Canoga Park, CA91303
| 1370 sqft | MLS# SR25145873
Tract:
For Sale $795,000
Description
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.
Facts
| Built in 1951 | Lot Size: 6537.00 sqft | HOA Dues: $0/month
Features
Recessed Lighting
Listing provided by Fariba Manoucheri-Khoubian, LRS Realty & Management Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of July 16, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
