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7018 Alabama Avenue
CP - Canoga Park Canoga Park 91303

$5,100,000
Residential Income beds: 24 baths: 24.0 11,765 sq. ft. built: 2020

Main Photo: 7018 Alabama Avenue in Canoga Park: Residential Income for sale (CP - Canoga Park)  : MLS®# 26639467
Photo 1: 7018 Alabama Avenue in Canoga Park: Residential Income for sale (CP - Canoga Park)  : MLS®# 26639467
Photo 2: 7018 Alabama Avenue in Canoga Park: Residential Income for sale (CP - Canoga Park)  : MLS®# 26639467
Photo 3: 7018 Alabama Avenue in Canoga Park: Residential Income for sale (CP - Canoga Park)  : MLS®# 26639467
Photo 4: 7018 Alabama Avenue in Canoga Park: Residential Income for sale (CP - Canoga Park)  : MLS®# 26639467
Photo 5: 7018 Alabama Avenue in Canoga Park: Residential Income for sale (CP - Canoga Park)  : MLS®# 26639467
Photo 6: 7018 Alabama Avenue in Canoga Park: Residential Income for sale (CP - Canoga Park)  : MLS®# 26639467
Photo 7: 7018 Alabama Avenue in Canoga Park: Residential Income for sale (CP - Canoga Park)  : MLS®# 26639467
Photo 8: 7018 Alabama Avenue in Canoga Park: Residential Income for sale (CP - Canoga Park)  : MLS®# 26639467
Photo 9: 7018 Alabama Avenue in Canoga Park: Residential Income for sale (CP - Canoga Park)  : MLS®# 26639467
Photo 10: 7018 Alabama Avenue in Canoga Park: Residential Income for sale (CP - Canoga Park)  : MLS®# 26639467
Photo 11: 7018 Alabama Avenue in Canoga Park: Residential Income for sale (CP - Canoga Park)  : MLS®# 26639467
Photo 12: 7018 Alabama Avenue in Canoga Park: Residential Income for sale (CP - Canoga Park)  : MLS®# 26639467
Photo 13: 7018 Alabama Avenue in Canoga Park: Residential Income for sale (CP - Canoga Park)  : MLS®# 26639467
Photo 14: 7018 Alabama Avenue in Canoga Park: Residential Income for sale (CP - Canoga Park)  : MLS®# 26639467
Photo 15: 7018 Alabama Avenue in Canoga Park: Residential Income for sale (CP - Canoga Park)  : MLS®# 26639467
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
26639467
Bedrooms:
24
Bathrooms:
24
Year Built:
2020
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.
Total Floor Area:
11,765 sq. ft.
Lot Area:
7,502 sq. ft.
Bedrooms:
24
Full Bathrooms:
0
Three Quarter Bathrooms:
0
Half Bathrooms:
0
One Quarter Bathrooms:
0
Bathrooms:
24.0 (Full:0, Half:0)
Year built:
2020 (Age: 6)
General Listing Location:
Canoga Park, CP - Canoga Park
County Or Parish:
Los Angeles
Gross Income:
$382,980
Net Operating Income:
$268,740
Cap Rate %:
5.27
Nearest cross street of Alabama Ave and Hart St.
Appliances:
Microwave, Refrigerator
Number of Buildings:
1
Senior Community:
No
Levels:
Three Or More
Num Stories:
4
New Constr.:
No
# Units:
9
Heating:
Central
Cooling:
Central Air
Total Parking Spaces:
0
Parking Features:
Assigned
Special Listing Conditions:
Standard
Parcel Number:
2138013009
Zoning:
LAR3
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Listed by Marcus & Millichap
Data was last updated January 17, 2026 at 02:40 PM (UTC)