$1,070,000
Sold Price7716 Owensmouth Avenue, Canoga Park, CA 91304
About this home
A rare investment opportunity on an expansive 15,629 SF gated lot in one of Los Angeles most dynamic growth corridors. Behind a private horseshoe drive, the property offers two existing residences with separate addresses, plus ready-to-issue permits for a newly designed 1,200 SF two-story detached ADU delivering a unique combination of immediate income and long-term upside. The primary home features 3 bedrooms, 2 bathrooms, a light-filled living room, bonus room, and an updated kitchen with granite counters. The generous primary suite includes an en-suite bath, with two additional bedrooms and a covered patio ideal for entertaining. An attached 2-bedroom, 1-bath ADU offers approved plans for conversion into a Jr. ADU, further enhancing the property's income potential when paired with the new detached ADU build. The property currently has month-to-month tenants, paying $6,800 per month in rent - with projected gross income of approximately $11,000/month upon completion, this is a cash-flow asset in a prime location equally compelling for investors, developers, and discerning end-users.
infoProperty Facts
Bedrooms
5
Bathrooms
3
Square Feet
1,960
Lot Size
15,634 sqft
Year Built
1953
Property Type
Single Family Residence
Days on Market
88
HOA Fee
N/A
MLS #
25579177
chairInterior Details
General Interior
Interior Features
Eat In Kitchen
Flooring
Carpet, Wood
Fireplace
Living Room
Kitchen & Appliances
Appliances
Dishwasher, Microwave, Oven, Refrigerator, Dryer, Washer
Laundry
Laundry Room
Climate Control
Cooling
Central Air
Heating
Central
deckExterior & Lot
Building & Construction
Patio & Porch
Open, Patio, Porch
Fencing
Wrought Iron
Security
Smoke Detectors
Construction
Plaster, Stucco
Direction Faced
North
Nearby Schools
| Rating | School Name |
|---|---|
| 9 | GreatSchools High (Demo) public |
| 7 | Valley View Elementary (Demo) public |
| 6 | Lincoln Middle School (Demo) public |
| NR | St. Mary Example Academy (Demo) private |
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