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 and diverse community, Canoga Park offers a unique blend of suburban charm and urban convenience. With its sunny climate and lush parks, this area is perfect for families, professionals, and anyone looking to enjoy the California lifestyle.

One of the standout features of Canoga Park is its variety of residential options, including stunning multi-level homes that cater to a range of tastes and needs. These multi-story residences provide ample space for growing families or those who love to entertain. With expansive layouts, these homes often boast modern amenities, spacious living areas, and luxurious master suites, all designed to enhance your living experience. Imagine enjoying your morning coffee on a balcony with breathtaking views, or hosting friends in your beautifully designed open-concept kitchen and living space.

The neighborhood is also conveniently located near major freeways, making commuting a breeze. Residents can enjoy easy access to the vibrant shopping and dining scene in nearby areas, as well as the stunning natural beauty of the Santa Monica Mountains. With excellent schools, parks, and recreational facilities, Canoga Park is an ideal place to call home.

Whether you're searching for a cozy family retreat or a stylish multi-level home that offers both comfort and sophistication, Canoga Park has something to fit your lifestyle. Discover the charm of this delightful community and find your dream home 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

Start Your Search

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.