$2,725,000
$3,035,000
10.2%For more information regarding the value of a property, please contact us for a free consultation.
22 Beds
22 Baths
9,760 SqFt
SOLD DATE : 09/06/2024
Key Details
Sold Price $2,725,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,760 sqft
Price per Sqft $279
MLS Listing ID 24-354597
Sold Date 09/06/24
Bedrooms 22
Year Built 1990
Lot Size 7,503 Sqft
Acres 0.1722
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 Canoga Park
Zoning LAC2
Rooms
Other Rooms Other
Interior
Heating Other
Cooling Other
Equipment Other
Exterior
Parking Features Other
Garage Spaces 11.0
Building
Story 2
Level or Stories Three Or More
Others
Special Listing Condition Standard
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