For SaleRisky Deal86 days on market
8710 Independence Ave APT 301
8710 Independence Ave APT 301, Canoga Park, CA 91304, Canoga Park, CA 91304
$450,000
Estimate®:$444,800
Listing Price
8710 Independence Ave APT 301, Canoga Park, CA 91304
Loc: Canoga Park, CA
Days Listed
86
Tax Assessed
$495k
Estimate®
$445k
Market Rate
Lot Size
0.43 acres
Rent Estimate
$2,691/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
0.5 mi away
7
Ernest Lawrence Middle School
6-8
1.7 mi away
5
Chatsworth Charter High School
9-12
1.7 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
mid-century modernopen floor planneutral color palettenatural texturesbalconyfireplacehardwood flooringcozyairyminimalistindoor-outdoor flowcontemporaryjute area rugpendant lighting
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.10%
Total ROI
48.0%
Cash Flow
$-797/mo
DSCR
0.66
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-797/mo net cash flow with a 4.1% 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 |
|---|---|---|---|
| 2026-07-30 | Price change | $450,000 | $397 |
| 2026-06-30 | Listed for sale | $470,000 | $414 |
| 2026-06-05 | Listing removed | $2,250 | $2 |
| 2026-05-20 | Price change | $2,250 | $2 |
| 2026-04-30 | Listed for rent | $2,600 | $2 |
| 2025-06-17 | Listing removed | $2,550 | $2 |
| 2025-06-09 | Price change | $2,550 | $2 |
| 2025-05-22 | Price change | $2,650 | $2 |
| 2025-05-06 | Listed for rent | $2,800 | $2 |
| 2025-04-24 | Listing removed | $2,950 | $3 |
| 2025-03-22 | Listed for rent | $2,950 | $3 |
| 2024-08-09 | Sold | $485,000 | $428 |
| 2024-07-12 | Pending sale | $485,000 | $428 |
| 2024-06-28 | Listed for sale | $485,000 | $428 |
| 2021-05-13 | Sold | $420,000 | $370 |
| 2021-04-23 | Pending sale | $447,000 | $394 |
| 2020-12-24 | Listed for sale | $447,000 | $394 |
| 2019-10-01 | Listing removed | $345,000 | $304 |
| 2019-06-07 | Price change | $345,000 | $304 |
| 2019-04-04 | Price change | $299,900 | $264 |
| 2019-03-09 | Price change | $297,000 | $262 |
| 2019-02-22 | Price change | $299,000 | $264 |
| 2018-12-11 | Price change | $325,000 | $287 |
| 2018-11-16 | Price change | $269,000 | $237 |
| 2018-11-01 | Listed for sale | $285,000 | $251 |
| 2014-06-10 | Listing removed | $219,000 | $193 |
| 1995-08-28 | Sold | $97,702 | $86 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $494,700 |
| 2025 | $5,926.73 | $485,000 |
| 2024 | $5,415.91 | $445,706 |
| 2023 | $5,529.2 | $436,968 |
| 2022 | $5,278.19 | $108,772 |
| 2021 | $1,611.41 | $106,640 |
| 2020 | $1,622.01 | $105,548 |
| 2019 | $1,622.01 | $103,479 |
| 2018 | $1,561.29 | $101,451 |
| 2017 | $1,561.29 | $99,463 |
| 2016 | $1,530.85 | $97,513 |
| 2015 | $1,489.43 | $96,049 |
| 2014 | $1,492.5 | $94,168 |
| 2012 | $0 | $91,906 |
| 2011 | $0 | $90,105 |
| 2010 | $0 | $89,433 |
| 2009 | $0 | $89,647 |
| 2008 | $0 | $87,890 |
| 2007 | $0 | $86,168 |
| 2006 | $0 | $84,479 |
| 2005 | $0 | $84,479 |
| 2004 | $0 | $81,201 |
| 2003 | $0 | $79,713 |
| 2002 | $0 | $78,151 |
| 2000 | $0 | $75,118 |
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