7332 Alabama Avenue

    Canoga Park, CA 91303
    • $890,000
    • STATUS: Active Under Contract
    • ON SITE: 113 days
    • MLS #: 18308376
    Under Contract
    UPDATED: 44 min ago
    $890,000
    • 5
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,133
      SQFT
    • $417
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:
    Area:

    School Ratings & Info

    Description

    This 5 unit apartment building is located at 7332 Alabama Avenue in Canoga Park, CA. This value-add opportunity is located in the west San Fernando Valley, just north of the Woodland Hills Warner Center, east of West Hills, south of Chatsworth, and west of Winnetka.This property was built in 1924 and consists of two (2) studio units and three (3) 1 bedroom/1 bathroom units. Several of the units have recently been fully renovated with hardwood floors, granite counter tops and are in excellent condition. The property also has all new windows, on-site laundry, and covered carport parking in the back. The property is zoned LAR1 and is 2,133 sf per public record.With significant rental upside, this property provides an excellent opportunity for an operator to increase market rents through a more aggressive management style and renovation program. This property is in an excellent centralized location within the San Fernando Valley, and is in close proximity to the 101 FWY, West

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    ©2018 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hacienda Group Inc. Based on information from the California Desert Association of Realtors as of 2018-05-24T20:37:15.697. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
    www.haciendagroupinc.com/homes/80368436

    7332 Alabama Avenue Canoga Park, CA 91303

    • Price: $890,000
    • Status: Active Under Contract
    • Updated: 44 min ago
    • MLS #: 18308376
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,133
    SQFT
    $417
    $/SQFT
    1924
    Built
    Neighborhood:
    Canoga Park
    County:
    Los Angeles
    Area:
    Canoga Park
    Property Description
    This 5 unit apartment building is located at 7332 Alabama Avenue in Canoga Park, CA. This value-add opportunity is located in the west San Fernando Valley, just north of the Woodland Hills Warner Center, east of West Hills, south of Chatsworth, and west of Winnetka.This property was built in 1924 and consists of two (2) studio units and three (3) 1 bedroom/1 bathroom units. Several of the units have recently been fully renovated with hardwood floors, granite counter tops and are in excellent condition. The property also has all new windows, on-site laundry, and covered carport parking in the back. The property is zoned LAR1 and is 2,133 sf per public record.With significant rental upside, this property provides an excellent opportunity for an operator to increase market rents through a more aggressive management style and renovation program. This property is in an excellent centralized location within the San Fernando Valley, and is in close proximity to the 101 FWY, West
    Exterior Features

    Carport Or Covered Spaces 0 Pool No Total Other Spaces 0 Total Parking Spaces 5

    Interior Features

    Avg Sq Ft Studio 0 Avg Sq Ft1 Bedroom 0 Avg Sq Ft2 Bedroom 0 Avg Sq Ft3 Bedroom 0 Bathrooms 5.00 Cooling Type Wall And/Or Wndwunit

    Property Features

    Act Total Rent 0.00 Adj Gross Income 63432.00 Annual Gross Rent 0.00 Annual Land Lease Amount 0.00 Green Year Certified 0 Gross Annual Income 0.00 Gross Operating Inc 61583.00 Gross Schedule Inc 0.00 Lot Size Source (Other) MLS Claw Mls Monthly Gross Income 0.00 Net Operating Inc 35908.00 Number Of Buildings 3 Operating Expenses 0.00 Property Subtype Residential Income Realtor Association Palm Springs Assocation Of Realtors Sale Type Standard Sale Square Footage Source Other Tax Rate 0.00 Total Annual Op Exp 25675.00 Total Taxes 0.00

    Listing information © 2018 California Desert Association of Realtors.
    Listing provided courtesy of Jeffrey Louks of Marcus & Millichap.
    ©2018 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hacienda Group Inc. Based on information from the California Desert Association of Realtors as of 2018-05-24T20:37:15.697. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
     
    Hacienda Group Inc
    77935 Calle Tampico # 201
    La Quinta CA, 92253