21041 Hart St., Canoga Park, CA 91303 - SR20169462

Listing ID : CNSR20169462

Lot Size
0.6888 Acre

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.

Details

Type: Land Sale

Subdivision: Cp - Canoga Park

MLS Area: CP - Canoga Park

County: Los Angeles

Tax ID: 2138025024

Property Type: Lots Sale

Sub Type: Other Residential Land

View: Local/Neighborhood

Water: District - Public

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21041 Hart St., Canoga Park, CA 91303
Directions to here from: 155 mi

Area Information 91303

Population:

28,189 Up .02% since 2010

Average Income:

$72,730

Average Age:

32Years

Gender:

51.8%Male
48.2%Female

Households:

9,40834.52% with children

Average Value:

$777,769

Occupancy:

25.75%Owned
74.25%Rented
7.97%Vacant

Education:

23.59%High School
5.15%Associate
17.52%Bachelor
7.93%Graduate

Average Residency:

19Years

Crime Rate:

Above Average

Annual Rainfall:

16Inches

Earthquake Risk:

Very High

Hurricane Risk:

Very Low

Ozone Risk:

Average

Pollution Risk:

Average

Tornado Risk:

Very Low

Tax Assessments

Value

Land $130,434
Improvements $159,639

Total $290,073

Property Tax

2021 $4,713

History

Date	Transaction	Price	Mortgage Amt & Lender
Date Apr 28, 2021	Transaction Expired - Residential Lots & LandCNSR20169462	Price $2,900,000	Mortgage Amt & Lender - -

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Listed by Kevin Pike with Coldwell Banker Exclusive

Based on information from the MLSListings MLS) as of 5/24/2022. 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 data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 5/24/2022. 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. ©2022 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes

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21041 Hart St. - $2,900,000