9015 Owensmouth Avenue
Canoga Park, CA 91304
70
Bed
0
Bath
24,500Sqft
48,132Sqft(Lot)
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 of ~60 units* Up to ~102 units achievable with Tier 3 TOC incentives Location Fundamentals:* Positioned just off Topanga
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 70Bathroom Information
Total Baths: 40
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Building Information
Year Built: 1972Building Area Total: 24500Private Pool: No
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Lot Information
Main Square Feet: 48132 Lot Size Acres: 1.105 Lot Size Source: Other Lot Size Square Feet: 48,132
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Listing Price Information
Listing Price: $5160000Original Price: $5800000
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Tax Information
Parcel Number: 2779020042
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Virtual Tour
Parking Information
Parking Total: 40 Assigned
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Location Information
Direction: North of Osborne, South of Nordhoff
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 20957 Community Street, Canoga Park, CA, 91304 | $1,249,000 | 3 | 2 | 1,552 | 1,552 SqFt |
| 7942 De Soto Avenue, Canoga Park, CA, 91304 | $899,000 | 4 | 2 | 1,674 | 1,674 SqFt |
| 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 | $229,000 | 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 | $950,000 | 2 | 2 | 1,383 | 1,383 SqFt |
| 8801 Eton Avenue #64, Canoga Park, CA, 91304 | $289,801 | 2 | 2 | 1,000 | 1,000 SqFt |
| 8801 Eton, Canoga Park, CA, 91304 | $168,999 | 2 | 2 | 1,392 | 1,392 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 |
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ByOwner last updated this listing 08/17/2026 @ 10:35
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