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    21041 Hart Street

    Canoga Park, CA 91303
    • $2,195,000
    • STATUS: Active
    • ON SITE: 40 days
    • ID#: SR20169462
    UPDATED: 34 min ago
    $2,195,000
    • 0
      BEDS
    • 0.69
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-29T08:26:21.65. 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 Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/109169158
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    21041 Hart Street Canoga Park, CA 91303

    • Price: $2,195,000
    • Status: Active
    • Updated: 34 min ago
    • ID#: SR20169462
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.69
    Acres
    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

    Lot Features 0-1 Unit/AcreLot 20000-39999 SqftRectangular LotLevelNear Public TransitYard Lot Size Source Assessor Lot Size Units Square Feet View Neighborhood View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Storm DrainsStreet LightsSuburban Country Us Distance To Water Comments 25 Elevation Units Feet Land Lease YN No New Construction YN No Senior Community YN No Special Listing Conditions StandardTrust 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 2020-09-29T08:26:21.65. 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 Marelly Group | Compass. Licensed in the State of California, USA.

     
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    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003