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21041 Hart Street, Canoga Park, CA 91303
10
beds
5
baths
4614
ft2
· 30004
ft2 lot
$2,195,000
$476 / ft2
Listing provided courtesy of Kevin Pike, Coldwell Banker Greater Valleys.
Source CRMLS.
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.
HOA
$0/month
On market
8 months
Year built
1959
Property type
Multi-Family
Parking
18
MLS
SR20168971
Price / Sq.Ft.
$476 / ft2
Status
Active
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Washer Hookup
•   
Security Features: Automatic Gate
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 4614.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Assigned, Carport, Asphalt
•   
Garage Spaces: 0.00
•   
Uncovered Spaces: 12.00
•   
Carport Spaces: 6.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: LAR1
•   
Roof: Composition
•   
Num Stories: One
•   
Year Built Source: Public Records
Lot Info
•   
Lot Features: 2-5 Units/Acre, Landscaped, Lawn, Lot 20000-39999 Sqft, Rectangular Lot, Near Public Transit, Yard
•   
Lot Size Source: Public Records
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.6888
•   
Lot Size Dimensions: 100x300
•   
Lot Size Area: 30004.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 5
•   
Total Units: 5
Property Features
•   
Fencing: Electric
•   
Common Walls: No Common Walls
Property Type
•   
Common Interest: Community Apartment
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 5
•   
Number Of Separate Gas Meters: 5
•   
Number Of Separate Water Meters: 5
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 0.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 0.00
•   
Insurance Expense: 0.00
•   
Professional Management Expense: 7140.00
•   
Total Expenses: 12240.00
•   
Gross Scheduled Income: 116568.00
•   
Tax Block: 4
•   
Operating Expense: 24000.00
•   
Gardener Expense: 5100.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 116568.00
•   
Tax Year: 2019
•   
Taxes: 4603.0
Lease Info
•   
Net Operating Income: 92568.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 0.00
Terms
•   
Inclusions: Window A/C units
Multi Unit Information
Unit 1 Information
•   
Unit 1 Bedrooms: 10
•   
Unit 1 Total Units: 5
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 5
•   
Unit 1 Actual Rent: 10900.00
•   
Unit 1 Total Rent: 10900.00
Multi Unit Information
•   
# Of Units: 1
School Neighborhood & Directions
Location
•   
Community Features: Dog Park, Sidewalks, Storm Drains, Street Lights, Suburban, Valley
•   
Directions: North of Vanowen, South of Sherman Way, West of DeSoto
Virtual Tour Link
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Calculation
•   
Dom: 157
•   
Cdom: 157
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 13, 2021 10:53pm
Neighborhood snapshot
17
Properties for sale
8.5
Median days on market
$459.72
Median sold price/sqft
101.64%
Sold/List %
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Property History
03/22/2021
03/22/2021
CRMLS #SR21059385
active
CRMLS #SR21059385
$2,900,000
+32.12%
08/18/2020
08/18/2020
CRMLS #SR20168971
active
CRMLS #SR20168971
$2,195,000
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