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 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
Not exactly what you're looking for? Start a new custom search to find the perfect property
The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.