9015 Owensmouth Avenue, Canoga Park, CA 91304

Canoga Park
Local realty services provided by:ERA Excel Realty
9015 Owensmouth Avenue,Canoga Park, CA 91304
$5,160,000
  • 70 Beds
  • 40 Baths
  • 24,500 sq. ft.
  • Multi-family
  • Active
Listed by: daniel withers
Office: matthews real estate investment services866-889-0550
MLS#:26672753
Source:CRMLS

Price summary

  • Price:$5,160,000
  • Price per sq. ft.:$210.61

About this home

9015 Owensmouth Ave 20-Unit Townhome-Style Asset on 1.10 AcresThis is a rare deal that offers both strong in-place cash flow and significant upside through renovation, ADUs, and future redevelopment.Key Highlights:Key Highlights:* 20-unit apartment community (1972) with large townhome units: (10) 4+2 and (10) 3+1.5 totaling 24,500 SF * Current NOI of approximately $299K with ~41% rental upside to market * Offered at $5.4M (~5.79% cap, $258K/unit, $210/SF, 9.97 GRM) * Situated on a rare 1.10-acre LAR3-zoned lot in an Opportunity ZoneValue-Add + Development Upside:* Immediate ADU potential: up to 13 additional units (conversion + detached) * By-right development potential of ~60 units* Up to ~102 units achievable with Tier 3 TOC incentives Location Fundamentals:* Positioned just off Topanga Canyon Blvd near Warner Center, CSUN, and Westfield Topanga* Strong rental demand with market rents significantly above current in-place rents* Excellent access to the 101 & 118 freeways and major...

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Home facts

  • Year built:1972
  • Listing ID #:26672753
  • Added:135 day(s) ago
  • Updated:August 16, 2026 at 01:18 PM

Rooms and interior

  • Bedrooms:70
  • Total bathrooms:40
  • Living area:24,500 sq. ft.

Structure and exterior

  • Year built:1972
  • Building area:24,500 sq. ft.
  • Lot area:1.11 Acres
  • Levels:Multi Split

Finances and disclosures

  • Price:$5,160,000
  • Price per sq. ft.:$210.61

Parking

  • Total parking spaces:40
  • Parking description:Assigned
Based on information from California Regional Multiple Listing Service, Inc. as of August 16, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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