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$2,249,000
10 Beds 10 Baths 26854585 MLS Active Status
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

$659,000
3 Beds 3 Baths SR26129893 MLS Active Status
Recently updated 3 bedroom, 3 bathroom corner unit townhouse offering almost 1700 square feet of living space. When you step into this lovely home you will immediately notice the open layout and high ceilings throughout. There is a direct access 2 car attached garage with tons of room for storage. Many upgrades including a brand new roof, brand new high efficiency HVAC, remodeled downstairs powder room, new flooring throughout, new laundry nook, new washer and dryer & fresh paint throughout. Upstairs you will find a large primary with a large walk in closet. 2 additional bedrooms + laundry upstairs. All white kitchen includes newer stainless steel appliances, freshly painted cabinets with lots of counter space, & brand new tile flooring. Great central location close to Topanga Mall & Village + Warner Center. Minutes drive to 101 or 118 freeways. This is a terrific opportunity that you do not want to miss.

7109 Farralone Unit 117, Canoga Park

$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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