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7323 Milwood Avenue
Canoga Park, CA 91303
Sold
7323 Milwood Avenue
Canoga Park, CA 91303
Sold
We are proud to present the sale of The Milwood Apartments, a well maintained 11 Unit multifamily property in the heart of Canoga Park. The unit mix consists of 6 (One Bedroom + One Bath), 2 ('Guest Room'/ Bedroom + One Bath), and 3 ('Guest Room' + One Bath) units. The property has undergone recent upgrades to the units which have passed SCEP inspections and are all up to code. The Guest Rooms are similar to other 'normal' apartment units with the only difference being that they have small kitchenettes; three of the Guest Rooms have a separate bedroom and two are similar to studios. The building is almost all electric except for the hot water which is powered by a newer central water heater. Tenants pay for their own electricity, which makes the operating expenses relatively low for the owner. Soft story retrofit was completed in 2021. There are 8 parking spaces all of which the owner collects additional income from. Priced at an incredible low price per unit, this deal will attract even the shrewdest investor! The Milwood Apartments are located in the heart of Canoga Park in The San Fernando Valley within close proximity to Sherman Way and Canoga Ave. Conveniently situated within a short driving distance to The West Field Topanga, The Topanga Village, Warner Center, and Pierce College. Moreover, the Sherman Way Orange Line Station is within a short walking distance making the Milwood Apartments an ideal location for any tenants looking to transit within the city. Other area highlights include ease of access to hospitals (Kaiser Permanente Woodland Hills), and schools (Hart Elementary School, Canoga Park Middle School, and Canoga Park High School).
PROPERTY INFORMATION
| MLS # | 23325677 | Lot Size | 7,500 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,630,000
Price Per SqFt: $ 306 |
DOM | 549 Days |
| Address | 7323 Milwood Avenue | Type | Residential Income |
| City | Canoga Park | Sq.Ft. | 5,328 Sq. Ft. |
| Postal Code | 91303 | Garage | N/A |
| County | Los Angeles | Year Built | 1964 |
| Bed / Bath | 8 / 0 | Parking | 8 |
| Built In | 1964 | Status | Closed |
| Sold Date | 2024-03-05 |
INTERIOR FEATURES
| Has Appliances | Yes |
| Has Heating | No |
| Heating Information | None |
EXTERIOR FEATURES
WALKSCORE
Walk Score: 87 (Very Walkable)
Transit Score: 53 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,739
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 11/03/2023 | Listed | $1,815,000 |
Topfind Realty
REALTOR®
(844)-333-8033
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Listing provided courtesy of Enrique Viramontes, Remax Commercial and Investment Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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, 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.
