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21909 Lanark St
Canoga Park, CA 91304
**Price Reduction** Lanark Apartments · Multifamily Property For Sale
·
33 Units
PROPERTY FACTS
| No. Units | 33 | Lot Size | 0.78 AC |
| Property Type | Multifamily | Building Size | 30,091 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 0.99/1,000 SF |
| Zoning | R3, Canoga Park | ||
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.78 AC |
| Building Size | 30,091 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 0.99/1,000 SF |
| Zoning | R3, Canoga Park |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Refrigerator
- Range
SITE AMENITIES
- Controlled Access
- Laundry Facilities
ABOUT 21909 LANARK ST , CANOGA PARK, CA 91304
The Flashman Investment Group and Compass Realty are proud to present one of the cleanest apartment buildings you will find in the dense rental market of Canoga Park. This 33-unit complex boasts an extremely desirable unit mix of (29) 2+2, (2) 3+2, and (2) 1+1's. The GRM is only 12.97 with over 20% upside potential in rents. The owner has completely re-piped the building with copper plumbing, both horizontal and vertical. Although the property does have a pool, the pool has been covered with a wooden deck which offers tenants space for BBQing while at the same time cuts down monthly expenses for a new owner. Please note, the pool cover can be removed if the new owner desires. The roof of the building is new and has a reflecting layer to keep the temperature down. There are 44 parking spaces and can be accessed from Lanark Street, a major plus for the tenants as only two buildings on the street offer this. The owner has a bid for the seismic retrofitting so please contact the listing agents for this information. The property is fully occupied so PLEASE DO NOT DISTURB THE TENANTS! Adjacent to park, near restaurants, shops etc
PROPERTY TAXES
| Parcel Number | 2110-001-049 | Improvements Assessment | $4,543,692 |
| Land Assessment | $3,017,520 | Total Assessment | $7,561,212 |
PROPERTY TAXES
