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INVESTOR OPPORTUNITY: CASH-FLOWING CORNER "L" SHAPE PROPERTY WITH EXPANSION POTENTIAL IMMEDIATE INCOME + FUTURE UPSIDE This exceptional corner property delivers reliable rental income. The unique layout and prime location offer tremendous potential for increased cash flow through modifications. INVESTOR-FRIENDLY FEATURES Low-maintenance NON-RENT-CONTROLLED property with reliable month to month tenant base who pay rent on 1st of each month. Never late. No hassle. TURN-KEY INVESTMENT With tenants in place and multiple income stream opportunities, this corner property offers both immediate returns and growth potential. MAXIMUM INCOME POTENTIAL "¢ 3 bedrooms plus flexible bonus area with kitchenette infrastructure "¢ Primary suite with private entrance and bathroom with maximum privacy - potential separate rental conversion "¢ 500 sq ft vacant corner lot space with potential for ADU development and independent street access "¢ Pool completely renovated with new plaster, plumbing, and tiles "¢ Large storage shed and large covered patio with washer/dryer hookups "¢ Landscaping includes fruits trees including Lemon tree, Fig Tree, Avocado, Apple and Lime Tree "¢ Close access to Sherman Way, Vallarta supermarket, other shops, and bus line. "¢ Low maintenance and is perfect to retain to live in or as an investment property. ***Buyer to investigate all related feasibility, city permits for building, construction, and/or unit separation Property will be sold AS IS.
Property Type(s):
Residential Income
| Last Updated | 7/7/2025 | Year Built | 1951 |
|---|---|---|---|
| Community | CP - Canoga Park | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Freezer, Gas Oven, Microwave, Refrigerator |
| AREA | CP - Canoga Park |
| EXTERIOR | Garden, Lighting |
| HEAT | Central |
| INTERIOR | Master Downstairs, Recessed Lighting |
| LOT | 6538 sq ft |
| LOT DESCRIPTION | Front Yard, Garden, Irregular Lot, Landscaped, Level, Near Public Transit, Paved |
| PARKING | Attached Carport, Concrete, Covered, Carport, Driveway, Gated, Private, RV Access/Parking, Side By Side, Tandem, Unassigned |
| POOL | Yes |
| POOL DESCRIPTION | Private |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with LRS Realty & Management Inc.
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This IDX solution is (c) Diverse Solutions 2025.
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