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 cultural diversity and welcoming community, Canoga Park offers a unique blend of urban convenience and suburban charm. With its picturesque tree-lined streets and an array of parks, this area is perfect for families, professionals, and anyone seeking a lively yet relaxed lifestyle.

Canoga Park boasts a variety of amenities, including shopping centers, dining options, and recreational facilities. The nearby Westfield Topanga & The Village is a shopping haven, featuring a mix of high-end retailers and cozy eateries. For outdoor enthusiasts, the scenic Chatsworth Reservoir and the beautiful Topanga State Park provide ample opportunities for hiking, biking, and enjoying nature.

One of the standout features of Canoga Park is its stunning multi-level homes. These architectural gems offer spacious layouts and modern designs, perfect for families or those who love to entertain. With multiple levels, residents can enjoy defined living spaces, including open-concept living areas, expansive kitchens, and serene bedrooms, all while maintaining a sense of privacy. The multi-level homes in Canoga Park often come with beautiful outdoor spaces, ideal for hosting gatherings or simply unwinding after a busy day.

Whether you’re drawn to the area's rich history, its vibrant community, or the allure of multi-level living, Canoga Park is a place where you can truly feel at home. Join us in exploring the possibilities that await in this charming neighborhood!

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.