Five-Unit Apartment Income
For Sale
Contact for pricing
Pending
7228 Independence, Canoga Park, CA 91303
Built in 2009 and currently fully occupied, this five-unit apartment property offers a straightforward, modern income setup.
Property SizeContact for details
Days on Market61
Property Features for 7228 Independence
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
5
Building Details
Year Built
2009
Listing Agency:
RE/MAX One
Listed By:
Meline Khacheryan · License #02160104
Source:
Crexi
Added: Jun 8
Changed: Jul 10
Last Checked: Jul 24 at 10:33AM
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 RE/MAX One
Investment Insights
Based on property information with market context.
Built in 2009, this well-maintained five-unit apartment income property has been cared for and is presented as a turnkey acquisition. The building is currently fully occupied, with all units leased. The offering is also noted as having no rent control.
The property is located at 7228 Independence in Canoga Park, California, close to The Village at Topanga and major shopping and retail destinations, including Westfield shopping center in Woodland Hills. It is also described as near Costco and the Warner Center.
For investors and buyers seeking a modern, small-multifamily asset, the current full occupancy and five-unit configuration provide an immediately usable structure for rental operations. With construction dating to 2009 and the property described as meticulously maintained, it may appeal to buyers who want an income-focused acquisition without needing to source tenants at the outset. Prospective buyers are encouraged to review income, lease terms, and operating details as part of their due diligence, including the stated “no rent control” status.
The property is located at 7228 Independence in Canoga Park, California, close to The Village at Topanga and major shopping and retail destinations, including Westfield shopping center in Woodland Hills. It is also described as near Costco and the Warner Center.
For investors and buyers seeking a modern, small-multifamily asset, the current full occupancy and five-unit configuration provide an immediately usable structure for rental operations. With construction dating to 2009 and the property described as meticulously maintained, it may appeal to buyers who want an income-focused acquisition without needing to source tenants at the outset. Prospective buyers are encouraged to review income, lease terms, and operating details as part of their due diligence, including the stated “no rent control” status.
Key Highlights
- Built in 2009, offering a modern 5‑unit apartment building.
- All 5 units are currently fully occupied.
- Income‑producing property with established rental income and immediate cash flow.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,931
Businesses Nearby
Explore this area
Business Placement
Demographics for 91303, CA
28,457
Population
11,073
Households
2.6
Avg Household Size
34
Median Age
25%
College-Educated
77%
High-School Grad
2.1 sq mi
ZIP Area
13,551
Density / Sq Mi
$76,051
Median Household Income
$35,649
Median Earnings
$1,983
Median Rent
$645,300
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 - Built in 2009 and currently fully occupied, this five-unit apartment property offers a straightforward, modern income setup.
Where is this apartment building located?
The property is located at 7228 Independence Canoga Park, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Built in 2009, offering a modern 5‑unit apartment building.; All 5 units are currently fully occupied.; Income‑producing property with established rental income and immediate cash flow.
