Sold Price: $3,843,975 | 14-Units
11,264 SF Lot | GRM: 14.77
ADDRESS
7357 Eton Avenue
Canoga Park, CA 91303
Team Ghobadi of Colliers International is proud to present the sale of “Crystal Villa,” this 14-Unit building located at 7357 Eton Avenue, Canoga Park, CA 91303.
The property was built in 2010 and is not subject to LA City Rent Control. The unit mix comprises (ten) 2-Bedroom + 2-Bathroom units and (four) 2-Bedroom + 1.5 Bathroom units totaling approximately 14,026 SF of rental space sitting on approximately 11,264 SF of land - Zoned (Q)R3-1.
This building has on-site laundry with one laundry room per floor - with a washer and 2 stacked dryers and has 28 parking spaces - 2 per unit. The property’s charm is immediately noticeable as you walk through the hallways featuring crown molding and framed pictures. It is located on a tree-lined street adjacent to Topanga Canyon Blvd., which is a main thoroughfare where tenants shop and ride bikes.
The Crystal Villa is in highly desirable Canoga Park, known for its cultural diversity, multitude of entertainment outlets, retail, and food options. This property is only a 6-minute drive to Pierce College and Warner Center. The Crystal Villa is located close to major freeways - 27, 101, and 405, and bus lines that can take tenants to DTLA, or the Westside.
PROPERTY HIGHLIGHTS
• Fully Leased with All Tenants Paying Rent
• Built in 2010 – Not subject to Rent Control
• Newer systems - solid, safe building, and structurally sound
• Meets strict regulations for fire and LA city requirements
• Separately metered for gas and electric
• Washer & Dryers are owned and incorporated into this sale
• One Laundry room per floor with a washer & 2 stacked dryers
• 8 months left on elevator contract/save money right away
• Each unit has 2 parking spaces
• 28 total parking spaces
• On-grade concrete parking garage
• Central ventilation in hallways
• Corridors have a fire damper unit
• A/C in all units
BUILDING INFORMATION
Year Built: 2010
Building SF: 11,264
Land SF: 14,026
Number of Buildings: 1
Number of Stories: 2
APN: 2112-025-028
Zoning: (Q)R3-1
Building Type: Multifamily/14-Units