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 spirit, Canoga Park offers a unique blend of suburban tranquility and urban convenience. With its lush parks, bustling shopping centers, and an array of dining options, this charming area is perfect for families, young professionals, and retirees alike.

One of the standout features of Canoga Park is its impressive selection of multi-level story homes. These residences not only provide ample living space but also offer a distinctive architectural charm that sets them apart. Imagine stepping into a beautifully designed home with spacious layouts, multiple bedrooms, and stunning views from upper levels. Multi-level homes in Canoga Park often boast modern amenities, open floor plans, and private outdoor spaces, making them ideal for entertaining guests or enjoying quiet evenings with family.

Beyond the homes themselves, the neighborhood is rich with recreational opportunities. Residents can enjoy the nearby Topanga State Park for hiking and outdoor adventures, or explore the local farmer's market for fresh produce and artisanal goods. The community is well-connected via public transportation, making it easy to access the vibrant attractions of greater Los Angeles.

Whether you’re looking for a cozy family home or a stylish abode with room to grow, Canoga Park’s multi-level story homes offer the perfect blend of comfort, style, and convenience. Discover your dream home in this delightful corner of California, where community and lifestyle come together seamlessly!

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.