$ 1,070,000
-
$1,070,000
Price -
5
Bed -
3
Bath -
1,960
SqFt
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About the Listing CLW-X81461 - CLW-C140453
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.
Listing Highlights
Status
Active With Contingency
Days on Site
123
Property Type
Residential
MLS ®
25579177
Year Built
1953
Total Square Footage
1,960
Lot/Acreage
0.36
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances: Dishwasher, Microwave, Refrigerator, Oven
- Air Cond: Central Air
- Heating: Central
- Fireplaces: Living Room
- Floor: Carpet,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Back Yard,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 2
- Zoning: LARS
- Roof:
- Others:
- Sewer: Other
- Parking Features: Garage - Three Door,Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2110016014
- Tax Year: N/A
Payment Calculator
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Questions About..
7716 Owensmouth Ave Canoga Park, CA 91304
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