Active

7313 Milwood Avenue

Canoga Park CA, 91303

$4,250,000


$442.71 per sqft

Active

9,600 sqft

Condos

Built in 2022

Listed by Raul Aponte with Aponte Real Estate 818-262-1662

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.

SR25029044

MLS ID

February 21, 2025

Listed

February 22, 2025

Updated

Interior Features

Total Stories

3


Laundry Description

Electric Dryer Hookup, Gas Dryer Hookup, Inside


Floor Description

Carpet, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

0-1 Unit/Acre, Rectangular Lot


Sewer

Public Sewer

Other Property Details

Area Name

CP - Canoga Park


Garage

Yes


Garage Spaces

14


Parking

Controlled Entrance, Covered, Gated, Community Structure


Parking Total

14


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR3

Listing Contact: 818-262-1662 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/22/2025. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/22/2025 at 1:38 PM UTC

 

Powered byLuxury Presence