7323 Independence Avenue

Canoga Park, CA 91303

$4,600,000
Price
3
Beds
23
Baths
17,666 Sq. Ft.
$260 / Sq. Ft.
17,666
Sq. Ft.
$260
per Sq. Ft.

Description

7323 Independence Ave. in the City of Canoga Park, CA is a 20 unit apartment building. Onsite laundry and is owned by Owner (Not leased). Tremendous upside in rents. Two Story Apartment Building on 22,603 SF Lot. 3 @ 2+2 and 17 @ 1+1.7323 Independence Ave. in the City of Canoga Park, CA is a 20 unit apartment building. Onsite laundry and is owned by Owner (Not leased). Tremendous upside in rents. Two Story Apartment Building on 22,603 SF Lot. 3 @ 2+2 and 17 @ 1+1.
  1. Listed by Brett Howard • DRE #01120327 • Brokerage DRE #01885613 • Howard Realty Group • brettahoward@aol.com

Property Details for 7323 Independence Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
20.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
17666
Assessor Parcel Number
2112-020-012
Property Attached YN
true
LISTING UPDATED: 09/30/2024 04:24 AM

Property Details for 7323 Independence Avenue

StatusActive
MLS #BB24057830
Days on Market244
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
CountyLos Angeles County

Building Information for 7323 Independence Avenue

Building/Complex7323 Independence AveFloor-Stories2Residences-Pet Policy-Year Built1959Building Size-

Property Information for 7323 Independence Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $375,790
  • Gross Scheduled Income: $375,790
  • Net Operating Income: $272,407
Expense Details
  • Operating Expense: $103,383
  • Fuel Expense: $1
  • Electric Expense: $1
  • Insurance Expense: $1
  • Professional Management Expense: $1
  • Trash Expense: $1
  • Water Sewer Expense: $1
  • Total Expenses: $103,383
Tax / Assessment Info
  • Tax Tract Number: 1
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 40
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 20000-39999 Sqft
  • Number Of Units: 20
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1
  • Unit Type Total Rent: $1
  • Unit Type Pro Forma: 1
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 17
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 17
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1
  • Unit Type Total Rent: $1
  • Unit Type Pro Forma: 1
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 20
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 7323 Independence Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7323 Independence Avenue

Taxable ValueLand$1,319,676Additions$1,985,406Total$3,305,082
Tax Record2024$42,390 ($3,532 / month)
Home Facts
Total Finished SqFt17,666 SqFtAbove Grade Finished SqFt17,666 SqFtLot Size22,603 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningLAR3CountyLOS ANGELESAPN2112-020-012

Schools near 7323 Independence Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Hart Street Elementary School
PublicK to 5

Christopher Columbus Middle School
Public6 to 8

Canoga Park Senior High School
Public9 to 12

Multicultural Learning Center
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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7323 Independence Avenue is a multi-family home for sale in Canoga Park, CA 91303. This property was listed for sale on March 22, 2024 by Howard Realty Group, it's currently listed at $4,600,000. It has been on the market for a total of 244 days and was last sold on December 18, 2014. This listing's school district is Los Angeles Unified School District. Nearby schools include Hart Street Elementary School, Christopher Columbus Middle School and Canoga Park Senior High School. 7323 Independence Avenue is a 3-bed, 23-bath, 17,666 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Howard Realty Group, Brett Howard, DRE #01120327

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.