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Sold for $5,299,000
    • Listed by: Pinnacle Estate Properties • Angela Parekh • Contact: 818-993-7370
    Bought with: Pinnacle Estate Properties
    $5,299,000

    7233 Loma Verde Ave, Canoga Park, CA 91303

    42beds
    30baths
    29,250sqft
    Multi Family
    Built in 1988
    -- sqft lot
    $5,255,000 Zestimate®
    $181/sqft
    $3,096 Estimated rent

    Home value

    $5,255,000

    $4.78M - $5.78M

    $3,096/mo

    Zestimate® history
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    What's special

    Exceptional Investment Opportunity – 30 Units | 29,250 SqFt of living space!! Proudly offered in the highly desirable Canoga Park area, this 30-unit apartment community spans 29,250 square feet of living space and features an attractive unit mix of 12 two-bedroom/two-bath units and 18 one-bedroom/one-bath units—an ideal configuration to capture strong rental demand. The property offers tremendous upside potential, appealing to investors seeking long-term growth and value-add opportunities. Residents enjoy a range of amenities including on-site parking, secure gated entry, and laundry facilities, all of which enhance tenant convenience and retention. Each unit is individually metered for gas and electricity, reducing ownership expenses and improving operational efficiency. The building has been exceptionally well maintained, positioning it as a turnkey acquisition. Located in one of the San Fernando Valley’s most dynamic rental corridors, tenants benefit from close proximity to Westfield Topanga Mall, The Village at Topanga, Costco, Home Depot, and Colleges, as well as easy access to the 101 Freeway and public transit.

    Zillow last checked:

    Listing updated:

    Listed by:

    Angela Parekh DRE #01186271 818-207-9739,

    Pinnacle Estate Properties

    Bought with:

    Angela Parekh, DRE #01186271

    Pinnacle Estate Properties

    Source: CRMLS,MLS#: SR25201389MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 42
    • Bathrooms: 30
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 29,250
    • Total interior livable area: 29,250 sqft

    Property

    Parking
    • Total spaces: 64
    • Parking features: Assigned, Garage Faces Front, Garage
    • Garage spaces: 64
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.29 Acres
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 2112018017
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Street Lights, Suburban, Sidewalks
    Location
    • Region: Canoga Park

    Financial & listing details

    • Price per square foot: $181/sqft
    • Date on market: 9/8/2025
    • Cumulative days on market: 90 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Tenant pays: Cable TV, Electricity, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/2/2026Sold$5,299,000-18.5%$181/sqft
    Source: CRMLS #SR25201389 Report a problem
    12/22/2025Pending sale$6,500,000$222/sqft
    Source: CRMLS #SR25201389 Report a problem
    10/8/2025Contingent$6,500,000$222/sqft
    Source: CRMLS #SR25201389 Report a problem
    10/1/2025Listed for sale$6,500,000$222/sqft
    Source: CRMLS #SR25201389 Report a problem
    9/20/2025Contingent$6,500,000$222/sqft
    Source: CRMLS #SR25201389 Report a problem
    9/8/2025Listed for sale$6,500,000$222/sqft
    Source: CRMLS #SR25201389 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Canoga Park

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    Estimated market value
    $5,255,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,255,000

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