$1,630,000
For more information regarding the value of a property, please contact us for a free consultation.
7323 Milwood Ave Canoga Park, CA 91303
8 Beds
12 Baths
5,328 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,328 sqft
Price per Sqft $300
MLS Listing ID 23-325677
Bedrooms 8
Year Built 1964
Lot Size 7,500 Sqft
Property Description
We are proud to present the sale of The Milwood Apartments, a well maintained 11 Unit multifamily property in the heart of Canoga Park. The unit mix consists of 6 (One Bedroom + One Bath), 2 ('Guest Room'/ Bedroom + One Bath), and 3 ('Guest Room' + One Bath) units. The property has undergone recent upgrades to the units which have passed SCEP inspections and are all up to code. The Guest Rooms are similar to other 'normal' apartment units with the only difference being that they have small kitchenettes; three of the Guest Rooms have a separate bedroom and two are similar to studios. The building is almost all electric except for the hot water which is powered by a newer central water heater. Tenants pay for their own electricity, which makes the operating expenses relatively low for the owner. Soft story retrofit was completed in 2021. There are 8 parking spaces all of which the owner collects additional income from. Priced at an incredible low price per unit, this deal will attract even the shrewdest investor! The Milwood Apartments are located in the heart of Canoga Park in The San Fernando Valley within close proximity to Sherman Way and Canoga Ave. Conveniently situated within a short driving distance to The West Field Topanga, The Topanga Village, Warner Center, and Pierce College. Moreover, the Sherman Way Orange Line Station is within a short walking distance making the Milwood Apartments an ideal location for any tenants looking to transit within the city. Other area highlights include ease of access to hospitals (Kaiser Permanente Woodland Hills), and schools (Hart Elementary School, Canoga Park Middle School, and Canoga Park High School).
Location
State CA
County Los Angeles
Area Canoga Park
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating None
Cooling Wall Unit(s)
Equipment None
Exterior
Garage Covered Parking
Garage Spaces 8.0
Building
Story 2
Others
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with KW Advisors