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$ 3,100,000
Est. payment | /mo
22 Beds
20 Baths
15,888 SqFt
$ 3,100,000
Est. payment | /mo
22 Beds
20 Baths
15,888 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 15,888 sqft
Price per Sqft $195
MLS Listing ID 26666201
Bedrooms 22
HOA Y/N No
Year Built 1961
Lot Size 0.439 Acres
Property 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.
Location
State CA
County Los Angeles
Area Cp - Canoga Park
Zoning LAR3
Interior
Fireplace No
Exterior
Parking Features Carport
Total Parking Spaces 20
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2779041012
Special Listing Condition Standard
Listed by Michael Sterman Marcus & Millichap #01911703
NEARBY SCHOOL & BUSINESS
22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA
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