This Multifamily Property is Off-Market.

8371 Northgate Avenue
Canoga Park, CA 91304 ·

22 Units · Multifamily For Sale



Multifamily Property For Sale

Price N/A Property Use Type Investment
No. Units 22 Cap Rate 6.02%
Building Size 15,920 SF Gross Rent Multiplier 9.65
Property Type Multifamily Occupancy 100%
Property Sub-type Garden/Low-Rise Lot Size 17,716 SF
Listing ID: 17241872 Date Created: 07/12/2011 Last Updated: 09/01/2011


Built in 1964, this apartment building has very nice curb appeal with mature trees, landscaping and secure intercom access into the building. It is walking distance to Topanga Canyon Blvd and close to local restaurants, banks and retail establishments.

This building has very desirable units mix of 13 one-bedroom/ one-bath units; five two-bedroom/ one-bath units; two two-bedroom/ two-bath units; one two-bedroom/ one and a half-bath unit and one three-bedroom/ two-bath. Each unit offers in-wall air conditioning units.

There are rolling security gates in the parking lot off a rear alley offering parking for 20 cars (six tuck-under parking spaces). The building courtyard area has mostly cement surface with a central planter with mature trees and landscaping.

This property will appeal to hard to please investors who are looking for a turn-key investment opportunity in very desirable West San Fernando Valley neighborhood.

Marcus & Millichap is pleased to present 22 units in Canoga Park on a quiet cul-de-sac street in one of the nicest neighborhoods in the area, in close proximity to the City of Woodland Hills.


8371 Northgate Avenue, Canoga Park, CA 91304 (Los Angeles County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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