Multifamily
7253 Variel Ave
7253 Variel Ave, Los Angeles, CA 91303
Listing Price: $4,850,000
Investment Overview
Marcus and Millichap are pleased to present the opportunity to acquire a 27-unit investment opportunity located at 7253-7257 Variel Avenue in Canoga Park, CA 91303.
7253 Variel Ave
Investment Highlights
- Significant Rental Upside | In-place rents of $46,450/month vs. $58,450 market rents. Every unit type rents well below its comparable average.
- Canoga Park Location On Variel Ave between Wyandotte St and Sherman Way, on a 27,107 SF (0.62-acre) LAR3 parcel.
- Diverse Unit Mix | 1 studio, 12 one-bedrooms, 8 two bedrooms and 6 three-bedrooms; 14 of 27 units have two or more bedrooms.
Exclusively Listed By
Listing Price: $4,850,000
Investment Highlights
- Significant Rental Upside | In-place rents of $46,450/month vs. $58,450 market rents. Every unit type rents well below its comparable average.
- Canoga Park Location On Variel Ave between Wyandotte St and Sherman Way, on a 27,107 SF (0.62-acre) LAR3 parcel.
- Diverse Unit Mix | 1 studio, 12 one-bedrooms, 8 two bedrooms and 6 three-bedrooms; 14 of 27 units have two or more bedrooms.
Investment Overview
Marcus and Millichap are pleased to present the opportunity to acquire a 27-unit investment opportunity located at 7253-7257 Variel Avenue in Canoga Park, CA 91303.
Exclusively Listed By
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