7718 Owensmouth Ave - 7716 Owensmouth Ave, Canoga Park, CA 91304
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7718 Owensmouth Ave - 7716 Owensmouth Ave, Canoga Park, CA 91304
2 Unit Apartment Building Offered at £888,514 in Canoga Park, CA 91304
Investment Highlights
- Prime Location in Canoga Park, Los Angeles with easy access to major commercial centers and amenities.
- RTI Plans for ±1,200 SF ADU: Approved and ready for construction, adding the potential for a third unit.
- High Rental Demand: Located in an area with low vacancy rates, ensuring strong future rental income.
- Well-Maintained Duplex: 1,960 SF with 5 beds and 3 baths, offering immediate rental income potential.
- Completed Preliminary Work: Includes utility services, soil testing, and a widened driveway, ready for immediate development.
- Value-Add Development Opportunity: Ideal for investors looking to rehab the duplex and develop the ADU for increased cash flow.
Executive Summary
Prime Investment Opportunity in Canoga Park
A well-maintained 1,960 SF duplex featuring 5 beds and 3 baths in a highly sought-after Canoga Park location. This property includes RTI plans for a ±1,200 SF ADU, offering the potential to add a third unit and significantly increase rental income.
The duplex is in good condition for immediate use, while the approved ADU plans are ready for construction with utility services, soil work, and a widened driveway already completed. The area boasts low vacancy rates, making it a strong value-add opportunity for investors.
Located just minutes from major commercial centers and amenities, this property offers a unique chance to generate income from both the existing units and the future ADU development.
A well-maintained 1,960 SF duplex featuring 5 beds and 3 baths in a highly sought-after Canoga Park location. This property includes RTI plans for a ±1,200 SF ADU, offering the potential to add a third unit and significantly increase rental income.
The duplex is in good condition for immediate use, while the approved ADU plans are ready for construction with utility services, soil work, and a widened driveway already completed. The area boasts low vacancy rates, making it a strong value-add opportunity for investors.
Located just minutes from major commercial centers and amenities, this property offers a unique chance to generate income from both the existing units and the future ADU development.
Property Facts
| Price | £888,514 | Apartment Style | Single Family Home |
| Price Per Unit | £444,257 | Lot Size | 0.36 AC |
| Sale Type | Investment | Building Size | 1,960 SF |
| No. Units | 2 | Number of Floors | 1 |
| Property Type | Residential | Year Built/Renovated | 1953/2021 |
| Price | £888,514 |
| Price Per Unit | £444,257 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Residential |
| Apartment Style | Single Family Home |
| Lot Size | 0.36 AC |
| Building Size | 1,960 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1953/2021 |
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Walk Score ®
Very Walkable (73)
Bike Score ®
Very Bikeable (78)
zoning
| Zoning Code | LARS |
| LARS |
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7718 Owensmouth Ave - 7716 Owensmouth Ave, Canoga Park, CA 91304
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