Large price adjustment on this 2022-built, two-story apartment building in Canoga Park is a modern and highly desirable property designed for both convenience and profitability. With 9 spacious and well-designed units, the building offers a blend of comfort, security, and low-maintenance living, making it an excellent investment opportunity. Key Features: Location: Situated in a prime Canoga Park location, the building is close to public transportation, markets, schools, shopping centers, entertainment venues, parks, and other amenities. This makes it highly attractive to tenants seeking convenience and accessibility. Parking: The property includes gated and covered parking, providing residents with secure and protected parking spaces—a highly sought-after feature. Elevator: A building elevator adds to the convenience, especially for residents on the second floor or those with mobility needs. Energy Efficiency: The building is designed with low electricity costs in mind, thanks to sensor-controlled common area lighting. This eco-friendly feature reduces energy consumption and operational expenses. Security: Gated building with Video security cameras installed in all common areas, ensuring a safe and secure environment for residents. This adds peace of mind for both tenants and property owners. Maintenance: As an almost brand-new building, it requires minimal maintenance, reducing long-term costs and hassles. This makes it an ideal investment for generating high rental income without the burden of heavy upkeep. Occupancy and Rental Income: The property currently enjoys 100% occupancy, demonstrating its strong appeal in the rental market. Additionally, a few units are ready to be adjusted for higher rents, offering the potential for increased revenue. Unit Design: All units are spacious and thoughtfully designed, catering to modern living standards. The layout and finishes are likely to attract quality tenants willing to pay premium rents. Investment Potential: This property is a turnkey investment opportunity, offering immediate rental income with the potential for growth. Its modern features, energy efficiency, and low maintenance requirements make it a financially sound choice for investors. The combination of a great location, high-quality construction, and strong tenant demand ensures long-term profitability and stability.
Off market
Listing Provided by:
$119,930
7313 Milwood Ave, Canoga Park, CA 91303
--beds
--baths
9,600sqft
Multi Family
Built in 2022
-- sqft lot
$-- Zestimate®
$12/sqft
$2,387 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 03:33pm
Source: CRMLS,MLS#: SR25029044
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside
Features
- Flooring: Carpet, Laminate
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 9,600
- Total interior livable area: 9,600 sqft
Property
Parking
- Total spaces: 14
- Parking features: Controlled Entrance, Covered, Gated, Community Structure
- Garage spaces: 14
Features
- Entry location: Front
- Pool features: None
Lot
- Size: 7,499 sqft
- Features: 0-1 Unit/Acre, Rectangular Lot
Details
- Parcel number: 2112024017
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Suburban
Location
- Region: Canoga Park
HOA & financial
Other financial information
- Total actual rent: 253800
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Owner Will Carry