NOT LISTED FOR SALE
2 Beds
2 Baths
25,080 Sq Ft
0.56 Acres

Last Sold December 03, 2021

Last sale price $6,630,000 $264 Per Sq Ft

Highlights

  • 0.56 Acre Lot
  • Community Pool
  • Laundry Room

About This Home

As of December 2021

We are proud to represent this 30­unit apartment building in Canoga Park.
The building was constructed in 1971. Its unit mix consists of (12) one ­bedroom, one ­bathroom units and (18) two­ bedroom, two ­bathroom units. With a lot size of 24,307 square feet, the property has a total 25,080 rentable square feet. The tenants enjoy balconies, a swimming pool, on­site laundry, and a secured building.
The property is conveniently located and is minutes away from the brand new Village at the Topanga shopping mall, Warner Center, and Pierce College. Tenants enjoy easy access to the 101 freeway and Orange Line.
The property is separately metered for gas and electricity.

Last Agent to Sell the Property

Cindy Hill

Equity Union License #00885625 Listed on: 09/20/2021

Equity Union

Last Buyer's Agent

Cindy Hill

Equity Union License #00885625 Listed on: 09/20/2021

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.56 Acre Lot
  • 1 Common Wall

Home Design

  • Apartment

Interior Spaces

  • 25,080 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 22622
  • Assessor Parcel Number 2109025021
  • $3,618 per year additional tax assessments

Community Details

Overview

  • 30 Units
  • Valley

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Building Details

  • Rent Control
  • 30 Separate Electric Meters
  • 30 Separate Gas Meters
  • 30 Separate Water Meters
  • Operating Expense $223,402
  • Gross Income $486,919
  • Net Operating Income $263,310

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 2109025021
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Common Walls: 1 Common Wall
  • Levels: Three Or More
  • Price Per Square Foot: 264.35

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban, Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 24307.00
  • Lot Size Acres: 0.5580

Multi Family

  • Gross Income: 486919.00
  • Gross Scheduled Income: 486919.00
  • Lot Size Area: 24307.0000 Square Feet
  • Net Operating Income: 263310.00
  • Number Of Separate Electric Meters: 30
  • Number Of Separate Gas Meters: 30
  • Number Of Separate Water Meters: 30
  • Number Of Units Total: 30
  • Operating Expense: 223402.00
  • Rent Control: Yes
  • Total Expenses: 223402.00

Tax Info

  • Tax Census Tract: 1342.01
  • Tax Lot: 1
  • Tax Tract Number: 22622
  • TaxOtherAnnualAssessmentAmount: 3618.00

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $6,630,000 -5.3% $264 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $7,000,000 -- $279 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21207187

California Regional Multiple Listing Service (CRMLS)