9015 Owensmouth Ave
los angeles, CA 913045.095.000 $
- 70 BRapprox. 24,500 SF
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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.
Details
24,500 Sq Ft
1.105 Private Acres Losgröße
investition
Integriert 1972
MLS/Listing-ID 26672753
2 Geschichten
20 Einheiten
Ausstattung & Merkmale
Cooling - Other
Heating - Other
Parking - Assigned
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