7313 Milwood Avenue
Canoga Park, CA 91303
- – beds
- – baths
- – sqft
- 7,499 sqft lot
- 2022 build
- – on site
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.
Last checked:
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Last updated Feb 21, 2025
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MLS# SR25029044 —
The Building
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Year Built:2022
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:9600.00
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Building Area Units:Square Feet
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Total Number Of Units:9
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# of Buildings:1
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Stories Total:3
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:10
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# of Separate Water Meters:1
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# of Separate Electric Meters:3
Interior
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Entry Location:Front
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Flooring:Carpet, Laminate
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Laundry:Gas & Electric Dryer Hookup, Inside
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Laundry:1
Location
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Directions:N Sherman Way
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Latitude:34.20328100
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Longitude:-118.59462500
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LAR3
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Lot Features:0-1 Unit/Acre, Rectangular Lot
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Lot Size Area:7499.0000
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Lot Size Acres:0.1722
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Lot Size SqFt:7499.00
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Lot Size Source:Appraiser
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:42
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Tax Census Tract:1345.21
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Tax Tract:134...
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Tax Lot:10
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2112024017
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Suburban
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking:Yes
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Parking:Community Structure, Controlled Entrance, Covered, Gated
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Parking Spaces:14.00
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Garage Spaces:14.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/21/25
Feb 21, 2025
|
Listed / Active | CRMLS_CA | $4,250,000 |
