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$4,600,000   Price Analysis
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7323 Independence Ave
Canoga Park, CA 91303
23 bed 23 bath 17,666 SqFt ($260/SqFt)
0.52 acre lot. Built 1959
Listed 2024-03-22, Taxes $39,741
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

7323 Independence Ave.

In the City of Canoga Park, CA is a 20 unit apartment building. Onsite laundry and is owned by Owner (Not leased).

Tremendous upside in rents. Two Story Apartment Building on 22, 603 SF Lot. 3 @ 2+2 nd 17 @ 1+1.


Presented by Brett Howard at
Howard Realty Group.


Property MLS #BB24057830 from CRMLS

Bedrooms: 23

Laundry Features: Common Area

Full Bathrooms: 23

Lot Description: Lot 20000-39999 Sqft
Lot Size Acres: 0.5189
Lot Size Source: Assessor
Lot Size Square Feet: 22603

Garage Spaces: 20

Number of Units: 20
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 3
Unit-2 Garage Spaces: 17

Rent Control: Yes

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1.00
Area: CP - Canoga Park
Source Neighborhood: CP - Canoga Park
Number of Separate Electric Meters: 20
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 2112020012
Professional Management Expense: 1.00
Trash Expense: 1.00
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$1,908,311 + $1,268,432
$3,176,743
$39,741
2021$1,870,894 + $1,243,561
$3,114,455
$39,183
2020$1,851,711 + $1,230,810
$3,082,521
$39,558
2019$1,815,403 + $1,206,677
$3,022,080
$38,052
2018$1,779,807 + $1,183,017
$2,962,824
$37,555
2017$1,744,909 + $1,159,821
$2,904,730
$36,724
2016$1,710,696 + $1,137,080
$2,847,776
$35,746
2015$662,440 + $283,898
$946,338
$13,324
2014$649,464 + $278,337
$927,801
$13,501
2013$646,529 + $277,080
$923,609
$13,502
2012$633,852 + $271,648
$905,500
$13,675
2010$621,424 + $266,322
$887,746
$13,435
2009$618,246 + $264,960
$883,206
$12,977
2009$616,780 + $264,332
$881,112
$12,977
2008$606,124 + $259,765
$865,889
$12,503
2007$594,240 + $254,672
$848,912
$12,075

Price Changed 2024-05-24
$4,600,000
CRMLS
Listed 2024-03-22
$4,850,000
CRMLS
Listing removed 2023-12-22
$0
CRMLS
Price Changed 2023-09-15
$4,550,000
CRMLS
Listed 2023-02-01
$4,995,000
CRMLS
Listing removed 2022-08-12
$0
CRMLS
Listing removed 2022-07-28
$0
CRMLS
Listed 2022-07-28
$13,500,000
CRMLS
Price Changed 2022-02-08
$5,800,000
CRMLS
Listed 2021-12-09
$5,600,000
CRMLS
Sold 2015-01-30
$2,805,000
Public Record
Sold 1999-08-24
$740,000
Public Record
Sold 1996-08-09
$425,000
Public Record

Net Operating Income: 263115.00

Total Square Feet Living: 17666
Year Built: 1959
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 65
Property Attached: Yes
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor

Electric Expense: 1.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1.00
Water Source: Public

Hart Street Elementary School is a public elementary school located approximately 0.4 miles away.
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Canoga Park Senior High School is a public high school located approximately 1 miles away.
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Christopher Columbus Middle School is a public middle school located approximately 1.3 miles away.
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New Academy Canoga Park is a private elementary school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.