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7028 Alabama Ave
Canoga Park, CA 91303 Woodland Hills

$1,745,000 USD

Apartments For Sale  •  7,167 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,167 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1977
  • Cap Rate 5.93 %
  • Zoning R3
56 Transit Score
86 Walk Score

Highlights

Adjacent to Warner Center
2.5 blocks north of Vanowen, west of Canoga
Substanital redevelopment opportunity
Built in 1977
Gated sub-terranean parking - 12 spaces
All one bedroom, one bath units

Property Flyers

Financial Summary (Actual)

Net Operating Income: $103,561 USD (2024)
Cap Rate: 5.93 %
Total Expenses: $85,352 USD

Amenities

  • 24 Hour Access
  • Kitchen

Public Transportation

Commuter RailDriveWalkDistance
Chatsworth (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 4.1 mi
Northridge (Pacific Surfliner - Amtrak) 12 min - 5.3 mi
AirportDriveWalkDistance
Bob Hope 27 min - 15.5 mi
Los Angeles International 38 min - 27.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Covered
Included in Rent: Yes
Taylor Burnside 818-865-8305 Hanes Investment Realty, Inc.
Taylor Burnside 818-865-8305 Hanes Investment Realty, Inc.