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 cultural diversity and family-friendly atmosphere, Canoga Park offers a unique blend of suburban charm and urban convenience. With its tree-lined streets, local parks, and a variety of shops and restaurants, this community is perfect for those seeking a balanced lifestyle.

One of the standout features of Canoga Park is its stunning multi-level homes, which cater to a range of lifestyles and preferences. These architectural gems often boast spacious floor plans, allowing for ample living space, and are ideal for families or those who appreciate entertaining. Multi-level homes in Canoga Park typically offer a variety of layouts, from cozy two-story residences to expansive three-story designs, each providing distinct areas for relaxation, work, and play.

Imagine waking up in a beautifully designed multi-level home, where each floor offers a unique perspective of the neighborhood. Whether it’s enjoying your morning coffee on a sun-drenched balcony or hosting gatherings in a spacious living room with soaring ceilings, these homes are designed to enhance your living experience.

Additionally, Canoga Park’s proximity to major freeways, public transportation, and the scenic Santa Monica Mountains makes it an ideal location for those who appreciate both convenience and nature. With its strong sense of community and diverse offerings, Canoga Park is not just a place to live; it’s a place to thrive. Explore the possibilities of calling this charming neighborhood home today!

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.