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Multi-Family

7353 Milwood Ave

7353 Milwood Ave, Canoga Park, CA 91304

Listing Price: $1,490,000

Lot Size
0.17 acres
Price/Acre
$8,653,920
Land Type
Redevelopment
Buildable Square Feet
16,798

Investment Overview

Marcus & Millichap is pleased to present for sale the best priced 16-unit RTI development deal at 7353 Milwood Avenue, Canoga Park, a site surrounded by affluent neighborhoods of Warner Center, Woodland Hills, West Hills, and Hidden Hills. This RTI project is offered at $93,125 per unit with on-grade parking. The property is located in close proximity to Warner Center, a leading commercial center with world class housing, convenient access to public transportation, and state of the art entertainment, shopping, and dining facilities. Three major shopping centers, Westfield Topanga mall, Westfield “ The Village” pedestrian-oriented community, and Westfield Promenade (to be completed by 2035 with an estimated capital infusion of $1.5 billion dollars) are located within a short distance from the subject site.

Investment Highlights

  • Best-priced Development Opportunity in Canoga Park
  • Property delivered with RTI permits for 16 units and on-grade parking
  • Offered at a very competitive price of $1,490,000 or $93,125 per door
  • Three (3) low income units; 9 parking spaces
  • Building height of 56 feet and 5 stories
  • Opportunity zone
  • Average unit size of 848 square feet
  • Zoning R3-TOC Tier 2

Exclusively Listed By

Listing Price: $1,490,000

Lot Size
0.17 acres
Price/Acre
$8,653,920
Land Type
Redevelopment
Buildable Square Feet
16,798

Investment Highlights

  • Best-priced Development Opportunity in Canoga Park
  • Property delivered with RTI permits for 16 units and on-grade parking
  • Offered at a very competitive price of $1,490,000 or $93,125 per door
  • Three (3) low income units; 9 parking spaces
  • Building height of 56 feet and 5 stories
  • Opportunity zone
  • Average unit size of 848 square feet
  • Zoning R3-TOC Tier 2

Investment Overview

Marcus & Millichap is pleased to present for sale the best priced 16-unit RTI development deal at 7353 Milwood Avenue, Canoga Park, a site surrounded by affluent neighborhoods of Warner Center, Woodland Hills, West Hills, and Hidden Hills. This RTI project is offered at $93,125 per unit with on-grade parking. The property is located in close proximity to Warner Center, a leading commercial center with world class housing, convenient access to public transportation, and state of the art entertainment, shopping, and dining facilities. Three major shopping centers, Westfield Topanga mall, Westfield “ The Village” pedestrian-oriented community, and Westfield Promenade (to be completed by 2035 with an estimated capital infusion of $1.5 billion dollars) are located within a short distance from the subject site.

Exclusively Listed By

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