Under Contract

8371 Northgate Avenue

Canoga Park CA, 91304

$4,100,000


$257.54 per sqft

Under Contract

32 Beds

25 Baths

15,920 sqft

Residential

Built in 1964

Listed by Gayle Factor with Marcus & Millichap 818-212-2700

Price Reduced by $450,000. The actual rent is from the rent roll as of February, 2024. The subject property is a 22 unit apartment building located at 8371 Northgate Avenue, Canoga Park, CA 91304. The property was built in 1964 and is located north of Roscoe Boulevard and just east of Topanga Canyon Boulevard on a cul de sac. The unit mix consists of thirteen one-bedroom/one-bath units, five two-bedroom/one-bath units, one two-bedroom/one and a half-bath unit, two two-bedroom/two-bath units, and one three-bedroom/two-bath unit. The building has an interior courtyard. There is a laundry room and the laundry machines are owned by the Seller. There is an assumable loan with Luther Burbank Savings in the amount of $1,500,000, fixed at 3.80% interest only, through August 2025, then the loan adjusts. The maturity date is August 1, 2050 and the amortization is 30 years.

23330553

MLS ID

November 10, 2023

Listed

May 9, 2024

Updated

Map

8371 Northgate Avenue
Canoga Park CA, 91304

Interior Features

Total Stories

2


Bedrooms

32


Total Bathrooms

25


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.4 Acres

Other Property Details

Area Name

CP - Canoga Park


Days on Market

150


Garage

No


Parking

Covered, Uncovered


Parking Total

22


View

No


County

Los Angeles


Pool

No


Zoning

LAR3


Buyer Agency Compensation

1.5%

Listing History

Date

Event

Price

3/3/2024

Under Contract

1/26/2024

Price Change

$4,100,000

-10%

Listing Contact: 818-212-2700 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 1:35 PM UTC

 

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