8371 Northgate Avenue Canoga Park, CA ^$ 4,100,000

8371 Northgate Avenue

^$ 4,100,000

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8371 Northgate Avenue

Canoga Park, CA, 91304

^$ 4,100,000

Studio Baths0.0 Sq 15,920

Monthly Estimate*

^$ 28,640

8371 Northgate Avenue, Canoga Park, CA 91304 - Image 1

8371 Northgate Avenue, Canoga Park, CA 91304 - Image 2

8371 Northgate Avenue, Canoga Park, CA 91304 - Image 3

8371 Northgate Avenue, Canoga Park, CA 91304 - Image 4

8371 Northgate Avenue, Canoga Park, CA 91304 - Image 5

8371 Northgate Avenue, Canoga Park, CA 91304 - Image 6

8371 Northgate Avenue, Canoga Park, CA 91304 - Image 7

Studio

Multi-Family Home for sale in Canoga Park, CA

for $4,100,000. This 15,920 square foot home was built in 1964 on a lot size of 0.4.

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.

Multi-Family Contingent

Price

^$ 4,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.4

Year Built

1964

Town/City

Canoga Park

County/Region

Los Angeles

MLS | Web ID

0023330553

Features

General

Zoning LAR3

Year Built 1964

Levels Two

County Los Angeles

Net Operating Income 227310.0

New Construction No

Property Type C

HOA / Comm Assn No

Contingency Active Under Contract

Status Active Under Contract

City Canoga Park

Buyer Agent Compensation 1.50

Senior Community Y/N No

MLS Area CP - Canoga Park

Lot Size Square Feet 17567.0

Street Name Northgate

Standard Status Active Under Contract

Buyer Agent Compensation Type %

Exterior

Parking Features Uncovered Covered

Lot Size Area 17567.0

Building Area Total 15920.0

Lot Size Acres 0.4

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Street Suffix Avenue

Total Baths 0

* Excluded Features

List By

Gayle Factor

Listing Agent

Marcus & Millichap

Broker

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$28,640

Per Month

Monthly Principal & Interest: $28,640
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Canoga Park, CA

Average List Price ^$2,718,878

Percent of Sale Price 34%

About Canoga Park, CA

75,226 Population

0% Since 2002

^$0 Median Income

0 Median Age

39% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/30/2024	$4,100,000	-9.89%	Price Down
11/11/2023	$4,550,000		Listed Price

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8371 Northgate Avenue, Canoga Park, CA, 91304 is a Multi-Family Home for sale at $4,100,000 with 15,920 sqft and a lot size of 0.4. 8371 Northgate Avenue is a studio with 0.0 baths and was built in 1964. The property's zip code is 91304 which is in Canoga Park, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/9/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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8371 Northgate Avenue

Multi-Family Home for sale in Canoga Park, CA

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