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$ 2,249,000
Est. payment | /mo
7,492 SqFt
$ 2,249,000
Est. payment | /mo
7,492 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 7,492 sqft
Price per Sqft $300
MLS Listing ID CL26843847
HOA Y/N No
Year Built 1959
Lot Size 9,855 Sqft
Acres 0.2262
Property Sub-Type Comm Ind For Sale
Property Description
10-Unit Value-Add Multifamily | First Capital Investment Realty presents 8000 Owensmouth Avenue, a 100%-leased, 10-unit multifamily asset in the heart of Canoga Park. Built in 1959 and held by the same owner since 2011, the property offers 7,492 SF across eight 1BR/1BA and two 2BR/1BA units on a 9,855 SF LAR3 corner lot. Priced at $224,900 per unit (roughly 39% below the LA metro average), the asset pairs stable in-place income with a clear value-add path. Located about one mile from the $10 billion Rams Village development and within the 1,100-acre Warner Center 2035 Specific Plan area, the property carries a Walk Score of 86 with easy access to Westfield Topanga, Warner Center employers, transit, and the 101 freeway. A textbook, low-risk value-add opportunity in one of the San Fernando Valley's fastest-transforming submarkets.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Exterior
Total Parking Spaces 9
Building
Water Public
New Construction No
Others
Tax ID 2110018001
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Listed by Farhad Navazi • First Capital Investment Realty
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