20918 Gresham St | Canoga Park, CA 91304
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20918 Gresham St
Canoga Park, CA 91304
Terra Apartments · Multifamily Property For Sale
·
49 Units
INVESTMENT HIGHLIGHTS
- Opportunity to Add Value: Incoming investor(s) can continue to execute on established renovation plan to update remaining outdated units
- 2003 Construction – Subject to State Rent Control: Terra Apartments offers an investor the opportunity to acquire 49 units in an emerging submarket
- Thoughtfully Designed Units: Unit Features Expansive Floor Plans, Central Air and Heat, Refrigerator, Gas Range Stove, Garbage Disposal and Dishwasher
- Excellent Unit Mix: (12) one-bed/one-bath units, (2) two-bed/one-bath units, (31) two-bed/two-bath units and (4) three-bed/two-bath units
- Highly Amenitized Apartment Community: Community Amenity Package includes Swimming Pool, Fitness Center, Picnic Area with Barbecue
- Irreplaceable West Valley Location: Located Approximately 3.5 Miles From Warner Center and Major Employers
PROPERTY FACTS
| No. Units | 49 | Lot Size | 0.94 AC |
| Property Type | Multifamily | Building Size | 47,821 SF |
| Property Subtype | Apartment | Average Occupancy | 98% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | B | Year Built | 2003 |
| Zoning | R3, Los Angeles | ||
| No. Units | 49 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.94 AC |
| Building Size | 47,821 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 2003 |
| Zoning | R3, Los Angeles |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 2779-004-002 | Improvements Assessment | $11,373,918 |
| Land Assessment | $7,655,521 | Total Assessment | $19,029,439 |
PROPERTY TAXES
Parcel Number
2779-004-002
Land Assessment
$7,655,521
Improvements Assessment
$11,373,918
Total Assessment
$19,029,439
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