Log In/Sign Up
Your email has been sent.
$1.4M Price Redux | 28 Townhomes, 2005YB 6737 De Soto Ave 28 Unit Apartment Building $18,451,799 CAD ($658,993 CAD/Unit) 6% Cap Rate Canoga Park, CA 91303
Investment Highlights
- Price Reduced by $1.4 Million!
- Rare opportunity to purchase “home-like” units averaging 1,530± square feet
- Prime Warner Center location; walk to Pierce College; Within minutes of the massive Rams Village Development, Westfield Topanga Mall, Topanga Village
- 28 beautiful three-level townhome units; built as condos in 2005 with final condo tract map
- Priced far below replacement cost at $319 PSF; 6% cap rate
- Potential condo exit
Executive Summary
Property website with OM: https://properties.berkadia.com/warner-center-townhomes-490311/
Call us directly if you would like to tour!
We’re excited to announce a tremendous $1.4 million price reduction for Warner Center Townhomes, a 28-unit community built in 2005 with a condo tract map. Currently being operated as an apartment community, 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 walking distance to Pierce College. Easy access to Kaiser Permanente Woodland Hills Medical Center and the 101 Freeway. Priced far below replacement cost at $319 PSF, Warner Center Townhomes affords an investor an attractive 6% going in cap rate and an opportunity to own in a high-growth area with potential for a condo exit.
Call us directly if you would like to tour!
We’re excited to announce a tremendous $1.4 million price reduction for Warner Center Townhomes, a 28-unit community built in 2005 with a condo tract map. Currently being operated as an apartment community, 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 walking distance to Pierce College. Easy access to Kaiser Permanente Woodland Hills Medical Center and the 101 Freeway. Priced far below replacement cost at $319 PSF, Warner Center Townhomes affords an investor an attractive 6% going in cap rate and an opportunity to own in a high-growth area with potential for a condo exit.
Property Facts
| Price | $18,451,799 CAD | Building Class | B |
| Price Per Unit | $658,993 CAD | Lot Size | 0.49 AC |
| Sale Type | Investment | Building Size | 42,376 SF |
| Cap Rate | 6% | No. Stories | 3 |
| No. Units | 28 | Year Built | 2005 |
| Property Type | Multifamily | Parking Ratio | 1.32/1,000 SF |
| Property Subtype | Apartment | Cross Streets | Vanowen Street |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | WC - Commercial, Warehouse | ||
| Price | $18,451,799 CAD |
| Price Per Unit | $658,993 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.49 AC |
| Building Size | 42,376 SF |
| No. Stories | 3 |
| Year Built | 2005 |
| Parking Ratio | 1.32/1,000 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 | $12,937,808 CAD |
| Land Assessment | $5,065,109 CAD | Total Assessment | $18,002,917 CAD |
Property Taxes
Parcel Number
2148-027-048
Land Assessment
$5,065,109 CAD
Improvements Assessment
$12,937,808 CAD
Total Assessment
$18,002,917 CAD
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
$1.4M Price Redux | 28 Townhomes, 2005YB | 6737 De Soto Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.