7716 Owensmouth Ave Active Save Request In-Person Tour Request Virtual Tour
Canoga Park,CA 91304
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,960 sqft
Price per Sqft $561
MLS Listing ID 25579177
Style Ranch
Bedrooms 5
Full Baths 3
Construction Status Value Mainly In Land
HOA Y/N No
Year Built 1953
Lot Size 0.359 Acres
Acres 0.3589
Property Sub-Type Single Family Residence
Property Description
A rare investment opportunity on an expansive 15,629 SF gated lot in one of Los Angeles most dynamic growth corridors. Behind a private horseshoe drive, the property offers two existing residences with separate addresses, plus ready-to-issue permits for a newly designed 1,200 SF two-story detached ADU delivering a unique combination of immediate income and long-term upside. The primary home features 3 bedrooms, 2 bathrooms, a light-filled living room, bonus room, and an updated kitchen with granite counters. The generous primary suite includes an en-suite bath, with two additional bedrooms and a covered patio ideal for entertaining. An attached 2-bedroom, 1-bath ADU offers approved plans for conversion into a Jr. ADU, further enhancing the property's income potential when paired with the new detached ADU build. The property currently has month-to-month tenants, paying $6,800 per month in rent - with projected gross income of approximately $11,000/month upon completion, this is a cash-flow asset in a prime location equally compelling for investors, developers, and discerning end-users.
Location
State CA
County Los Angeles
Area Canoga Park
Zoning LARS
Rooms
Other Rooms None
Dining Room 0
Kitchen Ceramic Counters
Interior
Heating Central
Cooling Central, Air Conditioning
Flooring Carpet, Hardwood
Fireplaces Number 1
Fireplaces Type Living Room
Equipment Dryer, Washer, Solar Panels, Microwave, Refrigerator, Dishwasher
Laundry Room
Exterior
Parking Features Garage - 3 Car, Driveway
Garage Spaces 2.0
Fence Wrought Iron
Pool None
Waterfront Description None
View Y/N Yes
View Hills
Roof Type Asphalt
Handicap Access None
Building
Lot Description Back Yard
Story 1
Foundation None
Sewer Public Hookup Available
Water District
Architectural Style Ranch
Level or Stories One
Structure Type Plaster, Stucco
Construction Status Value Mainly In Land
Schools
School District Los Angeles Unified
Others
Special Listing Condition Standard