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7313 Milwood Avenue

Canoga Park, CA 91303
  • $3,800,000
  • STATUS: ACTIVE
  • ON SITE: 107 Days
  • ID#: SR25029044
UPDATED: 47 min ago
$3,800,000
  • 4
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

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 spacesa 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% o 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 spacesa 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.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
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7313 Milwood Avenue Canoga Park, CA 91303

  • Price: $3,800,000
  • Status: ACTIVE
  • On Site: 107 Days
  • Updated: 47 min ago
  • ID#: SR25029044
4
Beds
0
Baths
0
½ Baths
0.17
Acres
Neighborhood:
Canoga Park (91303)
County:
Los Angeles
Area:
Canoga Park (91303)
Property Description
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 spacesa 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% o 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 spacesa 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.
Exterior Features

Pool N/K

Interior Features

Cooling Central Forced Air Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Actual Cap Rate 5.93 Annual Expense Actual 46116 Buildings 1 Cfd Mello Roos Fee 1661.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 13.98 Gross Scheduled Income Actual 271800 Monthly Total Fees 138 Tenant Pays WaterElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 3200.0 Unit2 Rent Actual 3000.0 Unit3 Rent Actual 1500.0 Unit4 Rent Actual 1650.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Raul Aponte of Aponte Real Estate: 818-262-1662. Listing information © 2025 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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