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    21041 Hart Street

    Canoga Park, CA 91303
    • $2,195,000
    • STATUS: Active
    • ON SITE: 67 days
    • ID#: SR20168971
    $2,195,000
    • 0
      BEDS
    • 0.69
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,614
      SQFT
    • $476
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    Amazing opportunity to own five detached homes in a great centralized residential area of Canoga Park. This 30,000 sq foot property includes five detached homes, all with separate meters for all utilities, and hook-ups for washers and dryers and individual private yards. Ample parking for 18 cars, with six covered spaces, and lots of green space.This property is well suited for a huge upside potential. 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 $9,924 monthly for the five current units, with expenses totally approx $24,240 per year. Proforma rent is $12,250 per month. This amount is very likely to increase in the months and years ahead, as inventory of available housing remains very low. Offers subject to interior inspections.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-25T00:26:29.94. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/109130506
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    21041 Hart Street Canoga Park, CA 91303

    • Price: $2,195,000
    • Status: Active
    • ID#: SR20168971
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.69
    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 great centralized residential area of Canoga Park. This 30,000 sq foot property includes five detached homes, all with separate meters for all utilities, and hook-ups for washers and dryers and individual private yards. Ample parking for 18 cars, with six covered spaces, and lots of green space.This property is well suited for a huge upside potential. 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 $9,924 monthly for the five current units, with expenses totally approx $24,240 per year. Proforma rent is $12,250 per month. This amount is very likely to increase in the months and years ahead, as inventory of available housing remains very low. Offers subject to interior inspections.
    Exterior Features

    Carport Spaces 6.00 Fence YN Yes Fencing Electric Garage Spaces 0.00 Lot Features 2-5 Units/AcreLandscapedLawnLot 20000-39999 SqftRectangular LotNear Public TransitYard Lot Size Dimensions 100X300 Lot Size Units Square Feet Parking Features AssignedCarportAsphalt Parking Total 18.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Roof Composition Uncovered Spaces 12.00

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Fireplace Features None Fireplace YN No Laundry Features Gas & Electric Dryer HookupGas Dryer HookupIndividual RoomWasher Hookup Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Dog ParkSidewalksStorm DrainsStreet LightsSuburbanValley Country Us Current Financing None Electric Expense 0.00 Elevation Units Feet Exclusions All Appliances Fuel Expense 0.00 Gardener Expense 5100.00 Gross Income 116568.00 Gross Scheduled Income 116568.00 Inclusions Window A/C Units Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Lot Dimensions Source Public Records Net Operating Income 92568.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Operating Expense 24000.00 Professional Management Expense 7140.00 Rent Control YN Yes Security Features Automatic Gate Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Tenant Pays All Utilities Total Expenses 12240.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning Lar1

    Listing provided courtesy of Kevin Pike of Coldwell Banker Greater Valleys


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-25T00:26:29.94. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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