7233 Loma Verde Avenue Canoga Park, CA $ 6,500,000
7233 Loma Verde Avenue
$ 6,500,000
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7233 Loma Verde Avenue

Canoga Park, CA, 91303
$ 6,500,000
Baths1.0 Sq 29,250

Monthly Estimate*

$ 40,552

Listed by Pinnacle Estate Properties
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Studio

Multi-Family Home for sale in Canoga Park, CA

for $6,500,000 with 1 full bath. This 29,250 square foot home was built in 1988 on a lot size of 0.293.

Exceptional Investment Opportunity – 30 Units | 29,250 SqFt of living space!! Proudly offered in the highly desirable Canoga Park area, this 30-unit apartment community spans 29,250 square feet of living space and features an attractive unit mix of 12 two-bedroom/two-bath units and 18 one-bedroom/one-bath units—an ideal configuration to capture strong rental demand. The property offers tremendous upside potential, appealing to investors seeking long-term growth and value-add opportunities. Residents enjoy a range of amenities including on-site parking, secure gated entry, and laundry facilities, all of which enhance tenant convenience and retention. Each unit is individually metered for gas and electricity, reducing ownership expenses and improving operational efficiency. The building has been exceptionally well maintained, positioning it as a turnkey acquisition. Located in one of the San Fernando Valley’s most dynamic rental corridors, tenants benefit from close proximity to Westfield Topanga Mall, The Village at Topanga, Costco, Home Depot, and Colleges, as well as easy access to the 101 Freeway and public transit.

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Multi-Family Contingent

Price

$ 6,500,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.293

Year Built

1988

Town/City

Canoga Park

County/Region

Los Angeles

MLS | Web ID

SR25201389

Days on Market

103

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Zoning LAR3
Garage Spaces 64
Pool Features None
Year Built 1988
Tenant Pays Cable TV Electricity Gas
View None
Stories Count 1
Levels One
Property Subtype Apartment
Gross Income 562044
Community Features Street Lights Suburban Sidewalks
Accessibility Parking
County Los Angeles
Net Operating Income 350192
Operating Expense 211852
Insurance Expense 14063
New Construction false
Property Type Residential Income
Contingency Subject to cancellation of previous escrow.
Garage Y/N true
Special Listing Conditions Standard
Status Active Under Contract
Directions North of Sherman Way and West of De Soto Ave
City Canoga Park
Entry Location 1
Senior Community Y/N false
Number Of Units Total 30
MLS Area CP - Canoga Park
Lot Size Units Square Feet
Lot Size Square Feet 12765
Listing Terms Cash Cash to New Loan Conventional
Property Attached Y/N true
Land Lease Y/N false
Fuel Expense 8422
Trash Expense 23675
Water Sewer Expense 51320
Additional Parcels Y/N false
Rent Control Y/N true
Virtual Tour https://tour.firstimpressionsla.com/order/a353e135-9ffd-449e-3f6d-08dde60a5244?branding=false https://tour.firstimpressionsla.com/order/a353e135-9ffd-449e-3f6d-08dde60a5244
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 47
Property Sub Type Additional Apartment
Taxes 81250
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Common Area
Entry Level 2
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Exterior
Parking Features Assigned Garage Faces Front Garage
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 64
Lot Size Area 12765
Number of Buildings 1
Building Area Total 29250
Lot Size Acres 0.293
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 30
Number of Separate Electric Meters 30
Road Frontage Type City Street
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* Excluded Features
List By
Pinnacle Estate Properties

Broker

angelaparekh@gmail.com

Email

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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$6,500,000 Listed Price

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7233 Loma Verde Avenue, Canoga Park, CA, 91303 is a Multi-Family Home for sale at $6,500,000 with 29,250 sqft and a lot size of 0.293. 7233 Loma Verde Avenue is a studio with 1.0 baths and was built in 1988. The property's zip code is 91303 which is in Canoga Park, CA