7313 Milwood Ave., Canoga Park, CA 91303 - SR25029044 - iPro Real Estate

7313 Milwood Ave.
Canoga Park, CA 91303

Active, Multi-Family/Income Sale

New Listing
For Sale

$4,250,000 $566.59 per sqft

Free Professional CMA

Listing ID : SR25029044

  • Lot Size

    7,501 Sqft

Description

This 2022-built, two-story apartment building in Canoga Park is a modern and highly desirable property designed for both convenience and profitability. With 9 spacious and well-designed units, the building offers a blend of comfort, security, and low-maintenance living, making it an excellent investment opportunity. Key Features: Location: Situated in a prime Canoga Park location, the building is close to public transportation, markets, schools, shopping centers, entertainment venues, parks, and other amenities. This makes it highly attractive to tenants seeking convenience and accessibility. Parking: The property includes gated and covered parking, providing residents with secure and protected parking spacesa highly sought-after feature. Elevator: A building elevator adds to the convenience, especially for residents on the second floor or those with mobility needs. Energy Efficiency: The building is designed with low electricity costs in mind, thanks to sensor-controlled common area lighting. This eco-friendly feature reduces energy consumption and operational expenses. Security: Gated building with Video security cameras installed in all common areas, ensuring a safe and secure environment for residents. This adds peace of mind for both tenants and property owners. Maintenance: As an almost brand-new building, it requires minimal maintenance, reducing long-term costs and hassles. This makes it an ideal investment for generating high rental income without the burden of heavy upkeep. Occupancy and Rental Income: The property currently enjoys 100% occupancy, demonstrating it

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 2112024017
Cap Rate: 3% 
Net Operating Income: $187,156 
Days on Market: 2 
Number of Units: 9 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: Assessor 

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34.203285 -118.594673 $4,250,000 SR25029044
7313 Milwood Ave., Canoga Park, CA 91303
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Listed by Raul Aponte with Aponte Real Estate