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 Los Angeles County, California. Known for its rich cultural diversity and friendly community atmosphere, Canoga Park offers a unique blend of suburban charm and urban convenience. With its picturesque tree-lined streets, an array of parks, and a variety of shopping and dining options, this area is perfect for families, young professionals, and anyone looking to enjoy the best of Southern California living.

One of the standout features of Canoga Park is its stunning homes, particularly those with multi-level stories. These architectural gems not only provide ample living space but also offer breathtaking views of the surrounding hills and landscapes. 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 to an outdoor patio. Multi-level homes in Canoga Park are designed with modern families in mind, featuring flexible layouts that cater to various lifestyles and needs.

In addition to the delightful homes, Canoga Park boasts a vibrant community spirit. Residents enjoy easy access to local parks, recreational facilities, and cultural attractions, making it an ideal place to call home. Whether you're exploring the scenic trails of the nearby Santa Monica Mountains or indulging in the culinary delights of local eateries, Canoga Park offers a lifestyle that is both dynamic and fulfilling. Discover your dream multi-level home in this charming neighborhood, where every day feels like a new adventure!

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.