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$2,249,000
10 Beds ⋅ 10 Baths ⋅ 26854585 MLS
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
$2,395,000
12 Beds ⋅ 8 Baths ⋅ 26833797 MLS
NEW PRICE - reduced by $55,000. Built in 2023, this four-unit building sits approximately one mile from Rams Village at Warner Center, the 52-acre,$10 billion district anchored by the permanent Los Angeles Rams headquarters. All four units are three-bedroom, two-bath plans of approximately 1,550 SF with quartz counters, stainless appliances, private balconies, and in-unit laundry. Central HVAC, fire sprinklers, rooftop solar and eight parking spaces at 2:1. Approximately 6,200 SF on a 5,000 SF R3-1-RIO lot.100% leased, tenant-paid utilities with RUBS, expense ratio near 21.8%.Offered at $2,395,000 - a 5.62% current cap, 6.20% pro forma, 13.50 GRM.A 2023 certificate of occupancy places the property outside the LA Rent Stabilization Ordinance and outside the AB 1482 cap until 2038. Below the Measure ULA threshold, and at four units, it qualifies for conventional residential financing. State law may allow detached ADUs; buyer to verify. The seller is motivated. Offering memorandum attached in the documents section.

21719 Hart Street, Canoga Park

Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.