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.
Sold for $2,725,000 on 09/06/24
$2,725,000
7248 Alabama Ave, Canoga Park, CA 91303
22beds
22baths
9,760sqft
Multi Family
Built in 1990
-- sqft lot
$2,681,500 Zestimate®
$279/sqft
$2,193 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 09, 2024 at 06:55am
Listed by:
Daniel Withers DRE # 01325901 818-923-6107,
Matthews Real Estate Investment Services 866-889-0550
Bought with:
Daniel Withers, DRE # 01325901
Matthews Real Estate Investment Services
Source: CLAW,MLS#: 24-354597

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 22
- Bathrooms: 22
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 9,760
- Total interior livable area: 9,760 sqft
Property
Parking
- Total spaces: 11
- Parking features: Other
Features
- Levels: Three Or More
- Stories: 2
Lot
- Size: 7,501 sqft
Details
- Additional structures: Other
- Zoning: LAC2
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1990
Community & neighborhood
Location
- Region: Canoga Park
Services availability
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Estimated market value
$2,681,500