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 rich history and diverse community, Canoga Park offers a delightful blend of suburban charm and urban convenience. With its tree-lined streets, family-friendly parks, and a variety of local shops and restaurants, this area is perfect for those seeking a welcoming atmosphere combined with the excitement of city living.

One of the standout features of Canoga Park is its architectural diversity, particularly when it comes to multi-level homes. These stunning properties provide ample space and versatility, making them ideal for families and individuals alike. With multiple stories, these homes often boast spacious layouts, allowing for distinct living areas, private bedrooms, and even dedicated office spaces. Imagine hosting gatherings in expansive living rooms or enjoying serene evenings on balconies that overlook the picturesque neighborhood.

The multi-level homes in Canoga Park are not just about space; they also offer an opportunity to embrace the California lifestyle. Many of these residences come equipped with outdoor patios and gardens, perfect for soaking up the sun or enjoying a cozy barbecue with friends and family. Additionally, the elevation of these homes often provides breathtaking views of the San Fernando Valley, enhancing the living experience.

With its ideal location, rich community spirit, and beautiful multi-level homes, Canoga Park is a hidden gem waiting to be discovered. Whether you’re looking to invest in your first home or seeking a new place to settle down, Canoga Park promises a lifestyle that balances comfort, convenience, and charm. Come explore this enchanting neighborhood and find your dream home 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

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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.