15
See all 15 photos
$5,100,000
Est. payment /mo
24 Beds
24 Baths
11,765 SqFt
New
7018 Alabama AVE Canoga Park, CA 91303
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 11,765 sqft
Price per Sqft $433
MLS Listing ID 26639467
Bedrooms 24
HOA Y/N No
Year Built 2020
Lot Size 7,501 Sqft
Property Description
We are pleased to present the 2020-constructed, nine-unit multifamily community located at 7018 Alabama Avenue in Canoga Park, California, within a quarter mile of Westeld Topanga and The Village. The Offering features a highly desirable unit mix consisting of four two-bed/two-bath ats, one three-bed/three-bath townhouse, three three-bed/three-bath + den townhouses, and one four-bed/four-bath townhouse, catering to high-income households seeking space, privacy, and modern nishes. The property benets from its location within the rapidly evolving West Valley submarket, and from its immediate proximity to Warner Center, an established and expanding employment and lifestyle hub. Warner Center is currently experiencing over $5 billion in capital investment across major ofce, retail, hospitality, and residential developments, reinforcing long-term demand fundamentals. Additionally, the Offering is surrounded by afuent, high-barrier neighborhoods including Woodland Hills, Calabasas, Hidden Hills, and West Hills, and is a short drive to Westeld Topanga and The Village, the third-largest shopping center in the United States, offering best-in-class retail, dining, and entertainment amenities.The Offering is a townhouse-style, non-rent-controlled luxury community representing one of the newer-vintage multifamily assets in the West Valley. Residences are designed with open oor plans, expansive windows, and generous balconies and sliders, delivering abundant natural light and indoor-outdoor living. Interior nishes include custom European cabinetry, Grohe xtures, quartz surfaces, hardwood ooring, digital climate control, and en-suite laundry, complemented by Samsung appliance packages, gas ranges, and full kitchens equipped with refrigerators, microwaves, dishwashers, and disposals. The community offers a curated set of modern amenities and infrastructure features uncommon for boutique assets, including a rooftop deck, EV-charger hookups, elevator access, secured storage areas, and a state-of-the-art security system with controlled/gated access and private nighttime security. These features support premium rents, tenant retention, and long-term asset competitiveness.Furthermore, the property boasts walkable access to the Metro Orange Line, providing direct connectivity to North Hollywood and the broader Los Angeles transit network. Overall, this turnkey, non-rent-controlled investment presents a rare opportunity to acquire a 2020-vintage luxury multifamily asset in a supply-constrained, high-income West Valley location with strong demographic tailwinds and long-term growth drivers.
Location
State CA
County Los Angeles
Area Cp - Canoga Park
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Microwave, Refrigerator
Exterior
Parking Features Assigned
Building
Story 4
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 2138013009
Special Listing Condition Standard
Listed by Filip Niculete Marcus & Millichap
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