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Off Market
1/68

20918 Gresham St
Canoga Park, CA 91304


HIGHLIGHTS

  • Opportunity to Add Value: Incoming investor(s) can continue to execute on established renovation plan to update remaining outdated units
  • Excellent Unit Mix: (12) one-bed/one-bath units, (2) two-bed/one-bath units, (31) two-bed/two-bath units and (4) three-bed/two-bath units
  • 2003 Construction – Subject to State Rent Control: Terra Apartments offers an investor the opportunity to acquire 49 units in an emerging submarket
  • Highly Amenitized Apartment Community: Community Amenity Package includes Swimming Pool, Fitness Center, Picnic Area with Barbecue
  • Thoughtfully Designed Units: Unit Features Expansive Floor Plans, Central Air and Heat, Refrigerator, Gas Range Stove, Garbage Disposal and Dishwasher
  • Irreplaceable West Valley Location: Located Approximately 3.5 Miles From Warner Center and Major Employers

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Terra Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

47821

STORIES

2

YEAR BUILT

2003

PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

2779-004-002