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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

$655,000
3 Beds ⋅ 3 Baths ⋅ SR26129893 MLS ⋅ Active Status
Turnkey and recently updated 3 bedroom, 3 bathroom corner unit townhouse with nearly 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 many fine establishments, 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

$5,095,000
70 Beds ⋅ 40 Baths ⋅ 26672753 MLS ⋅ Active Status
Approximately 40% Rental Upside to Market, translating into a 9.82% market cap rate. Significant Mark-to-Market Opportunity. This 20-unit apartment community, built in 1972, features an attractive townhome-style unit mix consisting of ten 4-bedroom/2-bath units and ten 3-bedroom/1.5-bath units. The property sits on approximately 1.10 acres with 24,500 square feet of building area and 40 parking spaces. Zoned LAR3 and located within an Opportunity Zone, the property also offers substantial value-add potential, including the opportunity for up to 13 new ADUs through a combination of conversions, detached construction, and a potential attached ADU. Longer-term redevelopment potential includes approximately 60 units by right and up to 102 units utilizing Tier 3 TOC incentives. Located just off Topanga Canyon Boulevard, the property offers convenient access to Westfield Topanga & The Village, Warner Center, CSUN, Pierce College, Kaiser Permanente Woodland Hills Medical Center, and Northridge Fashion Center. The location provides strong regional connectivity via the Ventura (US-101) and Ronald Reagan (SR-118) Freeways, offering access throughout the San Fernando Valley, Downtown Los Angeles, and Ventura County. The surrounding area benefits from a dense residential base, major employment centers, retail and entertainment amenities, Metro transit access, and continued multifamily and mixed-use development within the Warner Center area.

9015 Owensmouth Avenue, Canoga Park

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