7248 Alabama Avenue Canoga Park, CA $ 3,035,000
7248 Alabama Avenue
$ 3,035,000
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7248 Alabama Avenue

Canoga Park, CA, 91303
$ 3,035,000
Baths0.0 Sq 9,760

Monthly Estimate*

$ 21,200

7248 Alabama Avenue, Canoga Park, CA 91303 - Image 1
7248 Alabama Avenue, Canoga Park, CA 91303 - Image 2
7248 Alabama Avenue, Canoga Park, CA 91303 - Image 3
7248 Alabama Avenue, Canoga Park, CA 91303 - Image 4
7248 Alabama Avenue, Canoga Park, CA 91303 - Image 5
7248 Alabama Avenue, Canoga Park, CA 91303 - Image 6
Studio

Multi-Family Home for sale in Canoga Park, CA

for $3,035,000. This 9,760 square foot home was built in 1990 on a lot size of 0.17.

7248 Alabama Ave is an exceptional 12-unit value-add apartment complex nestled in the heart of Canoga Park, CA. Constructed in 1990, this property offers an appealing unit mix, featuring (4) One Bedroom, One Bathroom units and (8) Two Bedroom, Two Bathroom Units. Notably, tenants enjoy the luxury of Central Air Conditioning and Heating, ensuring their comfort year-round.One standout feature of this property is its generous and secure parking facilities, providing ample parking spaces for tenants, which is a highly valued amenity in the rental market.Strategically situated just north of the Warner Center, a thriving hub in the Western San Fernando Valley, this property enjoys a highly advantageous location. Its convenience is further underscored by its proximity to Pierce College and Westfield Topanga, making it an attractive choice for potential tenants.Additionally, the surrounding area is enriched with numerous schools and parks, offering residents ample opportunities for recreation and leisure. In terms of transportation, the property is excellently positioned to access public transportation options, making it a well-connected choice for prospective tenants and investors alike.

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Multi-Family Contingent

Price

$ 3,035,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.17

Year Built

1990

Town/City

Canoga Park

County/Region

Los Angeles

MLS | Web ID

0024354597

Features
General
Zoning LAC2
Year Built 1990
Levels Three or More
County Los Angeles
Net Operating Income 119493.0
New Construction No
Property Type C
HOA / Comm Assn No
Contingency Active Under Contract
Status Active Under Contract
City Canoga Park
Buyer Agent Compensation 2.50
Senior Community Y/N No
MLS Area CP - Canoga Park
Lot Size Square Feet 7503.0
Street Name Alabama
Standard Status Active Under Contract
Year Built Source Other
Buyer Agent Compensation Type %
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Exterior
Parking Features Gated
Lot Size Area 7503.0
Building Area Total 9760.0
Lot Size Acres 0.17
Lot Size Units Square Feet
Land Lease Type Fee
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Interior
Total Stories 2
Street Suffix Avenue
Total Baths 0
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* Excluded Features
List By
Daniel Withers

Listing Agent

Matthews Real Estate Investment Services

Broker

Affordability Calculator

$21,200
Per Month
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Monthly Principal & Interest
$21,200
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2024$3,035,000 Listed Price

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7248 Alabama Avenue, Canoga Park, CA, 91303 is a Multi-Family Home for sale at $3,035,000 with 9,760 sqft and a lot size of 0.17. 7248 Alabama Avenue is a studio with 0.0 baths and was built in 1990. The property's zip code is 91303 which is in Canoga Park, CA