7323 Independence Avenue Canoga Park, CA ^$ 4,850,000

7323 Independence Avenue

^$ 4,850,000

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7323 Independence Avenue

Canoga Park, CA, 91303

^$ 4,850,000

Bedrooms23 Baths3.0 Sq 17,666

Monthly Estimate*

^$ 33,879

Listed by Howard Realty Group

7323 Independence Avenue, Canoga Park, CA 91303 - Image 1

7323 Independence Avenue, Canoga Park, CA 91303 - Image 2

7323 Independence Avenue, Canoga Park, CA 91303 - Image 3

7323 Independence Avenue, Canoga Park, CA 91303 - Image 4

7323 Independence Avenue, Canoga Park, CA 91303 - Image 5

7323 Independence Avenue, Canoga Park, CA 91303 - Image 6

Multi-Family Home for sale in Canoga Park, CA

for $4,850,000 with 23 bedrooms and 3 full baths. This 17,666 square foot home was built in 1959 on a lot size of 0.5189.

7323 Independence Ave. in the City of Canoga Park, CA is a 20 unit apartment building. Onsite laundry and is owned by Owner (Not leased). Tremendous upside in rents. Two Story Apartment Building on 22,603 SF Lot. 3 @ 2+2 and 17 @ 1+1.

Multi-Family Active

Price

^$ 4,850,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.5189

Year Built

1959

Town/City

Canoga Park

County/Region

Los Angeles

MLS | Web ID

BB24057830

Days on Market

Features

General

Sewer PublicSewer

Garage Spaces 0.0

Pool Features None

Year Built 1959

Property SubType Apartment

Gross Income 366498.0

Community Features Sidewalks

County Los Angeles

Net Operating Income 263115.0

Operating Expense 103383.0

Insurance Expense 1.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions N Sherman Way and West of DeSoto

City Canoga Park

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 20

MLS Area CP - Canoga Park

Lot Size Square Feet 22603.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Independence

Listing Terms Cash CashtoNewLoan Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 1.0

Home Warranty Y/N N

Fuel Expense 1.0

Trash Expense 1.0

Water Sewer Expense 1.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 40

Property Sub Type Additional Apartment

Exterior

Water Source Public

Total Parking 0.0

Lot Size Area 22603.0

Number of Buildings 1

Spa N

Building Area Total 17666.0

Lot Size Acres 0.5189

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 1

Number of Separate Electric Meters 20

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 7323

* Excluded Features

List By

Howard Realty Group

Broker

(818) 355-6017

Phone

Affordability Calculator

$33,879

Per Month

Monthly Principal & Interest: $33,879
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

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Yearly Property Taxes

Yearly Home Insurance

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

Trends
Schools

Multi-family listings in Canoga Park, CA

Average List Price ^$2,718,878

Percent of Sale Price 44%

About Canoga Park, CA

75,226 Population

0% Since 2002

^$0 Median Income

0 Median Age

39% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/22/2024	$4,850,000		Listed Price

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7323 Independence Avenue, Canoga Park, CA, 91303 is a Multi-Family Home for sale at $4,850,000 with 17,666 sqft and a lot size of 0.5189. 7323 Independence Avenue has 23 bedrooms, 3.0 baths, and was built in 1959. The property's zip code is 91303 which is in Canoga Park, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/27/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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7323 Independence Avenue

Multi-Family Home for sale in Canoga Park, CA

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