1,595 | 6879 Sqft |
7323 Independence Avenue, Canoga Park, CA,91303 | $4,850,000 | -- | -- | 17,666 | 22603 Sqft |
21023 1/2 Gault Street #7, Canoga Park, CA,91303 | $695,000 | 3 | 2 | 1,799 | 60063 Sqft |
7101 Farralone Ave #143, Canoga Park, CA,91303 | $385,000 | 1 | 1 | 488 | -- |
7101 Farralone Avenue #.., Canoga Park, CA,91303 | $395,000 | 1 | 1 | 670 | 170201 Sqft |
7233 Milwood Avenue, Canoga Park, CA,91303 | $1,149,444 | -- | -- | -- | 7500 Sqft |
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ByOwner last updated this listing 05/16/2024 @ 10:17
MLS: 24354597
LISTED BY: Daniel Withers, Matthews Real Estate Investment Services
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.