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28 Townhomes | Condo Map | 2005 YB | Tour 4/8 6737 De Soto Ave 28 Unit Apartment Building $20,457,402 CAD ($730,621 CAD/Unit) 5.40% Cap Rate Canoga Park, CA 91303
Investment Highlights
- OPEN HOUSE: Wednesday, April 8th | 11:00 AM - 2:00 PM
- Rare opportunity to purchase “home-like” units averaging 1,530± square feet
- Priced far below replacement cost at $348 PSF; attractive cap rate and returns in high-growth area
- 28 beautiful three-level townhome units; built as condos in 2005 with final condo tract map
- Prime Warner Center location; walk to Pierce College; Within minutes of the massive Rams Village Development, Westfield Topanga Mall, Topanga Village
- Potential condo exit
Executive Summary
OPEN HOUSE: Wednesday, April 8th | 11:00 AM - 2:00 PM
Property website with OM: https://properties.berkadia.com/warner-center-townhomes-490311/
We are excited to exclusively offer for sale, Warner Center Townhomes: 28 beautiful 3-level Townhome units in a prime Warner Center location, walking distance to Pierce College. Built as condos in 2005 with a Final Condo Tract Map, the units are spacious and “home-like” averaging 1,530± SF. Units feature high-end finishes including quartz countertops, stainless-steel appliances, wood “style” flooring, and an in-unit laundry room with full, sized washer and dryer. The property is within 5 minutes of the massive Rams Village Development, Westfield Topanga Mall, Topanga Village, and a variety of shopping and dining options. Easy access to Kaiser Permanente Woodland Hills Medical Center and the 101 Freeway. Priced far below replacement cost at $352 psf, the asset offers an attractive cap rate and returns in a high growth area.
Property website with OM: https://properties.berkadia.com/warner-center-townhomes-490311/
We are excited to exclusively offer for sale, Warner Center Townhomes: 28 beautiful 3-level Townhome units in a prime Warner Center location, walking distance to Pierce College. Built as condos in 2005 with a Final Condo Tract Map, the units are spacious and “home-like” averaging 1,530± SF. Units feature high-end finishes including quartz countertops, stainless-steel appliances, wood “style” flooring, and an in-unit laundry room with full, sized washer and dryer. The property is within 5 minutes of the massive Rams Village Development, Westfield Topanga Mall, Topanga Village, and a variety of shopping and dining options. Easy access to Kaiser Permanente Woodland Hills Medical Center and the 101 Freeway. Priced far below replacement cost at $352 psf, the asset offers an attractive cap rate and returns in a high growth area.
Property Facts
| Price | $20,457,402 CAD | Lot Size | 0.49 AC |
| Price Per Unit | $730,621 CAD | Building Size | 41,452 SF |
| Sale Type | Investment | Average Occupancy | 93% |
| Cap Rate | 5.40% | No. Stories | 3 |
| No. Units | 28 | Year Built | 2005 |
| Property Type | Multifamily | Parking Ratio | 1.35/1,000 SF |
| Property Subtype | Apartment | Cross Streets | Vanowen Street |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | WC - Commercial, Warehouse | ||
| Price | $20,457,402 CAD |
| Price Per Unit | $730,621 CAD |
| Sale Type | Investment |
| Cap Rate | 5.40% |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.49 AC |
| Building Size | 41,452 SF |
| Average Occupancy | 93% |
| No. Stories | 3 |
| Year Built | 2005 |
| Parking Ratio | 1.35/1,000 SF |
| Cross Streets | Vanowen Street |
| Opportunity Zone |
Yes |
| Zoning | WC - Commercial, Warehouse |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Fireplace
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- High Speed Internet Access
- Sprinkler System
- Stainless Steel Appliances
- Views
- Walk-In Closets
Site Amenities
- 24 Hour Access
- Controlled Access
- Gated
- Pet Play Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 1,000 |
| 3+3 | 27 | - | 1,550 |
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 2148-027-048 | Improvements Assessment | $12,948,009 CAD |
| Land Assessment | $5,069,103 CAD | Total Assessment | $18,017,113 CAD |
Property Taxes
Parcel Number
2148-027-048
Land Assessment
$5,069,103 CAD
Improvements Assessment
$12,948,009 CAD
Total Assessment
$18,017,113 CAD
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28 Townhomes | Condo Map | 2005 YB | Tour 4/8 | 6737 De Soto Ave
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