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8371 Northgate Avenue
8371 Northgate Avenue, Canoga Park, CA 91304
22 Units | Multifamily
Multifamily Property - Off Market
- No. Units:
- Building Size:
- 15,920 SF
- Property Type:
- Property Sub-type:
- Property Use Type:
- Cap Rate:
- Gross Rent Multiplier:
- Lot Size:
- 17,716 SF
- Listing ID
- Last Updated
- over 1 year ago
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.
Map of 8371 Northgate Avenue, Canoga Park, CA 91304 (Los Angeles County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P