Upgraded Condo with Spacious
For Sale
$459,900
18217 Flynn Drive #116 Canyon, Canyon Country, CA 91387
Updated 2-bedroom condo with loft, modern amenities, and convenient location.
Property Size1,085 SF
Price / SF$423.87
Days on Market475
Property Features for 18217 Flynn Drive #116 Canyon
General Information
Standard status
Active
Size
1,085 SF
Property subtype
Condominium
Building Details
Year Built
1990
Listing Agency:
Keller Williams VIP Properties
(661) 510-6072
Listed By:
David Sevanian · License #01275548
(661) 510-6072
Source:
Kw
Added: Apr 16, 2025
Changed: Jul 6
Last Checked: Aug 3 at 11:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams VIP Properties
Investment Insights
Based on property information with market context.
Located in the Canyon Park Village community, this upgraded 2-bedroom, 2-bath upper-level condo features a spacious loft. The residence offers an open layout with 12-foot vaulted ceilings in the living room and both bedrooms, enhanced by natural light. The living area includes a fireplace, flowing into the dining space and a modern kitchen equipped with LG stainless steel appliances, including a smart "ThinQ" fridge, and an oversized farmhouse-style sink. Both bedrooms are generously sized with mirrored closet doors and ample closet space. The bathrooms have been updated with new fixtures, sleek faucets, and Kohler-brand toilets. A spiral staircase leads to the loft, suitable for a home office or additional space. Comfort is ensured with new carpeting, a newer central A/C system, and in-unit stackable laundry. The property includes a private tandem two-car garage, fully drywalled, with a newer roll-up garage door and a Chamberlain ultra-quiet motor. Community amenities include a pool and spa. The condo is located less than a mile from shopping and dining options, including Costco, Planet Fitness, and Stater Brothers market. The property size is 1085 square feet.
Key Highlights
- Completely upgraded and meticulously maintained 2 bedroom, 2 bath upper‑level condo with a spacious loft in the desirable Canyon Park Village community.
- Features soaring 12‑foot vaulted ceilings, abundant natural light, and an open layout ideal for both relaxing and entertaining.
- Modern kitchen with LG stainless steel appliances, including a smart "ThinQ" fridge, and an oversized farmhouse‑style sink.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.2k | $28.80 |
| − Vacancy | −$1.4k | −$1.30 |
| EGI | $29.8k | $27.50 |
| − OpEx | −$13.4k | −$12.38 |
| NOI | $16.4k | $15.13 |
1,085 SF · lease $28.80/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$234.5K
$205.2K – $273.6K
NOI $16,413 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$271.9K
$237.9K – $317.2K
NOI $19,034 @ 7.0% cap · market cap 4.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Explore this area
Business Placement
Demographics for 91387, CA
45,749
Population
14,938
Households
3.1
Avg Household Size
36
Median Age
34%
College-Educated
89%
High-School Grad
53.4 sq mi
ZIP Area
857
Density / Sq Mi
$114,378
Median Household Income
$51,036
Median Earnings
$2,499
Median Rent
$695,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated 2-bedroom condo with loft, modern amenities, and convenient location.
Where is this apartment building located?
The property is located at 18217 Flynn Drive #116 Canyon Canyon Country, CA.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Completely upgraded and meticulously maintained 2 bedroom, 2 bath upper‑level condo with a spacious loft in the desirable Canyon Park Village community.; Features soaring 12‑foot vaulted ceilings, abundant natural light, and an open layout ideal for both relaxing and entertaining.; Modern kitchen with LG stainless steel appliances, including a smart "ThinQ" fridge, and an oversized farmhouse‑style sink.
