20957 Community Street, Canoga Park, CA 91304
Local realty services provided by:ERA North Orange County Real Estate
20957 Community Street,Canoga Park, CA 91304
$1,299,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Single family
- Coming Soon
Listed by: john tran
Office: luxury collective424-395-4841
MLS#:SR26146133
Source:CRMLS
Price summary
- Price:$1,299,000
About this home
Exceptional SB9 investment and development opportunity on an approximately 8,623 Sq. Ft. corner lot in Canoga Park. The property is in the final stages of an SB9 Urban Lot Split designed to create two separately deeded parcels, offering immediate rental income and outstanding future development potential. The front parcel, 20957 Community St., will consist of approximately 5,174 Sq. Ft. and features a 2-bedroom, 2-bathroom residence plus a converted 2-car garage configured as a 1-bedroom, 1-bath Junior ADU, completed prior to the current owner's purchase. The main residence is currently leased for $3,200 per month through May 2027. Seller states the Junior ADU has an estimated market rental potential of approximately $1,950 per month, for projected gross rental income of approximately $5,150 per month ($61,800 annually). Buyer to verify lease terms, rental income, and market rents. The future rear parcel, 8400 Independence Ave., will consist of approximately 3,450 Sq. Ft. and has already been assigned its own address. The parcel includes an existing approximately 350 Sq. Ft. structure. Seller states approved plans provide for expansion of the existing structure into an approximately 1,500+ Sq. Ft. single-family residence. A new vinyl fence has already been installed along the proposed property line to physically separate the two future parcels. Seller states all required SB9 agency clearances have been obtained, with only the final approximately $17,000 Park (Quimby) fee remaining before the City records the final parcel map. Upon completion, Seller states the property is expected to be legally divided into two separate parcels, each with its own title deed and Assessor Parcel Number (APN). Buyer to independently verify all permits, approvals, square footage, development potential, fees, timelines, lease information, rental income, and remaining SB9 requirements with the appropriate governmental agencies. A rare opportunity to acquire an income-producing property with substantial entitlement work already completed while offering the opportunity to complete one of Canoga Park's most unique SB9 development projects. Shown by appointment only. Do not disturb occupants....
Contact an agent
Home facts
- Year built:1950
- Listing ID #:SR26146133
- Updated:July 08, 2026 at 07:34 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1950
- Lot Features:Back Yard, Front Yard, Rectangular Lot
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,299,000
Features and amenities
- Laundry features:Inside, Outside
- Amenities:All Bedrooms Down
New listings near 20957 Community Street
- New
$168,999Active2 beds 2 baths1,392 sq. ft.8801 Eton, Canoga Park, CA 91304
MLS# SR26142021Listed by: KELLER WILLIAMS ENCINO/SHERMAN OAKS - New
$394,000Active3 beds 2 baths1,251 sq. ft.8801 Eton Avenue #132, Canoga Park, CA 91304
MLS# ML82053235Listed by: ADVANTAGE HOMES - Open Sat, 10am to 2pmNew
$154,900Active2 beds 2 baths24303 Woolsey Canyon Road #124, West Hills, CA 91304
MLS# PW26123554Listed by: ANGELA BLACK, BROKER - Open Sat, 11am to 2pmNew
$650,000Active3 beds 3 baths1,667 sq. ft.8341 De Soto #15, Canoga Park, CA 91304
MLS# SR26134762Listed by: LUXURY COLLECTIVE - Open Sat, 12 to 2pmNew
$1,699,999Active5 beds 4 baths4,108 sq. ft.23922 Eagle Mountain, West Hills, CA 91304
MLS# SR26127885Listed by: PINNACLE ESTATE PROPERTIES - Coming SoonOpen Fri, 11am to 1pm
$940,000Coming Soon3 beds 2 baths8501 Nevada, West Hills, CA 91304
MLS# SR26146566Listed by: KELLER WILLIAMS LUXURY - Open Sat, 11am to 2pmNew
$650,000Active3 beds 3 baths1,667 sq. ft.8341 De Soto #15, Canoga Park, CA 91304
MLS# SR26134762Listed by: LUXURY COLLECTIVE - Open Sat, 1 to 4pmNew
$699,000Active3 beds 3 baths1,294 sq. ft.22115 Hart Street, Canoga Park, CA 91303
MLS# 26851613Listed by: RODEO REALTY - Coming Soon
$230,000Coming Soon2 beds 2 baths8811 223 Canoga Avenue, Canoga Park, CA 91304
MLS# SR26136480Listed by: KELLER WILLIAMS VIP PROPERTIES