Canoga Park Homes with Multi Level Stories

Canoga Park Homes with Multi Level Stories

Welcome to Canoga Park, a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known for its rich history and diverse community, Canoga Park offers a unique blend of suburban charm and urban convenience. With its lush parks, eclectic dining options, and thriving arts scene, this area is perfect for families, young professionals, and anyone seeking an inviting atmosphere to call home.

One of the standout features of Canoga Park is its impressive selection of multi-level story homes. These residences not only provide ample living space but also offer a distinctive architectural flair that enhances the neighborhood’s character. With multiple levels, these homes are designed to accommodate various lifestyles, whether you need extra rooms for a growing family, a home office, or simply desire more space to entertain guests.

Imagine waking up in a spacious master suite, enjoying your morning coffee on a private balcony, or hosting friends in a beautifully designed open-concept living area that flows seamlessly from one level to the next. The multi-level homes in Canoga Park are thoughtfully built to maximize both comfort and functionality, making them an ideal choice for those who appreciate modern living with a touch of sophistication.

Beyond the beautiful homes, Canoga Park boasts excellent schools, convenient access to public transportation, and a wealth of recreational opportunities. From the scenic views of the nearby Santa Susana Mountains to the vibrant local culture, Canoga Park is a place where you can truly thrive. Discover your dream home in this enchanting community today!

Newest Canoga Park Homes with Multi Level Stories

$5,160,000
70 Beds 40 Baths 26672753 MLS Active Status
9015 Owensmouth Ave 20-Unit Townhome-Style Asset on 1.10 AcresThis is a rare deal that offers both strong in-place cash flow and significant upside through renovation, ADUs, and future redevelopment.Key Highlights:Key Highlights:* 20-unit apartment community (1972) with large townhome units: (10) 4+2 and (10) 3+1.5 totaling 24,500 SF * Current NOI of approximately $299K with ~41% rental upside to market * Offered at $5.4M (~5.79% cap, $258K/unit, $210/SF, 9.97 GRM) * Situated on a rare 1.10-acre LAR3-zoned lot in an Opportunity ZoneValue-Add + Development Upside:* Immediate ADU potential: up to 13 additional units (conversion + detached) * By-right development potential of ~60 units* Up to ~102 units achievable with Tier 3 TOC incentives Location Fundamentals:* Positioned just off Topanga Canyon Blvd near Warner Center, CSUN, and Westfield Topanga* Strong rental demand with market rents significantly above current in-place rents* Excellent access to the 101 & 118 freeways and major employment hubsThis is an ideal opportunity for an investor looking to:*Execute a classic value-add strategy with mark-to-market rents*Add ADUs for yield expansion*Or land bank for future high-density redevelopmentWe're currently scheduling tours and accepting offers. I'd be happy to walk you through the underwriting and different execution strategies depending on your investment goals.Please let me know a good time to connect.

9015 Owensmouth Avenue, Canoga Park

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.