Canoga Park (CP) Homes with Multi Level Stories

Canoga Park (CP) Homes with Multi Level Stories

Welcome to Canoga Park, California – a vibrant gem nestled in the heart of Los Angeles County. Known for its rich history and diverse community, Canoga Park offers a unique blend of suburban charm and urban convenience. With a variety of parks, shopping centers, and dining options, residents enjoy a lifestyle that is both relaxed and engaging. The area is well-connected, providing easy access to major freeways and public transportation, making it an ideal location for commuters and families alike.

One of the standout features of Canoga Park is its impressive selection of homes, particularly those with multi-level stories. These homes not only provide ample living space but also offer the flexibility to cater to various lifestyle needs. Whether you’re looking for a cozy retreat or a spacious family abode, the multi-level homes in Canoga Park are designed to maximize both comfort and functionality. Imagine hosting gatherings in your expansive living area or enjoying quiet moments on your private balcony with stunning views of the San Fernando Valley.

The architectural diversity in Canoga Park is truly remarkable, with options ranging from contemporary designs to classic California styles. Many of these multi-level homes feature modern amenities, spacious kitchens, and luxurious master suites, ensuring that you have everything you need for a comfortable lifestyle.

Discover the enchanting neighborhoods of Canoga Park, where community spirit thrives and every home tells a story. Embrace the opportunity to find your dream multi-level home in this delightful region and experience the best of Southern California living!

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.