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. Known for its rich history, diverse culture, and a warm sense of community, Canoga Park offers an ideal blend of suburban charm and urban convenience. With its roots dating back to the early 20th century, the area has evolved into a dynamic locale that boasts a variety of parks, restaurants, and shopping options, making it a perfect place for families, young professionals, and retirees alike.

One of the standout features of Canoga Park is its stunning multi-level story homes. These architectural gems not only provide ample living space but also offer a unique blend of style and functionality. Imagine waking up in a spacious master suite, enjoying your morning coffee on a sun-drenched balcony, or hosting gatherings in an expansive living area that flows seamlessly to an outdoor patio. Multi-level homes in Canoga Park often come with generous backyards, perfect for entertaining or simply enjoying the California sunshine.

The neighborhood is also well-served by excellent schools and convenient access to major freeways, making commuting a breeze. Whether you’re looking for a cozy family home or a modern abode with plenty of space to grow, Canoga Park’s multi-level homes cater to a variety of lifestyles. Embrace the opportunity to live in a community that values both comfort and connection—discover your dream home in Canoga Park today!

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.