Canoga Park (CP) Homes with Multi Level Stories

Canoga Park (CP) Homes with Multi Level Stories

Welcome to Canoga Park, a vibrant neighborhood nestled in the heart of the San Fernando Valley in Los Angeles County, California. Known for its rich history and diverse community, Canoga Park seamlessly blends suburban charm with urban convenience. With its tree-lined streets, local parks, and a variety of shops and eateries, this area offers a welcoming atmosphere for families, professionals, and retirees alike.

Canoga Park boasts a unique selection of homes, including stunning multi-level properties that cater to a variety of lifestyles. These multi-level homes provide an array of living spaces, perfect for those seeking both privacy and togetherness. Imagine entertaining guests in your spacious living room while the kids enjoy their own play area upstairs. With ample square footage and thoughtfully designed layouts, these homes are ideal for accommodating growing families or those who simply appreciate the luxury of space.

In addition to the homes themselves, Canoga Park offers an array of amenities that enhance the living experience. Residents can enjoy easy access to the nearby Topanga Canyon, where hiking and outdoor adventures await. The community is also well-connected, with convenient public transportation options and major highways, making it easy to explore all that Los Angeles has to offer.

Whether you’re looking for a cozy retreat or a spacious family home, Canoga Park’s multifaceted real estate options promise a perfect fit. Discover the charm and convenience of this delightful neighborhood, where your dream home awaits!

Newest Canoga Park (CP) 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.