Welcome to this beautifully updated DUPLEX opportunity in the heart of Canoga Park — Woodland Hills adjacent! Situated on a large 8,000+ sf. lot with 2 separate street addresses, this high-performing income property features two fully DETACHED HOMES with NO SHARED WALLS, both gated for added privacy & security with separate driveways and generous outdoor space. Both homes are currently tenant-occupied on one-year leases and generating strong rental income. 21511 Bassett St. offers approximately 1,260 sq ft of living space with 3 BR/2 BA, includes a dedicated laundry room, and is leased at $3,500 a month. This unit also features a brand-new, beautifully tiled walk-in shower. The second home, located on the corner at 6903 Alabama Ave., features approximately 926 sq ft, offers 2BR/1.5 BA, includes an attached 2-car garage with washer/dryer hookups, and is leased at $3,000 a month — providing immediate, stable cash flow from day one. Plus the versatility of this property allows a future owner to live in one unit while renting out the other to offset the mortgage and generate passive income. Both homes have been remodeled on the interior, showcasing vinyl plank flooring throughout, updated kitchens with granite countertops, stainless steel appliances, and newer cabinetry, creating a modern, turnkey living environment. Property highlights include separate tankless water heaters, 2 electrical meters, 2 gas meters, and one shared water meter. Tenants pay for all utilities except water/sewer, helping minimize owner expenses & maximize NOI. Major upside potential: This property qualifies for the Transit Oriented Communities (TOC) Tier 3 program, opening the door to significant development incentives. A future owner may leverage TOC density bonuses combined with California ADU regulations, creating the potential to expand the existing duplex and transforming it into a large multifamily asset (Buyer to verify all zoning options available). Prime, walkable location just steps away from The Village, Westfield Topanga Mall, Topanga Social, Warner Center, Costco, Target, premier dining, entertainment, and everyday conveniences — driving strong tenant demand and long-term value. Whether you’re seeking immediate income, long-term appreciation, or development upside, this property delivers cash flow, scalability and location all in one rare opportunity. Some images have been virtually staged/enhanced. https://booking.phorvi.com/disclosure/8bfc28dbc64da1231135aeba129511a4
Great opportunity! 7 unit building with a 2+2 , 2+1, 1+1 and 4 studios. All units have individual gas and electric meters and large storage spces as well. Large lot with potential to build ADU's. Great Canoga Park area close to Warner Center.
Discover 21721 Hart St, a newer four-unit apartment building located in one of Los Angeles' fastest-growing submarkets. Built in 2023 and offering over 6,000 square feet of modern improvements, this property combines contemporary design with exceptional long-term fundamentals. Residents enjoy sleek interiors, open floor plans, abundant natural light, and private balconies, all supported by low-maintenance systems such as solar panels and individual utility metering. With strong rental demand, proximity to major lifestyle destinations, and a projected 5% cap rate once fully stabilized, this property provides both immediate performance and meaningful future upside. Positioned near Westfield Topanga, Rams Village, Calabasas, and the 101 Freeway, 21721 Hart St stands out as a premier West Valley investment with enduring appeal.
We are pleased to present the 2020-constructed, nine-unit multifamily community located at 7018 Alabama Avenue in Canoga Park, California, within a quarter mile of Westeld Topanga and The Village. The Offering features a highly desirable unit mix consisting of four two-bed/two-bath ats, one three-bed/three-bath townhouse, three three-bed/three-bath + den townhouses, and one four-bed/four-bath townhouse, catering to high-income households seeking space, privacy, and modern nishes. The property benets from its location within the rapidly evolving West Valley submarket, and from its immediate proximity to Warner Center, an established and expanding employment and lifestyle hub. Warner Center is currently experiencing over $5 billion in capital investment across major ofce, retail, hospitality, and residential developments, reinforcing long-term demand fundamentals. Additionally, the Offering is surrounded by afuent, high-barrier neighborhoods including Woodland Hills, Calabasas, Hidden Hills, and West Hills, and is a short drive to Westeld Topanga and The Village, the third-largest shopping center in the United States, offering best-in-class retail, dining, and entertainment amenities.The Offering is a townhouse-style, non-rent-controlled luxury community representing one of the newer-vintage multifamily assets in the West Valley. Residences are designed with open oor plans, expansive windows, and generous balconies and sliders, delivering abundant natural light and indoor-outdoor living. Interior nishes include custom European cabinetry, Grohe xtures, quartz surfaces, hardwood ooring, digital climate control, and en-suite laundry, complemented by Samsung appliance packages, gas ranges, and full kitchens equipped with refrigerators, microwaves, dishwashers, and disposals. The community offers a curated set of modern amenities and infrastructure features uncommon for boutique assets, including a rooftop deck, EV-charger hookups, elevator access, secured storage areas, and a state-of-the-art security system with controlled/gated access and private nighttime security. These features support premium rents, tenant retention, and long-term asset competitiveness.Furthermore, the property boasts walkable access to the Metro Orange Line, providing direct connectivity to North Hollywood and the broader Los Angeles transit network. Overall, this turnkey, non-rent-controlled investment presents a rare opportunity to acquire a 2020-vintage luxury multifamily asset in a supply-constrained, high-income West Valley location with strong demographic tailwinds and long-term growth drivers.
Exceptional investment opportunity in the heart of Canoga Park! This well-maintained five-unit apartment building features all spacious two-bedroom units, each offering comfortable layouts and strong rental appeal. The property currently has below-market rents, providing excellent upside potential for increased income. Ideally situated near the rapidly developing Woodland Hills and Warner Center areas, the building is just minutes from Westfield Topanga Mall and The Village at Topanga, two of the San Fernando Valley’s premier shopping and dining destinations. Tenants enjoy convenient access to major freeways, transportation, schools, and entertainment. A rare chance to own a solid, income-producing property in one of the Valley’s most dynamic and improving neighborhoods.
Rare Completely Gated & Private home with Potential ***ADU*** READY STRUCTURE Over 1,000 Sq Ft of Expansion Potential. A standout opportunity for investors, developers, or luxury-minded homeownersthis privately gated 3-bedroom, 2-bathroom residence sits on an expansive lot in the heart of Canoga Park, offering a unique blend of existing livability & high-value upside. The property includes a fully permitted two-story garage extension exceeding 1,000 sq ft, complete with existing plumbing and electrical, making it primed for ADU conversion, boutique rental, or multi-generational living. This rare permitted space positions the home as an income-generating asset with long-term potential in a rapidly appreciating market. Inside, the home features a spacious layout with a generous master suite, while the expansive front and backyards offer opportunities for outdoor entertaining, luxury landscaping, or further expansion. A long private driveway, covered carport, and dual vehicle access from the front and back alley provide flexibility and conveniencesought-after features in today's market. Ideally situated near Westfield Topanga & The Village, with close access to high-end retail, fine dining, and upscale amenities. Just minutes from the Rams Training Facility, Warner Center, and major freeways, this location offers the perfect balance of suburban privacy and urban access. Investment-Ready Potential: While the property is in clean condition, it invites personalization offering a prime opportunity to renovate or reposition with luxury finishes. The strong bones, generous lot size, and ADU infrastructure make this a highly attractive candidate for immediate or long-term returns. Surrounded by ongoing redevelopment and high-demand rental inventory. Whether you're looking to add to your portfolio, build a private compound, or customize your dream home with income potential this is the opportunity that checks every box.
The Alabama property currently consists of ten, one bedroom, one bath multifamily units built over sub-terranean parking. Adjacent to Warner Center. 2.5 blocks north of Vanowen, west of Canoga. Substantial redevelopment in immediate area. Built in 1977. 12 sub-terranean parking spaces. All one bedroom, one bath units. Front owners-type unit with fireplace. Walk score of 82 - Walk to Westfield Regional Mall. 91 Bike Score - Bikers Paradise. Individually metered gas and electric. Alley access. Laundry room and storage room. Approximately 10.5% upside in rents.
This Exceptional! Main house and two exquisitely new dwellings on one lot in the lovely community of Canoga Park. Main home residence and a fully 2 permitted dwelling units/ADU that would make a perfect guest house, or extended family quarters. The main house is 2000 sqft including 4 bedrooms and 2 bathrooms. Two ADU's each offers 850 sqft including 2 bedrooms and 2 bathrooms, with kitchen, cozy family room, roof, plumbing and electrical, separate enclosed gate, sitting area and atrium at the back. This is such a rare find and a fabulous opportunity for savvy investor seeking rental income or multi-generational living solution!! make it yours. Don't miss out on this exceptional opportunity to acquire this investment property with endless potential.
Canoga Park is located in California.
