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Listed by Angela Parekh • Pinnacle Estate Properties
$6,500,000
Est. payment /mo
29,250 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 29,250 sqft
Price per Sqft $222
MLS Listing ID CRSR25201389
HOA Y/N No
Year Built 1988
Lot Size 0.293 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
Exceptional Investment Opportunity – 30 Units | 29,250 SqFt of living space!! Proudly offered in the highly desirable Canoga Park area, this 30-unit apartment community spans 29,250 square feet of living space and features an attractive unit mix of 12 two-bedroom/two-bath units and 18 one-bedroom/one-bath units-an ideal configuration to capture strong rental demand. The property offers tremendous upside potential, appealing to investors seeking long-term growth and value-add opportunities. Residents enjoy a range of amenities including on-site parking, secure gated entry, and laundry facilities, all of which enhance tenant convenience and retention. Each unit is individually metered for gas and electricity, reducing ownership expenses and improving operational efficiency. The building has been exceptionally well maintained, positioning it as a turnkey acquisition. Located in one of the San Fernando Valley's most dynamic rental corridors, tenants benefit from close proximity to Westfield Topanga Mall, The Village at Topanga, Costco, Home Depot, and Colleges, as well as easy access to the 101 Freeway and public transit.
Location
State CA
County Los Angeles
Interior
Heating Other
Cooling Central Air
Fireplace No
Laundry Other
Exterior
View None
Handicap Access Other
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