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$2,249,000
10 Beds ⋅ 10 Baths ⋅ 26854585 MLS ⋅ Active Status
10-Unit Value-Add Multifamily | First Capital Investment Realty presents 8000 Owensmouth Avenue, a 100%-leased, 10-unit multifamily asset in the heart of Canoga Park. Built in 1959 and held by the same owner since 2011, the property offers 7,492 SF across eight 1BR/1BA and two 2BR/1BA units on a 9,855 SF LAR3 corner lot. Priced at $224,900 per unit (roughly 39% below the LA metro average), the asset pairs stable in-place income with a clear value-add path. Located about one mile from the $10 billion Rams Village development and within the 1,100-acre Warner Center 2035 Specific Plan area, the property carries a Walk Score of 86 with easy access to Westfield Topanga, Warner Center employers, transit, and the 101 freeway. A textbook, low-risk value-add opportunity in one of the San Fernando Valley's fastest-transforming submarkets.

8000 Owensmouth Avenue, Canoga Park

$655,000
3 Beds ⋅ 3 Baths ⋅ SR26129893 MLS ⋅ Active Status
Turnkey and recently updated 3 bedroom, 3 bathroom corner unit townhouse with nearly 1700 square feet of living space. When you step into this lovely home you will immediately notice the open layout and high ceilings throughout. There is a direct access 2 car attached garage with tons of room for storage. Many upgrades including a brand new roof, brand new high efficiency HVAC, remodeled downstairs powder room, new flooring throughout, new laundry nook, new washer and dryer & fresh paint throughout. Upstairs you will find a large primary with a large walk in closet. 2 additional bedrooms + laundry upstairs. All white kitchen includes newer stainless steel appliances, freshly painted cabinets with lots of counter space, & brand new tile flooring. Great central location close to many fine establishments, Topanga Mall & Village + Warner Center. Minutes drive to 101 or 118 freeways. This is a terrific opportunity that you do not want to miss.

7109 Farralone Unit 117, Canoga Park

$5,095,000
70 Beds ⋅ 40 Baths ⋅ 26672753 MLS ⋅ Active Status
9015 Owensmouth Ave | 20-Unit Townhome-Style Asset on 1.10 AcresRare value-add opportunity offering approximately 41% rental upside to market, providing significant potential for NOI growth through mark-to-market rents, while also offering substantial ADU and redevelopment potential.Key Highlights:20-unit townhome-style community totaling approximately 24,500 SF~41% rental upside to market with significant NOI growth potentialCurrent NOI of approximately $299KOffered at $5.095M (~5.88% cap rate; $254,750/unit; $207/SF)Rare 1.10-acre LAR3-zoned lot in an Opportunity ZonePotential for up to 13 additional ADUsPotential for approximately 60 units by-right, with up to ~102 units under Tier 3 TOC incentivesPrime Canoga Park location near Warner Center, CSUN and Westfield Topanga, with convenient access to the 101 and 118 freewaysInvestment Opportunity:Unlock significant value by bringing rents closer to market, adding ADUs, and pursuing the property's longer-term redevelopment potential.

9015 Owensmouth Avenue, Canoga Park

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