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- ML#SR20168971
- TypeIncome
- CountyLOS ANGELES
- CityCanoga Park
- AreaCanoga Park
- Zip91303
- Style
- Price$ 2,195,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4614
- Lot Size0.69 Acres
Listing Provided Courtesy Of:
Kevin Pike with Coldwell Banker Greater Valleys.
Property Description
Amazing opportunity to own five detached homes in a centralized residential area of Canoga Park. This 30,000 sq foot rectangular flat lot includes five detached homes. Each home, of almost 1,000 sq feet, features three bedrooms, one bath with separate meters for all utilities and individual private yards.. Hook-ups for washers and dryers exist in separate rooms, which may potentially be converted into second bathrooms. Ample parking for 18 cars, with six covered spaces, and an excess of green space. This property is well suited for a huge upside potential. As per LAR1 zoning the buyer may be able to build one additional ADU and a junior ADU to increase total the total rental count to seven. Also, with the proper city permits it may be possible to sub-divide t his property into five lots, each with a main unit, a junior ADU and a larger two-story ADU, which may greatly increase the current CAP rate. Current rentals total $10,900 monthly for the five current units, with expenses totally approx $24,240 per year. Proforma rent is about $12,000 per month.Offers subject to interior inspections.
Price History | |
---|---|
8/19/2020 | Listed $2,195,000 |
General Features
Attached Structure | Detached |
---|---|
Carport Spaces | 6.00 |
Community Features | Dog Park, Sidewalks, Storm Drains, Street Lights, Suburban, Valley |
Directions | North of Vanowen, South of Sherman Way, West of DeSoto |
Garage Spaces | 0.00 |
HOA Fee | 0.00 |
Levels | One |
Listagentaor | Southland |
Listing Agent | Kevin Pike - BRE#01990544 |
Listing Agent State License | 01990544 |
MLS Area | CP - Canoga Park |
Parking Features | Assigned, Carport, Asphalt |
Pool Features | None |
Price Per Square Foot | 475.73 |
Roof | Composition |
Security Features | Automatic Gate |
Sewer | Public Sewer |
Source System | CRMLS |
Special Listing Conditions | Standard, Trust |
Total Units | 5 |
Zoning | LAR1 |
Interior Features
1st Bedroom Area Unit Type | Square Feet |
---|---|
2nd Bedroom Area Unit Type | Square Feet |
3rd Bedroom Area Unit Type | Square Feet |
Common Walls | No Common Walls |
Fireplace Features | None |
Laundry Features | Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Washer Hookup |
Laundry Y/N | Yes |
Studio Area Unit Type | Square Feet |
Exterior Features
Building Area Total | 4614.00 |
---|---|
Fence Y/N | Yes |
Fencing | Electric |
Lot Dimensions | 100x300 |
Lot Features | 2-5 Units/Acre, Landscaped, Lawn, Lot 20000-39999 Sqft, Rectangular Lot, Near Public Transit, Yard |
Lot Size Acres | 0.6888 |
Lot Size Area | 30004.0000 |
Lot Size Square Feet | 30004.00 |
Lot Size Units | Square Feet |
Number of Buildings | 5 |
Number of Separate Electric Meters | 5 |
Number of Separate Gas Meters | 5 |
Number of Separate Water Meters | 5 |
Parking Y/N | Yes |
Total Parking | 18.00 |
Uncovered Spaces | 12.00 |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool