9015 Owensmouth Ave - Apartments FOR SALE


Canoga Park, CA 91304
$5,800,000 USD
310-365-5054
9015 Owensmouth Ave, Canoga Park, CA for Sale
$5,800,000 USD
Apartments - FOR SALE
1/4
null | 5% Cap Rate

9015 Owensmouth Ave
Canoga Park, CA 91304


HIGHLIGHTS

  • 20-unit townhome-style multifamily asset with ±24,500 SF on ±1.10 acres in Canoga Park
  • Current NOI of ±$289,922 and 5% cap rate with significant rental upside
  • Excellent unit mix: (10) 4+2 and (10) 3+1.5, all townhome style units
  • Rare ADU opportunity: up to 13 new ADUs possible for value-add upside
  • Immediate proximity to Westfield Topanga & The Village and major employers
  • LAR3 zoning in Opportunity Zone with future redevelopment potential up to 102 units

OVERVIEW

David Harrington Matthews Real Estate Investment Services, Inc License # 02168060, 01320460 (CA) 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245 (866) 889-0550

FOR SALE DETAILS

PRICE

$5,800,000 USD

PRICE/SF

$238 USD /SF

# OF UNITS

20

PRICE/UNIT

$290,000

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

LAR3

APN/PARCEL ID

2779-020-042

ASK ABOUT THIS PROPERTY

Daniel WithersMatthews Real Estate Investment ServicesMore Info
310-365-5054

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Daniel WithersMatthews Real Estate Investment ServicesMore Info
310-365-5054

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.