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. This charming community is known for its rich history, diverse culture, and a welcoming atmosphere that makes it an ideal place to call home. With its lush parks, family-friendly amenities, and convenient access to major freeways, Canoga Park offers a perfect blend of suburban tranquility and urban excitement.

One of the standout features of Canoga Park is its diverse range of housing options, particularly multi-level story homes. These residences cater to various lifestyles, providing ample space for families, professionals, and individuals alike. From stunning modern designs to classic architectural styles, multi-level homes in Canoga Park often boast spacious floor plans, inviting living areas, and breathtaking views from upper levels. Imagine sipping your morning coffee on a private balcony or hosting friends in a generous backyard while enjoying the California sunshine.

The neighborhood is also home to an array of amenities, including shopping centers, restaurants, and recreational facilities. Residents can explore local parks, such as the picturesque Canoga Park Community Center, which offers sports fields, playgrounds, and picnic areas perfect for family outings. Additionally, the vibrant arts scene and community events foster a sense of belonging among residents.

Whether you’re seeking a cozy family home or a stylish retreat, Canoga Park’s multi-level story homes provide the perfect canvas for creating lasting memories. Experience the charm and convenience of this delightful neighborhood, where your dream home 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.