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7018 Alabama AvenueCanoga Park, CA 91303

For Sale

$5,100,000

Smart Buyer Rebate $51,000

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.

Listed by Filip Niculete

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License #01905352

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Marcus & Millichap

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818-212-2763

Listed by Glen Scher

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License #01962976

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Marcus & Millichap

Last updated January 16, 2026

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Source: CRMLS #26639467

Listing Facts

  • TypeMulti-family
  • NeighborhoodOwensmouth
  • Bedrooms24
  • Days on Prevu24
  • Size11,765 sqft
  • Price per sqft$433

Amenities

  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

01/06/2026
Listed by Marcus & Millichap
$5,100,000

Property Details for 7018 Alabama Avenue

Exterior

Construction

  • Number Of Units Total: 9
  • Stories Total: 4
  • Year Built: 2020

Measurements

  • Building Area Total: 11,765
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,502
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,502
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.27
  • Gross Income: $382,980.00

Taxes

  • Parcel Number: 2138013009

Interior

Features

  • Appliances: Microwave, Refrigerator

Measurements

  • Living Area: 11,765
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 24
  • Bedrooms Total: 24

Parking

Parking

  • Parking Features: Assigned

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 24 bedrooms in this multi-family home at 7018 Alabama Avenue.

How does 7018 Alabama Avenue compare to other multi-family homes in Owensmouth?

This multi-family home is listed 129% above the average price for multi-family homes in Owensmouth and has been on the market for 58 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 11,765 sqft.

7018 Alabama Avenue is a 24-bedroom multi-family home for sale in Canoga Park CA 91303. Available on Prevu for 24 days at $5,100,000. This residence features 11,765 square feet of living space, located in Owensmouth. The median listing price for multi-family homes in this area is $610,000. Additional amenities include air conditioning and parking. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.