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.
| MLS # | 26843847 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 101 |
| Listing Provided By | First Capital Investment Realty | Farhad Navazi |
| SQ Feet | 7,492 |
|---|---|
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.23 |
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Shingle |
|---|---|
| Security Features | Carbon Monoxide Detectors, Security Gate |
| Construction Materials | Stucco |
| Lot Features | Corner Lot, Front Yard, Garden, Near Public Transit, Rectangular Lot |
| Electric | Standard |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Canoga Park |
| Zip Code | 91304 |
| Area | CP Canoga Park |
| Listing VS Median (in 91304) | |
Price: $2,249,000 low | high Med: $1,575,000 sqft: 7,492 low | high Med: 2,880 $ / sqft: $300 low | high Med: $547 On site: 101 low | high Med: 8 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Canoga Park |
| Zip Code | 91304 |
| Area | CP Canoga Park |
| Listing VS Median (in 91304) | |
Price: $2,249,000 low | high Med: $1,575,000 sqft: 7,492 low | high Med: 2,880 $ / sqft: $300 low | high Med: $547 On site: 101 low | high Med: 8 | |