9015 Owensmouth Avenue
Canoga Park, CA 91304
70
Bed
40
Bath
24,500Sqft
48,132Sqft(Lot)
Approximately 40% Rental Upside to Market, translating into a 9.82% market cap rate. Significant Mark-to-Market Opportunity. This 20-unit apartment community, built in 1972, features an attractive townhome-style unit mix consisting of ten 4-bedroom/2-bath units and ten 3-bedroom/1.5-bath units. The property sits on approximately 1.10 acres with 24,500 square feet of building area and 40 parking spaces. Zoned LAR3 and located within an Opportunity Zone, the property also offers substantial value-add potential, including the opportunity for up to 13 new ADUs through a combination of conversions, detached construction, and a potential attached ADU. Longer-term redevelopment potential includes approximately 60 units by right and up to 102 units utilizing Tier 3 TOC incentives. Located just off
Property Details
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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: $5095000Original 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 |
|---|---|---|---|---|---|
| 8800 Eton Avenue #31, Canoga Park, CA, 91304 | $229,000 | 2 | 2 | 980 | 3,900 Sq. Ft |
| 20959 Strathern, Canoga Park, CA, 91304 | $935,000 | 5 | 3 | 2,125 | 7,507 Sq. Ft |
| 21049 Community, Canoga Park, CA, 91304 | $899,000 | 3 | 2 | 1,678 | 6,056 Sq. Ft |
| 7702 De Soto, Canoga Park, CA, 91304 | $950,000 | 2 | 2 | 1,383 | 7,862 Sq. Ft |
| 8801 Eton Avenue #64, Canoga Park, CA, 91304 | $289,801 | 2 | 2 | 1,000 | 6,000 Sq. Ft |
| 8801 Eton, Canoga Park, CA, 91304 | $168,999 | 2 | 2 | 1,392 | -- |
| 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 | -- |
| 8801 Eton Avenue #132, Canoga Park, CA, 91304 | $394,000 | 3 | 2 | 1,251 | -- |
| 7725 Loma Verde Avenue, Canoga Park, CA, 91304 | $1,150,000 | 4 | 4 | 2,500 | 7,500 Sq. Ft |
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ByOwner last updated this listing 10/08/2026 @ 18:15
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