Multifamily

7018 Alabama Ave

7018 Alabama Ave, Canoga Park, CA 91303

Listing Price: $5,500,000

Cap Rate
5.28%
Number of Units
9
GRM
13.65
Occupancy
97.00%
Price/Unit
$611,111
Price/Gross SF
$373.62
Gross SF
14,721

Investment Overview

Marcus & Millichap is proud to present these nine units located at 7018 Alabama Avenue in Canoga Park, California. Built in 2020, this brand new vacant building sits on 7,500-square feet of land with 14,721-square feet of rentable area and consists of four, two-bed / two-bath units; four, three-bed / three-bath units; and one, four- bed / four-bath units.

Investment Highlights

  • Built in 2020, Brand New
  • Great Mix of Two, Three and Four-Bed Units
  • Extremely Low Maintenance
  • Walk Score of 82

Exclusively Listed By

Listing Price: $5,500,000

Cap Rate
5.28%
Number of Units
9
GRM
13.65
Occupancy
97.00%
Price/Unit
$611,111
Price/Gross SF
$373.62
Gross SF
14,721

Investment Highlights

  • Built in 2020, Brand New
  • Great Mix of Two, Three and Four-Bed Units
  • Extremely Low Maintenance
  • Walk Score of 82

Investment Overview

Marcus & Millichap is proud to present these nine units located at 7018 Alabama Avenue in Canoga Park, California. Built in 2020, this brand new vacant building sits on 7,500-square feet of land with 14,721-square feet of rentable area and consists of four, two-bed / two-bath units; four, three-bed / three-bath units; and one, four- bed / four-bath units.

Exclusively Listed By

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