A rare investment opportunity on an expansive 15,629 SF gated lot in one of Los Angeles most dynamic growth corridors. Behind a private horseshoe drive, the property offers two existing residences with separate addresses, plus ready-to-issue permits for a newly designed 1,200 SF two-story detached ADU delivering a unique combination of immediate income and long-term upside. The primary home features 3 bedrooms, 2 bathrooms, a light-filled living room, bonus room, and an updated kitchen with granite counters. The generous primary suite includes an en-suite bath, with two additional bedrooms and a covered patio ideal for entertaining. An attached 2-bedroom, 1-bath ADU offers approved plans for conversion into a Jr. ADU, further enhancing the property’s income potential when paired with the new detached ADU build. The property currently has month-to-month tenants, paying $6,800 per month in rent – with projected gross income of approximately $11,000/month upon completion, this is a cash-flow asset in a prime location equally compelling for investors, developers, and discerning end-users.
Property Details
Price:
$1,100,000
MLS #:
25579177
Status:
Active
Beds:
5
Baths:
3
Address:
7716 Owensmouth Avenue
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
cpcanogapark
City:
Canoga Park
Listed Date:
Aug 15, 2025
State:
CA
Finished Sq Ft:
1,960
ZIP:
91304
Lot Size:
15,634 sqft / 0.36 acres (approx)
Year Built:
1953
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Schools
School District:
Los Angeles Unified
Interior
Appliances
Dishwasher, Microwave, Refrigerator, Oven
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Wood
Heating
Central
Laundry Features
Washer Included, Dryer Included, Individual Room
Exterior
Architectural Style
Ranch
Construction Materials
Plaster, Stucco
Parking Features
Garage – Three Door, Driveway
Parking Spots
2.00
Security Features
Smoke Detector(s)
Financial
Map
Community
- Address7716 Owensmouth Avenue Canoga Park CA
- AreaCP – Canoga Park
- CityCanoga Park
- CountyLos Angeles
- Zip Code91304
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7716 Owensmouth Avenue
Canoga Park, CA
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