21719 Hart Street

Canoga Park, CA 91303

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.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.