For SaleRisky Deal44 days on market
8851 Independence Ave APT 33
8851 Independence Ave APT 33, Canoga Park, CA 91304, Canoga Park, CA 91304
$598,000
Estimate®:$594,800
Listing Price
8851 Independence Ave APT 33, Canoga Park, CA 91304
Loc: Canoga Park, CA
Days Listed
44
Tax Assessed
$490k
Estimate®
$595k
Market Rate
Lot Size
1.89 acres
Rent Estimate
$3,512/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Limerick Avenue Elementary School
K-5
0.6 mi away
7
Ernest Lawrence Middle School
6-8
1.5 mi away
5
Chatsworth Charter High School
9-12
1.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
modern kitchenwhite cabinetsstainless steel appliancesquartz countertopsbrass hardwarewood-look flooringrecessed lightingcontemporarybrightopen conceptsubway tile backsplashrenovatedminimalist
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.21%
Total ROI
50.4%
Cash Flow
$-1,004/mo
DSCR
0.68
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,004/mo net cash flow with a 4.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Canoga Park, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-04 | Price change | $598,000 | $362 |
| 2026-08-12 | Listed for sale | $618,000 | $374 |
| 2026-05-06 | Sold | $475,000 | $288 |
| 2004-06-15 | Sold | $338,000 | $205 |
| 2004-02-25 | Sold | $277,000 | $168 |
| 1995-04-06 | Sold | $120,000 | $73 |
| 1994-03-18 | Sold | $112,000 | $68 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $490,159 |
| 2025 | $5,925.92 | $480,549 |
| 2024 | $5,903.12 | $471,127 |
| 2023 | $5,740.98 | $461,891 |
| 2022 | $5,475.23 | $452,835 |
| 2021 | $5,120.05 | $420,000 |
| 2020 | $4,835.5 | $388,000 |
| 2019 | $4,835.5 | $388,000 |
| 2018 | $4,773.73 | $388,000 |
| 2017 | $4,773.73 | $365,000 |
| 2016 | $4,484.12 | $338,000 |
| 2015 | $4,133.35 | $308,000 |
| 2014 | $3,330.37 | $264,000 |
| 2012 | $0 | $194,000 |
| 2011 | $0 | $194,000 |
| 2010 | $0 | $254,200 |
| 2009 | $0 | $254,200 |
| 2008 | $0 | $365,860 |
| 2007 | $0 | $358,688 |
| 2006 | $0 | $351,655 |
| 2005 | $0 | $351,655 |
| 2004 | $0 | $141,641 |
| 2003 | $0 | $139,046 |
| 2002 | $0 | $136,321 |
| 2000 | $0 | $131,030 |
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