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Key Details
Sold Price $2,725,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,760 sqft
Price per Sqft $279
MLS Listing ID 24354597
Sold Date 09/06/24
Bedrooms 22
HOA Y/N No
Year Built 1990
Lot Size 7,501 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area Cp - Canoga Park
Zoning LAC2
Interior
Fireplace No
Exterior
Total Parking Spaces 11
Building
Story 2
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 2111017003
Special Listing Condition Standard
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Bought with Daniel Withers • Matthews Real Estate Investment Services