20957 Community, Canoga Park, CA 91304
Local realty services provided by:ERA North Orange County Real Estate
20957 Community,Canoga Park, CA 91304
$1,350,000
- 3 Beds
- 2 Baths
- 1,552 sq. ft.
- Single family
- Active
Listed by: howard herron
Office: litchfield asset management, inc
MLS#:SR26140456
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,350,000
- Price per sq. ft.:$869.85
About this home
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 containing 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 wil...
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Home facts
- Year built:1950
- Listing ID #:SR26140456
- Added:1 day(s) ago
- Updated:June 29, 2026 at 02:31 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
- Living area:1,552 sq. ft.
Heating and cooling
- Cooling:Central Forced Air
- Heating:Forced Air Unit
Structure and exterior
- Year built:1950
- Building area:1,552 sq. ft.
- Architectural Style:Traditional
- Construction Materials:Stucco
- Exterior Features:Concrete
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$869.85
Features and amenities
- Appliances:Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
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