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$5,299,000
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Property Description
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.
Full Property Details
Full Property Details for 7233 Loma Verde Ave
General
- Sold For: $5,299,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SR25201389
- Added to Site: 134 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 64
- Parking Features: Assigned, Garage, Garage Faces Front
- Parking: Assigned, Garage, Garage Faces Front
Location
- Area: CP - Canoga Park
- County: Los Angeles
- Development Name: CP - Canoga Park
- Driving Directions: North of Sherman Way and West of De Soto Ave
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 30
- # Electric Meters: 30
Structural Information
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 29,250
- Year Built: 1988
Unit Information
Unit 1
- Number of Units: 18
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 12
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.293
- Lot Size Source: Assessor
- Zoning: LAR3
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $181.16
- Price Per Unit: 216667
Listed and Sold by Pinnacle Estate Properties, Angela Parekh
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Schools
Schools serving 7233 Loma Verde Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Hart Street Elementary School 21040 Hart St., Los Angeles, CA 91303 | PK-5 | 0.4 mi |
Christopher Columbus Middle School 22250 Elkwood St., Los Angeles, CA 91304 | 6-8 | 1.4 mi |
Canoga Park Senior High School 6850 Topanga Canyon Blvd., Los Angeles, CA 91303 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7233 Loma Verde Ave
Date
Details
Price
Change
Source
1/02/2026
Sold
$5,299,000
-18.48%
MLS
9/08/2025
Listed
$6,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7233 Loma Verde Avenue, Canoga Park, CA 91303 (MLS# SR25201389) is a Multi-Family property that was sold at $5,299,000 on January 02, 2026. Want to learn more about 7233 Loma Verde Avenue? Do you have questions about finding other Multi-Family real estate for sale in Canoga Park? You can browse all Canoga Park real estate or contact a Coldwell Banker agent to request more information.

