Active

20957 Community

Canoga Park, CA 91304
Mark as Favorite
Bed 3

Bed

Bath 2

Bath

SqFt1,552

Sqft

SqFt8,623

Sqft(Lot)

Situated on an approximately 8,616-square-foot lot, this unique SB-9 property is an exceptional opportunity for both income generation and future development. The existing residence, originally constructed in the 1950s, has been thoughtfully divided into two separate units. New rental agreements for each unit generate an estimated gross rental income of approximately $5,150 per month and gross $61,800/annually. Unit One consists of a two-bedroom, one-bathroom residence currently generating $3,200 per month, while Unit Two (best described as a Junior ADU) consists of a one-bedroom, one-bathroom residence currently generating $1,950 per month. The property has almost completed an SB-9 lot split process, to create Parcel A containing approximately 5,149 square feet and Parcel B containin g approximately 3,467 square feet. The existing residence is located on what would be Parcel A, while Parcel B offers future development potential subject to buyer investigation and final SB9 approval. Available due diligence materials include tentative parcel maps, correspondence related to the subdivision process, and designer-prepared plans and drawings that have been submitted and stamped through the City approval process. Buyers should be aware that a final park-related fee of approximately $17,000 remains outstanding as part of the SB-9 Lot Split process. Seller is willing to consider a buyers credit toward this fee, or other concessions as part of a negotiated transaction. Seller, as required currently resides on the premises. Seller states that upon payment of this fee the Lot Split will complete creating two separate and developable addresses: 20957 Community St. and 8400 Independence Ave. This current transaction is for ONE APN number prior to the split, thus allowing the Buyer to obtain ONE parcel and complete the SB9 split after close. Seller has invested significant time, effort, and expense into the entitlement and development process and has established a clear understanding of the property's value and development potential. Accordingly, offers should reflect the property's current income stream, pending SB9 lot split, and future development opportunities. All Buyers must submit proof of funds & their Pre Qualifications letter with written offers. Do NOT bother residents. Showings by Appointments. Drive By OK. No Door Knock

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $1,350,000

AD Id : 86614629

MLS Id : SR26140456

Beds : 3

Lot Size : 8,623 Sqft

Living Area Size : 1,552

Year Built : 1950

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Interior Features: Laminate Counters,Open Floorplan,All Bedrooms Down,Bedroom on Main Level Windows: Double Pane Windows,Screens Property Appliances: Dishwasher,Gas Oven,Gas Range,Microwave,Refrigerator,Water Heater Fireplace: None
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Central Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1950 Construction: Stucco
  • Security Features

    Smoke Detector(s),Security Lights
  • Pool Features

    None

    Laundry Features

    None

    Patio And Porch

    Concrete

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.198
  • Lot Size Source: Assessor Lot Size Square Feet: 8623

  • Listing Price Information

    Original List Price: 1,350,000 Listing Contract Date: 2026-06-22
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 2779006029

  • Garage and Parking

    Garage Description: Driveway,Off Street,Shared Driveway,Side By Side

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: CP - Canoga Park Directions: Conveniently located just west of the 405 Freeway via Roscoe Boulevard and De Soto Avenue, offering easy access to shopping, dining, and major commuter routes. Source Property Type: Residential Area: CP - Canoga Park Property SubType: Single Family Residence
  • Building and Construction

    Property Age: 76 Common Walls: 2+ Common Walls Property Condition: Repairs Cosmetic Structure Type: Single Family Residence Year Built Source: Public Records Total Square Feet Living: 1552 Entry Level: 1 Entry Location: Front Property Attached: Yes Levels or Stories: One Building Total Stories: 1 Structure Type: House
Sell a home like this and save $80,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
8501 Browns Creek Ln, Canoga Park, CA, 91304 $999,000 5 3 2,853 2,853 SqFt
8800 Eton Avenue #31, Canoga Park, CA, 91304 $239,000 2 2 980 980 SqFt
20959 Strathern, Canoga Park, CA, 91304 $935,000 5 3 2,125 2,125 SqFt
7702 De Soto, Canoga Park, CA, 91304 $900,000 2 1 1,383 1,383 SqFt
8801 Eton Avenue #64, Canoga Park, CA, 91304 $289,801 2 2 1,000 1,000 SqFt
8801 Eton #123, Canoga Park, CA, 91304 $399,900 2 2 --
8801 Eton Avenue #35, Canoga Park, CA, 91304 $219,801 2 2 1,440 1,440 SqFt
21025 Blythe Street, Canoga Park, CA, 91304 $849,900 3 2 1,383 1,383 SqFt
21000 Elkwood, Canoga Park, CA, 91304 $880,000 3 2 1,593 1,593 SqFt
8137 Variel, Canoga Park, CA, 91304 $764,900 3 2 1,324 1,324 SqFt

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 07/01/2026 @ 08:37

MLS: SR26140456 LISTED BY: Howard Herron, Litchfield Asset Management, Inc 818-781-0255 SOURCE: CRMLS

Homes around $1,350,000

Selling? Save $80,501 when you sell a home like this

Tour with a ByOwner Agent