Canoga Park (CP) Homes with Multi Level Stories

Canoga Park (CP) Homes with Multi Level Stories

Welcome to Canoga Park, California—a vibrant community nestled in the heart of Los Angeles County, where suburban charm meets urban convenience. Known for its rich history and diverse culture, Canoga Park offers residents a delightful blend of outdoor activities, shopping, and dining options. With its proximity to the Santa Monica Mountains, outdoor enthusiasts can enjoy hiking, biking, and breathtaking views just minutes from home.

One of the standout features of Canoga Park is its stunning array of multi-level homes. These properties not only provide ample living space but also offer unique architectural designs that cater to a variety of lifestyles. Imagine stepping into a home where each level offers a distinct atmosphere—perfect for entertaining guests, creating private retreats, or accommodating a growing family. The multi-level layout allows for creative uses of space, with options for home offices, playrooms, and even guest suites.

The neighborhood is also well-connected, with easy access to major freeways, making commuting a breeze. Families will appreciate the excellent local schools, parks, and community events that foster a strong sense of belonging. Whether you're a first-time buyer or looking to upgrade, Canoga Park's multi-level homes present an exceptional opportunity to invest in a thriving community.

Explore the charm of Canoga Park and discover your dream home among the multi-level treasures that await you. Your idyllic Southern California lifestyle is just a doorstep away!

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.