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. This charming enclave offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and anyone seeking a lively community atmosphere. With its rich history, diverse culture, and an array of amenities, Canoga Park is a hidden gem in the San Fernando Valley.

One of the standout features of Canoga Park is its array of multi-level story homes. These residences offer spacious living options for those who appreciate both style and functionality. Imagine waking up in a beautifully designed multi-level home, where each floor provides distinct spaces for relaxation, entertainment, and family gatherings. The architectural variety in Canoga Park ensures that there’s a perfect fit for everyone, whether you’re looking for a cozy retreat or a grand family abode.

The neighborhood is dotted with parks, shopping centers, and dining options that cater to every palate, ensuring a lifestyle that balances leisure and convenience. Families will appreciate the proximity to reputable schools and recreational facilities, while nature enthusiasts can enjoy the nearby hiking trails and scenic spots.

Living in Canoga Park means embracing a community that values connection, diversity, and growth. With its multi-level homes, residents can enjoy spacious living while being part of a thriving neighborhood. Discover your dream home in Canoga Park, where comfort meets the vibrant essence of Los Angeles living!

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.