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8750 Owensmouth Avenue, Canoga Park, CA 91304
Priced at Only: $3,100,000
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Address: 8750 Owensmouth Avenue, Canoga Park, CA 91304
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  • MLS#: 26666201 ( )
  • Street Address: 8750 Owensmouth Avenue
  • Viewed: 2
  • Price: $3,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1961
  • Bldg sqft: 0
  • Days On Market: 11
  • Additional Information
  • County: LOS ANGELES
  • City: Canoga Park
  • Zipcode: 91304
  • Provided by: Marcus & Millichap
  • Contact: Michael Michael
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to present 8750 Owensmouth Avenue, a 20 unit apartment community with one (1) additional nonconforming unit, located in the Canoga Park neighborhood of the western San Fernando Valley. Built in 1961, the property offers 15,888 square feet of rentable area on a 19,117 square foot lot. The building features an efficient unit mix of eighteen (18) one bedroom/one bath units, two (2) two bedroom/one bath units, and one (1) nonconforming studio unit, supported by spacious layouts and durable midcentury construction. These characteristics drive strong tenant appeal and consistent occupancy, while still offering clear opportunities for modernization and value add improvements.8750 Owensmouth Avenue is minutes from Warner Center, Westfield Topanga, The Village, and numerous dining, retail, and entertainment amenities. Its proximity to major employment hubs, along with convenient access to the 101 and 118 Freeways, Metro bus lines, and the OrangeLine, enhances its long term renter demand. Positioned in a supply constrained and steadily growing submarket, 8750 Owensmouth Avenue presents a compelling opportunity to acquire a well located multifamily property with stable income and strong potential for future appreciation.
Features
Building Area Total
  1. 15888.00
Country
  1. US
Levels
  1. Two
Netoperatingincome
  1. 158279.00
Parcel Number
  1. 2779041012
Parking Features
  1. Carport
Sourcesystemkey
  1. 26666201:CLAW
Totalexpenses
  1. 158646.00
Year Built
  1. 1961
Year Built Source
  1. Appraiser
Zoning
  1. LAR3
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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