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6819 Variel Avenue
Canoga Park, CA 91303
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B
What's Special
For Sale or JV | Multifamily Redevelopment in Prime Warner Center <ul><li>Prime Warner Center Location</li><li>9,003 SF Parcel Zoned (WC)RIVER-SN-RIO</li><li>Strong Option to JV on Nearly RTI Plans for 28 Units</li><li>Six (6) Unit Existing Improvements, Buyer to Verify SB8 Requirements</li><li>Located within Warner Center Specific Plan which Boasts Desirable Development Standards</li><li>Eligible for Reduced Parking Under AB 2097</li><li>Located Just a Few Blocks North of Massive Redevelopment in & around Topanga Village</li><li>Dominant Access to Com
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547