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70 Beds
40 Baths
24,500 sqft

$5,095,000

9015 Owensmouth Ave, Canoga Park CA, 91304

Price per sqft$207.96
Built in1972
Property size24,500 sqft
Property typeMulti-family

Overview

Active

Listed Apr 2, 2026

Updated 22h ago

9015 Owensmouth Ave | 20-Unit Townhome-Style Asset on 1.10 AcresRare value-add opportunity offering approximately 41% rental upside to market, providing significant potential for NOI growth through mark-to-market rents, while also offering substantial ADU and redevelopment potential.Key Highlights:20-unit townhome-style community totaling approximately 24,500 SF~41% rental upside to market with significant NOI growth potentialCurrent NOI of approximately $299KOffered at $5.095M (~5.88% cap rate; $254,750/unit; $207/SF)Rare 1.10-acre LAR3-zoned lot in an Opportunity ZonePotential for up to 13 additional ADUsPotential for approximately 60 units by-right, with up to ~102 units under Tier 3 TOC incentivesPrime Canoga Park location near Warner Center, CSUN and Westfield Topanga, with convenient access to the 101 and 118 freewaysInvestment Opportunity:Unlock significant value by bringing rents closer to market, adding ADUs, and pursuing the property's longer-term redevelopment potential.

$33,897/mo

Est. mortgage payment based on a $5,095,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26672753

Interior Features

Bedrooms
70
Bathrooms
40
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.1 Acres

Listed by Daniel Withers with Matthews Real Estate Investment Services
Listing Contact: 818-923-6107 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Dana & Jeff Luxury Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/25/2026

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