Address
21041 Hart Street Canoga Park, CA
Price
$ 2,195,000
Property Attributes
  • MLS#SR20169571
  • TypeCommercial
  • CountyLOS ANGELES
  • CityCanoga Park
  • AreaCanoga Park
  • Zip91303
  • StyleMulti Family
  • Price$ 2,195,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4614
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

Carport Spaces 6.00
Current Financing None
Directions North of Vanowen, South of Sherman Way, West of DeSoto
Listagentaor Southland
Listing Agent Kevin Pike - BRE#01990544
Listing Agent State License 01990544
MLS Area CP - Canoga Park
Number of Units Leased 5
Price Per Square Foot 475.73
Property SubType Multi Family
Property Type Commercial Sale
Source System CRMLS
Special Listing Conditions Standard
Total Units 15
Zoning LAR1

Interior Features

Condo Area Unit Type Square Feet
Laundry Features Gas Dryer Hookup, Washer Hookup

Exterior Features

Building Area Total 4614.00
Land Use Multi-Family
Lot Size Source Assessor
Number of Buildings 5
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

Property vs Zip Code Average in 91303

Price
AVG $1.4M
$2.2M
Visits
AVG 46
105
Year Built
AVG 1956
1959

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