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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
$5,160,000
70 Beds ⋅ 40 Baths ⋅ 26672753 MLS
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
$3,299,000
9 Beds ⋅ 7 Baths ⋅ 26641357 MLS
** PRICED TO SELL QUICK ! ** Custom Luxury Estate Carved Into the Serene Mountainside in Prime West Hills! Sitting on a Huge 1.45 Acre Lot, this private gated estate offers unlimited panoramic views from every room & features classic design elements & upgrades throughout. As you ascend up the private driveway, you are greeted by a large courtyard & grand entrance featuring dual-height ceilings, chandelier, & spiral staircase. Huge formal living area w/ freestanding dual-sided fireplace. Dining room. Family room w/ 2nd fireplace. Open concept kitchen w/ quartz countertops & adjacent dining area w/ access to backyard for al-fresco dining. Luxurious Master Bedroom Suite w/ fireplace, sitting area, private balcony, & marble-lined bathroom w/ dual vanities, jetted tub w/ view window, & standing shower. Guesthouse w/ separate entrance & private driveway, featuring 2 beds/2 baths. Resort-style backyard w/ sweeping canyon & mountain views featuring a heated rock formation pool, hot tub, waterfall, covered patio w/ outdoor dining/bar/tv area, & gazebo - perfect for entertaining! 3-car garage w/ plenty of courtyard parking. A private retreat from the city that is just minutes from the best shopping, dining, & entertainment the area has to offer. A truly unique opportunity that is not to be missed!

7449 Studio Road, 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.