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 the San Fernando Valley, California. Known for its rich history and diverse community, Canoga Park offers a unique blend of suburban charm and urban convenience. With its sunny weather, lush parks, and an array of shopping and dining options, residents enjoy a lifestyle that balances relaxation and excitement.

One of the standout features of Canoga Park is its diverse array of homes, particularly those with multi-level stories. These multi-story residences not only provide ample living space but also offer stunning views of the surrounding hills and the San Fernando Valley. Imagine waking up to the warm California sun streaming through your windows, or enjoying a peaceful evening on your private balcony. Multi-level homes in Canoga Park often come equipped with modern amenities, spacious layouts, and beautifully landscaped yards, making them perfect for families, professionals, or anyone looking for a little extra room to breathe.

The neighborhood is also conveniently located near major freeways, making commutes to downtown Los Angeles or other parts of the Valley a breeze. Whether you’re seeking a cozy family home or a stylish retreat, Canoga Park’s multi-level properties provide the perfect backdrop for your California dream. Explore this charming community, and discover the perfect multi-story home that suits your lifestyle and aspirations in the heart of Los Angeles County. Welcome home to Canoga Park!

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.