7716 Owensmouth AVE Active Save Request In-Person Tour Request Virtual Tour
Canoga Park,CA 91304
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,960 sqft
Price per Sqft $561
MLS Listing ID 25579177
Bedrooms 5
Full Baths 3
Year Built 1953
Lot Size 0.359 Acres
Property Sub-Type Single Family Residence
Property Description
A rare investment opportunity on an expansive 15,629 SF gated lot in one of Los Angeles most dynamic growth corridors. Behind a private horseshoe drive, the property offers two existing residences with separate addresses, plus ready-to-issue permits for a newly designed 1,200 SF two-story detached ADU delivering a unique combination of immediate income and long-term upside. The primary home features 3 bedrooms, 2 bathrooms, a light-filled living room, bonus room, and an updated kitchen with granite counters. The generous primary suite includes an en-suite bath, with two additional bedrooms and a covered patio ideal for entertaining. An attached 2-bedroom, 1-bath ADU offers approved plans for conversion into a Jr. ADU, further enhancing the property's income potential when paired with the new detached ADU build. The property currently has month-to-month tenants, paying $6,800 per month in rent - with projected gross income of approximately $11,000/month upon completion, this is a cash-flow asset in a prime location equally compelling for investors, developers, and discerning end-users.
Location
State CA
County Los Angeles
Area Cp - Canoga Park
Zoning LARS
Interior
Heating Central
Cooling Central Air
Flooring Carpet,Wood
Fireplaces Type Living Room
Laundry Laundry Room
Exterior
Parking Features Door-Multi,Driveway,Garage
Fence Wrought Iron
Pool None
View Y/N Yes
View Hills
Building
Lot Description Back Yard
Story 1
Sewer Other
Water Public
New Construction No
Schools
School District Los Angeles Unified
Others
Special Listing Condition Standard