Property Detail

21719 Hart

Canoga Park CA 91303

$2,495,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Armin Soleimani of Global Platinum Properties, Inc.. Last updated 2026-05-14 08:11:52.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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