20-Unit Apartment
For Sale
$3,100,000
8750 Owensmouth Ave, Canoga Park, CA 91304
Built in 1961, the property offers one- and two-bedroom layouts with an additional non-conforming studio unit.
Property Size15,888 SF
Lot Size0.44 Acres
Days on Market152
Property Features for 8750 Owensmouth Ave
General Information
Standard status
Active
Size
15,888 SF
Net Rentable
15,888 SF
Lot size
0.44 Acres
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
18 x 1BR/1BA, 2 x 2BR/1BA, 1 x studio
Multifamily Units
21
Additional Details
Cap Rate
5.11%
Amenities
Canoga Park location
Built in 1961 with approximately 15,888 square feet of rentable area on a 19,117 square foot lot
Desirable unit mix of eighteen (18) 1+1 units, two (2) 2+1 units, plus one (1) non-conforming studio unit, enhancing overall income potential
Significant Upside in Rents- Approximately 44% Upside
Convenient access to major transportation corridors including Topanga Canyon Blvd, Sherman Way, the 101 Freeway, and nearby Metro G Line stations
Proximity to key employment hubs such as Warner Center, Westfield Topanga, The Village, and the broader West Valley business districts
Seismic Retrofit HAS NOT Been Completed and Roof is at the End of its Useful Life
Building Details
Building Size
15,888 SF
Year Built
1961
Units
20
Listing Agency:
Encino Office
(818) 212-2784
Listed By:
Michael Sterman · License #CA: 01911703
(818) 212-2784
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 31
Last Checked: Aug 31 at 1:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Encino Office
Investment Insights
Based on property information with market context.
8750 Owensmouth Avenue is an apartment property in Canoga Park with 15,888 square feet of rentable area on a 19,117-square-foot lot. Constructed in 1961, the building contains eighteen one-bedroom, one-bath apartments, two two-bedroom, one-bath apartments, and one additional non-conforming studio unit. The property features spacious floor plans and mid-century construction.
The asset is situated near Warner Center, Westfield Topanga, The Village, and a range of dining, retail, and entertainment options. Access to the 101 and 118 Freeways, Metro bus lines, and the Orange Line connects the property with employment centers and destinations throughout the western San Fernando Valley.
The asset is situated near Warner Center, Westfield Topanga, The Village, and a range of dining, retail, and entertainment options. Access to the 101 and 118 Freeways, Metro bus lines, and the Orange Line connects the property with employment centers and destinations throughout the western San Fernando Valley.
Key Highlights
- 15,888 square feet of rentable area on a 19,117‑square‑foot lot
- Twenty standard units plus one additional non‑conforming studio unit
- Unit mix includes eighteen 1‑bedroom/1‑bath and two 2‑bedroom/1‑bath apartments
Property Analytics
Current Use
Lease Details
21
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
178
Businesses Nearby
Explore this area
Business Placement
Demographics for 91304, CA
52,386
Population
18,875
Households
2.8
Avg Household Size
39
Median Age
34%
College-Educated
83%
High-School Grad
9.7 sq mi
ZIP Area
5,401
Density / Sq Mi
$82,289
Median Household Income
$41,270
Median Earnings
$1,927
Median Rent
$847,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Built in 1961, the property offers one- and two-bedroom layouts with an additional non-conforming studio unit.
Where is this apartment building located?
The property is located at 8750 Owensmouth Ave Canoga Park, CA.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 15,888 square feet of rentable area on a 19,117‑square‑foot lot; Twenty standard units plus one additional non‑conforming studio unit; Unit mix includes eighteen 1‑bedroom/1‑bath and two 2‑bedroom/1‑bath apartments
