8740 Topanga Canyon Blvd - Apartments FOR SALE
Canoga Park, CA 91304 |
8740 Topanga Canyon Blvd
Canoga Park, CA 91304
HIGHLIGHTS
- 55% rental upside. 8.58% cap rate at market!! Existing rents to increase approx 8% in February 2024.
- Priced below replacement cost at only $226.44 per SF and $215,000 per unit and 12.9x GRM with 55% upside.
- Large units average over 950 Square Feet
- Great mix with a majority of two bedroom units
- 100% occupied. No evictions or delinquencies during covid.
- Long-term owner
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Topanga Villa Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
14246
STORIES
2
YEAR BUILT
1962
PARKING SPACES
14
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
2779-042-031
