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Listed by: Daniel Withers (818) 923-6107 DRE #01325901 | Matthews Real Estate Investment Services (866) 889-0550
$5,160,000
70 Beds
40 Baths
24,500sqft
9015 Owensmouth Ave, Canoga Park, CA 91304
$5,160,000
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Multi Family
Built in 1972
$-- HOA
1.1 acres lot
$211/sq.ft
Description
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 ...
Continue Reading- Houzeo last checked: 50 minutes ago
- Listing updated: June 30, 2026 at 5:27 pm
- Source: California Regional MLS-CA | MLS#: 26672753
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1972
HOA Fees
-
Finished Area
24,500 sqft
Lot Size
1.1 acres lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26672753
MLS Status
Active
Days on Market
146
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