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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
50364728
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Shingle
- Exterior Property Features : Lighting
- Interior Features: Recessed Lighting,All Bedrooms Down,Bedroom on Main Level,Main Level Primary,Primary Suite
- Windows: Blinds
- Property Appliances: Dishwasher,Freezer,Gas Oven,Microwave,Refrigerator
- Fireplace: None
- Flooring: Wood
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1951
- Building Area Total: 1,370
- Roof: Shingle
Exterior Features
- Lighting
Foundation
- Raised
Security Features
- Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
Accessibility Features
- Parking
Pool Features
- Private
Laundry Features
- Washer Hookup,Gas Dryer Hookup,Outside
Fencing
- Wrought Iron
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1501
- Lot Size Source: Assessor
- Lot Size Square Feet: 6537
-
Listing Information
Listing Price Information
- Original List Price: 795,000
- Listing Contract Date: 2025-07-02
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2112011024
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Attached Carport,Concrete,Covered,Carport,Driveway,Gated,Private,RV Access/Parking,Side By Side,Tandem,Unassigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: All Utilities,Cable TV,Electricity,Gas,Trash Collection,Water
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: CP - Canoga Park
- Postal Code Plus 4: 1426
- Directions: Between Sherman Way and Saticoy. Corner of Variel and Runnymede.
- Zoning: LAR1
- Source Property Type: Residential Income
- Area: CP - Canoga Park
- Property SubType: Single Family Residence
Building and Construction
- Property Age: 74
- Common Walls: No Common Walls
- Structure Type: Single Family Residence
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 07/26/2025 @ 16:06
- MLS: SR25145873
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 1,370 sqft, 6,537 sized lot, and 0 parking. are nearby neighborhoods.