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 unique blend of suburban charm and urban accessibility. With a variety of parks, shopping centers, and recreational activities, it’s no wonder that this area is a sought-after destination for families and young professionals alike.

One of the standout features of Canoga Park is its stunning array of multi-level story homes. These residences are not only architecturally appealing but also provide ample space for growing families or those who love to entertain. With multiple levels, these homes offer an abundance of natural light, open floor plans, and stunning views of the surrounding hills. Whether you’re looking for a cozy retreat or a spacious family abode, Canoga Park’s multi-level homes cater to a variety of lifestyles.

Living in Canoga Park means enjoying the best of both worlds: a peaceful suburban environment with easy access to the bustling energy of Los Angeles. The neighborhood is conveniently located near major freeways, making it a breeze to explore the city’s attractions, from the iconic Hollywood sign to the beautiful beaches of Malibu.

With its friendly community vibe, excellent schools, and diverse dining options, Canoga Park is not just a place to live—it’s a place to thrive. Discover your dream multi-level home in this wonderful neighborhood and embrace the vibrant lifestyle that Canoga Park has to offer!

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.