7332 Alabama Avenue

  • Canoga Park

  • $890,000

Residential Income Details

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
MLS #18308376
Number of Units5
Sale TypeStandard
StatusActive Under Contract
Listing BrokerageMarcus & Millichap
Listing AgentJeffrey Louks
Listing Agent BRE #00908473
CoolingWall Window
AreaCP - Canoga Park
Address7332 Alabama Avenue
CityCanoga Park
CountyLos Angeles


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Based on information from California Regional Multiple Listing Service, Inc. as of Friday, February 9, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.