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 charming blend of suburban tranquility and urban convenience, Canoga Park offers a unique lifestyle that appeals to families, professionals, and retirees alike. With a rich history and a diverse community, this area boasts a variety of amenities, including parks, shopping centers, and excellent schools, making it an ideal place to call home.

One of the most captivating features of Canoga Park is its stunning multi-level homes. These architectural gems provide a perfect balance of space and style, offering residents the luxury of expansive living areas and breathtaking views. Whether you’re looking for a cozy retreat or a spacious family abode, the multi-level homes in Canoga Park cater to a range of preferences and needs. Imagine entertaining guests in your open-concept living space, cooking gourmet meals in a modern kitchen, or enjoying a peaceful evening on your private balcony overlooking the serene landscape.

The multi-level homes here often feature beautifully landscaped yards, attached garages, and modern amenities that enhance your living experience. With easy access to major freeways and public transportation, commuting to nearby employment hubs and attractions is a breeze. Plus, the diverse dining and entertainment options in the area ensure that there’s always something new to explore.

Discover the charm of Canoga Park and find your dream multi-level home today. Experience the perfect blend of comfort, community, and convenience in this delightful Los Angeles neighborhood!

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.