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 history and diverse community, Canoga Park offers a unique blend of suburban charm and urban convenience. With its picturesque tree-lined streets, friendly atmosphere, and an array of local amenities, this area is perfect for families, young professionals, and retirees alike.

One of the standout features of Canoga Park is its impressive selection of homes, particularly those with multi-level stories. These spacious residences provide ample room for creativity and comfort, making them ideal for those who appreciate both style and functionality. Picture yourself unwinding in a beautifully designed living room that flows seamlessly into an open-concept kitchen, or hosting gatherings on a charming rooftop terrace with stunning views of the San Fernando Valley. Multi-level homes in Canoga Park cater to a variety of lifestyles, offering private retreats for family members while still promoting togetherness in shared spaces.

In addition to its architectural appeal, Canoga Park boasts a wealth of recreational options. From the scenic hiking trails of the nearby Santa Monica Mountains to the bustling shopping centers and delightful dining establishments, there is always something to explore. The community is also home to several parks, providing perfect spots for picnics, outdoor activities, and family fun.

Whether you’re searching for your dream home or looking to invest, Canoga Park’s multi-level residences offer a perfect blend of comfort, space, and style in a thriving community. Come discover the charm of Canoga Park, where your ideal lifestyle awaits!

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.