7305 Variel Avenue,  Canoga Park CA, 91303 (Residential Income)

6,942 sqft
Status: Sold
MLS#: SR14232029
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Last Updated: 12/10/2016 2:23 AM
Description for 7305 Variel Avenue Canoga Park, CA 91303
Value-add, Warner Center adjacent investment opportunity with rental upside! The subject property is a 10-unit apartment building on a corner lot, consisting of 8 (1+1) units and 2 studios. It is individually metered for electricity and gas and offers 10 one-car parking spaces. Located just north of Warner Center within in the dense rental market of Canoga Park, the property is in a gentrifying neighborhood and offers the convenience and draw of being in close proximity to Westfield Topanga, the Orange Line, Pierce College, Westfield Promenade, and the site of The Village at Westfield Topanga currently under construction.
Price
Sold Price:
$1,260,000
Sold Date:01/21/2015
Los Angeles
6,942 (approx)
SR14232029
Closed
Description
Value-add, Warner Center adjacent investment opportunity with rental upside! The subject property is a 10-unit apartment building on a corner lot, consisting of 8 (1+1) units and 2 studios. It is individually metered for electricity and gas and offers 10 one-car parking spaces. Located just north of Warner Center within in the dense rental market of Canoga Park, the property is in a gentrifying neighborhood and offers the convenience and draw of being in close proximity to Westfield Topanga, the Orange Line, Pierce College, Westfield Promenade, and the site of The Village at Westfield Topanga currently under construction.
Listing Information
Property Type: Cluster, 2 Story
0.2 Acres 6,942 (approx)
$181.5 1958
2
Public Water Service
Sewer Connected, Sewer at Street
10 Total
Neighborhood
Room Information
Exterior / Lot Features
10 Parking Spaces
None
No Pool
Sidewalks, Street Lights, Curbs Walk, Suburban
Driving Directions
North of Sherman Way between Canoga & De Soto
Financial Considerations
2112021007
$14,374
$111,216 Income ,$44,062Expense
Listing Price History

Canoga Park Real Estate

Canoga Park is located in California. Canoga Park, California 91303 has a population of 79,520.

The median household income in Canoga Park, California 91303 is $53,437. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Canoga Park 91303 is 33.9 years.

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Courtesy: Keller Williams Realty Calaba Raymond Rodriguez
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Information is deemed reliable but is not guaranteed.

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