$5,299,000
$6,500,000
18.5%For more information regarding the value of a property, please contact us for a free consultation.
0.29 Acres Lot
SOLD DATE : 01/02/2026
Key Details
Sold Price $5,299,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR25201389
Sold Date 01/02/26
HOA Y/N No
Year Built 1988
Lot Size 0.293 Acres
Property Sub-Type Apartment
Property Description
Exceptional Investment Opportunity – 30 Units | 29,250 SqFt of living space!!
Proudly offered in the highly desirable Canoga Park area, this 30-unit apartment community spans 29,250 square feet of living space and features an attractive unit mix of 12 two-bedroom/two-bath units and 18 one-bedroom/one-bath units—an ideal configuration to capture strong rental demand.
The property offers tremendous upside potential, appealing to investors seeking long-term growth and value-add opportunities. Residents enjoy a range of amenities including on-site parking, secure gated entry, and laundry facilities, all of which enhance tenant convenience and retention. Each unit is individually metered for gas and electricity, reducing ownership expenses and improving operational efficiency. The building has been exceptionally well maintained, positioning it as a turnkey acquisition. Located in one of the San Fernando Valley's most dynamic rental corridors, tenants benefit from close proximity to Westfield Topanga Mall, The Village at Topanga, Costco, Home Depot, and Colleges, as well as easy access to the 101 Freeway and public transit.
Location
State CA
County Los Angeles
Area Cp - Canoga Park
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned, Garage Faces Front, Garage
Garage Spaces 64.0
Garage Description 64.0
Pool None
Community Features Street Lights, Suburban, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Accessibility Parking
Total Parking Spaces 64
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2112018017
Energy Description 8422.0
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Angela Parekh Pinnacle Estate Properties
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