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Brian Wilson

brianwilsonhomes@att.net +1(408) 799-6919

Listed by Howard Herron, DRE #01909928 • Litchfield Asset Management, Inc

$ 1,350,000

Est. payment -/mo

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20957 Community Canoga Park, CA 91304

3 Beds

2 Baths

1,552 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,552 sqft

Price per Sqft $869

MLS Listing ID CRSR26140456

Style Traditional

Bedrooms 3

Full Baths 2

Year Built 1950

Lot Size 8,623 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

Situated on an approximately 8,616-square-foot lot, this unique SB-9 property is an exceptional opportunity for both income generation and future development. The existing residence, originally constructed in the 1950s, has been thoughtfully divided into two separate units. New rental agreements for each unit generate an estimated gross rental income of approximately $5,150 per month and gross $61,800/annually. Unit One consists of a two-bedroom, one-bathroom residence currently generating $3,200 per month, while Unit Two (best described as a Junior ADU) consists of a one-bedroom, one-bathroom residence currently generating $1,950 per month. The property has almost completed an SB-9 lot split process, to create Parcel A containing approximately 5,149 square feet and Parcel B containing approximately 3,467 square feet. The existing residence is located on what would be Parcel A, while Parcel B offers future development potential subject to buyer investigation and final SB9 approval. Available due diligence materials include tentative parcel maps, correspondence related to the subdivision process, and designer-prepared plans and drawings that have been submitted and stamped through the City approval process. Buyers should be aware that a final park-related fee of approximate

Location

State CA

County Los Angeles

Area Cp - Canoga Park

Rooms

Family Room Other

Kitchen Dishwasher, Microwave, Oven Range - Gas, Refrigerator, Oven - Gas

Interior

Heating Central Forced Air

Cooling Central AC

Fireplaces Type None

Laundry None

Exterior

Parking Features Off-Street Parking, Other, Side By Side

Pool 31, None

Utilities Available Telephone - Not On Site, Underground - On Site

View Local/Neighborhood

Building

Lot Description Grade - Level

Story One Story

Water Hot Water, District - Public

Architectural Style Traditional

Others

Tax ID 2779006029

Special Listing Condition Not Applicable

Brian Wilson

Broker | License ID: 01207903

+1(408) 799-6919

Brian Wilson

20957 Community Canoga Park, CA 91304

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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20957 Community