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Modern MultiFamily with Rooftop Patio at 7357 Eton Ave

Modern MultiFamily with Rooftop Patio at 7357 Eton Ave
FOR SALE
View more

$4,950,000

7357 Eton Avenue, Canoga Park, CA 91303

14,026 SF

Square Feet

$353

PPSF

3.81%

CAP

Property Description

NOI

$188,769

Cap Rate

3.81%

• 2010 construction

• All two-bedroom units

• Not subject to LA or Statewide rent control

• Corner lot

• Rooftop Patio with great view

• 28 on-grade and secured parking spaces

• Laundry room on each floor

• Central A/C and Heat

• Security camera system

• Granite counter tops and wooden kitchen cabinets

• Two parking spaces for each unit

• Short drive to Warner Center, Topanga Westfield Shopping Mall, Village at Topanga


Property Details

Asset Type

MultiFamily

Year Built

2010

Zoning

LAR3

Lot Size

11,265 SF

Submarket

Canoga Park

ZIP

91303

Listing Type

sale

Net Operating Income (NOI)

$299,482

Debt Service Coverage Ratio (DSCR)

1.06x

Cap Rate

6.05%

Cash Flow (Annual)

$17,895

Cash-on-Cash Return

1.45%

Monthly Debt Service

$23,466

Annual Debt Service

$281,586

View on Map

Address

7357 Eton Avenue

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Canoga Park MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

Contact the Listing Team

Reza Ghobadi

Reza Ghobadi

Executive Vice President

37 closed

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Reza Ghobadi

Reza Ghobadi

Executive Vice President

37 closed

Call