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$2,249,000
Est. payment /mo
9,853 Sqft Lot
New
8000 Owensmouth AVE Canoga Park, CA 91304
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26843847
HOA Y/N No
Year Built 1959
Lot Size 9,853 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area Cp - Canoga Park
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Laundry Laundry Room, Outside
Exterior
Roof Type Shingle
Total Parking Spaces 9
Building
Lot Description Corner Lot, Front Yard, Garden, Near Public Transit, Rectangular Lot
Water Public
Others
Tax ID 2110018001
Security Features Carbon Monoxide Detector(s),Security Gate
Financing Cash,Conventional
Special Listing Condition Standard

Listed by Farhad Navazi First Capital Investment Realty #01954850
NEARBY SCHOOL & BUSINESS
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