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    21041 Hart Street

    Canoga Park, CA 91303
    • $2,195,000
    • STATUS: Active
    • ON SITE: 151 days
    • ID#: SR20169571
    UPDATED: 56 min ago
    $2,195,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,614
      SQFT
    • $476
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1959
    County:

    School Ratings & Info

    Description

    Amazing opportunity to own five detached homes in a centralized residential area of Canoga Park. This 30,000 sq foot rectangular flat lot includes five detached homes. Each home, of almost 1,000 sq feet, features three bedrooms, one bath with separate meters for all utilities and individual private yards.. Hook-ups for washers and dryers exist in separate rooms, which may potentially be converted into second bathrooms. Ample parking for 18 cars, with six covered spaces, and an excess of green space.This property is well suited for a huge upside potential. As per LAR1 zoning the buyer may be able to build one additional ADU and a junior ADU to increase total the total rental count to seven. Also, 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 $10,900 monthly for the five current units, with expenses totally approx $24,240 per year. Proforma rent is about $12,000 per month.Offers subject to interior inspections.

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    Based on information from CRISNet MLS as of 2021-01-18T11:56:10.12. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-01-18T11:56:10.12. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.theellingsongroup.com/homes/109153911
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    21041 Hart Street Canoga Park, CA 91303

    • Price: $2,195,000
    • Status: Active
    • Updated: 56 min ago
    • ID#: SR20169571
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,614
    SQFT
    $476
    $/SQFT
    1959
    Built
    Neighborhood:
    Cp - Canoga Park
    County:
    Los Angeles
    Area:
    Cp - Canoga Park
    Property Description
    Amazing opportunity to own five detached homes in a centralized residential area of Canoga Park. This 30,000 sq foot rectangular flat lot includes five detached homes. Each home, of almost 1,000 sq feet, features three bedrooms, one bath with separate meters for all utilities and individual private yards.. Hook-ups for washers and dryers exist in separate rooms, which may potentially be converted into second bathrooms. Ample parking for 18 cars, with six covered spaces, and an excess of green space.This property is well suited for a huge upside potential. As per LAR1 zoning the buyer may be able to build one additional ADU and a junior ADU to increase total the total rental count to seven. Also, 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 $10,900 monthly for the five current units, with expenses totally approx $24,240 per year. Proforma rent is about $12,000 per month.Offers subject to interior inspections.
    Exterior Features

    Carport Spaces 6.00 Parking Total 18.00 Uncovered Spaces 12.00

    Property Features

    Additional Parcels YN No Building Status Existing Current Financing None Land Use Multi-Family Laundry Features Gas Dryer HookupWasher Hookup Number Of Units Leased 5 Number Of Units Total 15 Property Sub Type Multi Family Special Listing Conditions Standard Water Source Public Zoning Lar1

    Listing provided courtesy of Kevin Pike, CA DRE# , of Coldwell Banker Greater Valleys.


    Based on information from CRISNet MLS as of 2021-01-18T11:56:10.12. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-01-18T11:56:10.12. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    The Ellingson Group
    11601 Wilshire Blvd, Suite 101
    Los Angeles CA, 90025