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    21041 Hart Street

    Canoga Park, CA 91303
    • $2,195,000
    • STATUS: Active
    • ON SITE: 102 days
    • ID#: SR20169571
    UPDATED: 48 min ago
    $2,195,000
    • 0
      BEDS
    • 0.69
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,614
      SQFT
    • $476
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1959
    County:

    School Ratings & Info

    Description

    Amazing opportunity to own five detached homes in a great centralized residential area of Canoga Park. This 30,000 sq foot property includes five detached homes, all with separate meters for all utilities, and hook-ups for washers and dryers and individual private yards. Ample parking for 18 cars, with six covered spaces, and lots of green space.This property is well suited for a huge upside potential. With the proper city permits it may be possible to sub-divide t his property into five lots, each with a main unit, a junior ADU and a larger two-story ADU, which may greatly increase the current CAP rate.Current rentals total $9,924 monthly for the five current units, with expenses totally approx $24,240 per year. Proforma rent is $12,250 per month. This amount is very likely to increase in the months and years ahead, as inventory of available housing remains very low. Offers subject to interior inspections.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-30T17:33:29.493. 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 deemed reliable but is not guaranteed accurate by the MLS or The Results Group | Berkshire Hathaway HomeServices California Realty. Licensed in the State of California, USA.

    www.redlandsland.com/homes/109155601
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    21041 Hart Street Canoga Park, CA 91303

    • Price: $2,195,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: SR20169571
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.69
    Acres
    4,614
    SQFT
    $476
    $/SQFT
    1959
    Built
    Neighborhood:
    CP - Canoga Park
    County:
    Los Angeles
    Area:
    CP - Canoga Park
    Property Description
    Amazing opportunity to own five detached homes in a great centralized residential area of Canoga Park. This 30,000 sq foot property includes five detached homes, all with separate meters for all utilities, and hook-ups for washers and dryers and individual private yards. Ample parking for 18 cars, with six covered spaces, and lots of green space.This property is well suited for a huge upside potential. With the proper city permits it may be possible to sub-divide t his property into five lots, each with a main unit, a junior ADU and a larger two-story ADU, which may greatly increase the current CAP rate.Current rentals total $9,924 monthly for the five current units, with expenses totally approx $24,240 per year. Proforma rent is $12,250 per month. This amount is very likely to increase in the months and years ahead, as inventory of available housing remains very low. Offers subject to interior inspections.
    Exterior Features

    Carport Spaces 6.00 Lot Features 2-5 Units/AcreBack YardFront YardGardenLandscapedLawnLot 20000-39999 SqftRectangular LotYard Lot Size Dimensions 100X300 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 18.00 Uncovered Spaces 12.00

    Interior Features

    Condo Area Units Square Feet Laundry Features Gas Dryer HookupWasher Hookup

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Current Financing None Land Use Multi-Family Laundry YN Yes Leasable Area Units Square Feet Lot Dimensions Source Public Records Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 5 Property Sub Type Multi Family Special Listing Conditions Standard Water Source Public Zoning Lar1

    Listing provided courtesy of Kevin Pike of Coldwell Banker Greater Valleys


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-30T17:33:29.493. 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 deemed reliable but is not guaranteed accurate by the MLS or The Results Group | Berkshire Hathaway HomeServices California Realty. Licensed in the State of California, USA.

     
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    The Results Group | Berkshire Hathaway HomeServices California Realty
    501 Stuart Street, Suite 101
    Redlands CA, 92373