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 friendly atmosphere and diverse community, Canoga Park offers a unique blend of suburban charm and urban convenience. With its lush parks, excellent schools, and a variety of shopping and dining options, this area is perfect for families, professionals, and anyone seeking a lively place to call home.

One of the standout features of Canoga Park is its stunning homes, particularly those with multi-level stories. These homes not only provide ample living space but also offer a unique architectural style that sets them apart. Imagine stepping into a beautifully designed multi-level residence where each floor presents a new opportunity for creativity and relaxation. With spacious layouts, these homes often include expansive living areas, modern kitchens, and luxurious bedrooms, perfect for both entertaining guests and enjoying quiet family time.

The multi-level homes in Canoga Park are strategically positioned to take advantage of the area's breathtaking views and abundant natural light. Many of these properties boast outdoor spaces, ideal for soaking up the California sun or hosting weekend barbecues. Whether you’re looking for a cozy retreat or a spacious family haven, Canoga Park’s multi-level homes cater to a variety of lifestyles.

In addition to its beautiful residences, Canoga Park is conveniently located near major freeways and public transportation, making it easy to explore all that Los Angeles has to offer. With its warm community spirit and appealing real estate options, Canoga Park is truly a hidden gem waiting to be discovered. Come and find your dream home in this enchanting neighborhood today!

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

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.