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8555 Independence Ave
Canoga Park, CA 91304
Independence Apartments · Multifamily Property For Sale · 29 Units

Property Facts

No. Units 29
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.70 AC
Building Size 18,389 SF
No. Stories 2
Year Built 1979
Parking Ratio 1.38/1,000 SF
Zoning R3, Los Angeles

Amenities

Unit Amenities

  • Air Conditioning
  • Refrigerator
  • Oven
  • Range

Site Amenities

  • Laundry Facilities
  • Property Manager on Site
  • Gated

About 8555 INDEPENDENCE AVE , CANOGA PARK, CA 91304

CALL FOR OFFERS (FRIDAY, FEBRUARY 23rd at 3:00pm) CONTACT LISTING AGENT FOR PROPERTY TOUR. Matthews Real Estate Investment Services is pleased to offer for sale the Independence Apartments, a 29-unit apartment building located in Canoga Park, CA. The asset was built in 1979 and is not subject to rent control. The property has an excellent unit mix including 18 Studio units, 9 one-bedroom / one-bathroom units, 1 two-bedroom / one-bathroom units, and 1 two-bedroom / two and a half bathroom units. The property also boasts a strong amenity package including gated parking spaces (open and tuck-under), intercom entry, a swimming pool, and an on-site laundry facility, Unit amenities include central air and heat, spacious floor plans, with some units with patios and balconies. This complex is located at 8555 Independence Ave which is located just west of De Soto Ave and South of Parthenia Ave. The property is just minutes away from the various entertainment and dining options in Warner Center, Pierce College, and CSUN. This investment opportunity offers a chance to purchase a clean non-rent control, large apartment complex with a nice amenity package, with significant immediate upside in rents.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 18 - 600
1+1 11 - 750

Property Taxes

Property Taxes

Parcel Number
2779-010-210
Land Assessment
$2,503,255
Improvements Assessment
$3,811,726
Total Assessment
$6,314,981
  • Listing ID: 11534038

  • Date on Market: 2/8/2018

  • Last Updated:

  • Address: 8555 Independence Ave, Canoga Park, CA 91304

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