20-Unit Townhome-Style Apartment
For Sale
$5,160,000
9015 Owensmouth Avenue, Canoga Park, CA 91304
Larger-format townhome layouts include two distinct unit configurations within a multifamily community.
Property Size24,500 SF
Lot Size1.10 Acres
Price / SF$210.61
Days on Market159
Property Features for 9015 Owensmouth Avenue
General Information
Standard status
Active
Size
24,500 SF
Lot size
1.10 Acres
Property subtype
Multi-family
Zoning
LAR3
Net Operating Income
$299,000
Financials
Asking Price
$5,400,000
Cap Rate
5.79%
Gross Rent Multiplier
9.97
Opportunity Zone
Yes
Units
Unit Mix
10 x 4+2, 10 x 3+1.5
Multifamily Units
20
Additional Details
Highway Access
Yes
Building Details
Year Built
1972
Construction
townhome-style
Listing Agency:
Matthews Real Estate Investment Services
Listed By:
Daniel Withers
(714) 497-3550
Source:
Sevengables
Added: Mar 25
Changed: Aug 29
Last Checked: Aug 29 at 1:32PM
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 Matthews Real Estate Investment Services
Investment Insights
Based on property information with market context.
The property is a 20-unit apartment community with townhome-style layouts totaling 24,500 square feet. Built in 1972, the unit mix includes ten 4+2 residences and ten 3+1.5 residences, providing two established configuration types across the asset. The community occupies 1.10 acres at 9015 Owensmouth Avenue in Canoga Park.
The site is zoned LAR3 and located in an Opportunity Zone. The property is near Warner Center, California State University, Northridge, and Westfield Topanga, with access to the 101 and 118 freeways. The source information identifies potential for up to 13 additional ADUs, approximately 60 units through by-right development, and up to approximately 102 units with Tier 3 TOC incentives.
The site is zoned LAR3 and located in an Opportunity Zone. The property is near Warner Center, California State University, Northridge, and Westfield Topanga, with access to the 101 and 118 freeways. The source information identifies potential for up to 13 additional ADUs, approximately 60 units through by-right development, and up to approximately 102 units with Tier 3 TOC incentives.
Key Highlights
- 20‑unit apartment community built in 1972
- 24,500 SF building on a 1.10‑acre site
- Unit mix includes (10) 4+2 and (10) 3+1.5 residences
Property Analytics
Property Profile
Current Use
Lease Details
20
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 - Larger-format townhome layouts include two distinct unit configurations within a multifamily community.
Where is this apartment building located?
The property is located at 9015 Owensmouth Avenue Canoga Park, CA.
What is the asking price?
The asking price for this property is $5,160,000.
What are key features of this property?
This property features: 20‑unit apartment community built in 1972; 24,500 SF building on a 1.10‑acre site; Unit mix includes (10) 4+2 and (10) 3+1.5 residences
