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$2,495,000
Est. payment /mo
12 Beds
8 Baths
6,200 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,200 sqft
Price per Sqft $402
MLS Listing ID 26833797
Bedrooms 12
HOA Y/N No
Year Built 2023
Lot Size 5,000 Sqft
Property Description
Repriced. Reintroduced. Ready. 21721 Hart St is a 2023-built, four-unit apartment building delivering over 6,000 square feet of institutional-quality multifamily in the heart of the West Valley, now offered with a $100,000 price improvement that sharpens the entry on one of the most operationally clean assets in the submarket. Built to current code, equipped with rooftop solar and individually metered utilities, and finished with open floor plans, oversized windows, and private balconies, the property pairs new-construction economics with minimal deferred maintenance, low operating drag, modern systems through their useful-life runway, with an infill location that institutional capital has been quietly accumulating for three years. A projected 5.3% stabilized cap rate sits well above what most newer-construction product is trading for in the immediate area. Positioned minutes from Rams Village, Westfield Topanga, the Calabasas border, and the 101 corridor, 21721 Hart St offers durable rental demand from one of LA's strongest tenant pools and the kind of long-term locational tailwind that doesn't show up in a trailing T-12. At the new price, the math finally meets the location.
Location
State CA
County Los Angeles
Area Cp - Canoga Park
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplace No
Appliance Dishwasher, Gas Cooktop, Microwave
Exterior
Parking Features Gated
Pool None
Total Parking Spaces 8
Private Pool No
Building
Story 3
Entry Level Three Or More
Foundation Slab
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 2138004010
Special Listing Condition Standard
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Listed by Armin Soleimani Global Platinum Properties, Inc. #01846872
NEARBY SCHOOL & BUSINESS
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