$1,495,000
7228 Independence, Canoga Park CA 91303
Multi-Family (5 Units)
Property type
1 day
On market
$408
Price per sqft
0 cars
Garage
2009
Year built
6,387 sqft
Lot size
Open Houses
Overview
Built in 2009, this property has been meticulously cared for and provides a strong blend of stability, modern construction, and long-term investment potential. A rare chance to acquire a turnkey asset with established rental income in a desirable location. This well-maintained 5-unit income-producing property offers immediate cash flow with all units fully occupied. No rent...
Listing provided by: Meline Khacheryan DRE #02160104, RE/MAX One
Listing updated: Jun 12, 2026 at 05:24am.
Last checked: Jun 12, 2026 at 06:00am
Source: CRMLS #SR26126244
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $2,100 | $2,100 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $2,050 | $2,050 | $2,050 | Unfurnished |
| 1 | 1 | 1 | — | $2,100 | $2,100 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $2,150 | $2,150 | $2,150 | Unfurnished |
| 1 | 1 | 1 | — | $1,950 | $1,950 | $1,950 | Unfurnished |
# of Buildings: 1
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Rent Control: No
Units Leased: 5
Total Actual Rent: $10,350
Tenant Pays: Cable Tv, Electricity
Financial Snapshot
Gross Rent Multiplier
12.0x
List Price / Annual Gross Rent
Cap Rate
6%
NOI / List Price
Gross Scheduled Income: $124,200
Operating Expense: $0
Net Operating Income: $110,228
Annual Operating Expenses
Insurance: $3,318
Professional Management: $0
Trash: $3,804
Water / Sewer: $6,850
Interior
Laundry: Common Area
Entry Location: Front Door
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 2112018023
Additional Parcels: No
Tax Lot: 13
Community
Senior Community: No
Community Features: Valley
Nearby Schools
Nearby schools around the 7228 Independence, Canoga Park, CA 91303. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,196,000
Total Interest
$1,525,432
Total Payment
$2,721,432
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,267
per month
Property History for 7228 Independence
Canoga Park Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91303.
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