36-Unit Apartment Building in Canoga Park

The Ghobadi Multifamily Investment Team of Colliers is pleased to present the sale of this 36-unit apartment building located at 21921 Lanark Street, Canoga Park, CA 91304. Built in 1965, the unit mix is comprised of one studio, eight 1 Bed/1 Bath, seventeen 2 Beds/1 Bath, one 2 Bed/1.5 Bath, two 2 Bed/2 Bath, and seven 3 Bed/2 Bath totaling approximately 32,360 rentable square feet resting on approximately 33,925 square feet of land which is zoned LAR3. The property does offer an on-site laundry facility, as well as ample parking for the tenants. In addition, the property is located just across the street from Lanark Park. This building makes a great investment property to a potential investor looking for a bigger apartment complex in a densely populated area with upside potential in rent.

This building is located just east of Topanga Canyon Boulevard and just south of Roscoe Boulevard. This property offers the great location of being situated directly across from Lanark Park for the tenants to enjoy and is just a short distance from the main boulevards. It’s in close proximity to plenty of restaurants, shops, and stores.

For Sale