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$1,200,000
Est. payment /mo
5 Beds
4 Baths
8,003 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26018509
Bedrooms 5
Lot Size 8,003 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Welcome to this beautifully updated DUPLEX opportunity in the heart of Canoga Park Woodland Hills adjacent! Situated on a large 8,000+ sf. lot with 2 separate street addresses, this high-performing income property features two fully DETACHED HOMES with NO SHARED WALLS, both gated for added privacy & security with separate driveways and generous outdoor space. Both homes are currently tenant-occupied on one-year leases and generating strong rental income. 21511 Bassett St. offers approximately 1,260 sq ft of living space with 3 BR/2 BA, includes a dedicated laundry room, and is leased at $3,500 a month. This unit also features a brand-new, beautifully tiled walk-in shower. The second home, located on the corner at 6903 Alabama Ave., features approximately 926 sq ft, offers 2BR/1.5 BA, includes an attached 2-car garage with washer/dryer hookups, and is leased at $3,000 a month providing immediate, stable cash flow from day one. Plus the versatility of this property allows a future owner to live in one unit while renting out the other to offset the mortgage and generate passive income. Both homes have been remodeled on the interior, showcasing vinyl plank flooring throughout, updated kitchens with granite countertops, stainless steel appliances, and newer cabinetry, creating a modern, turnkey living environment. Property highlights include separate tankless water heaters, 2 electrical meters, 2 gas meters, and one shared water meter. Tenants pay for all utilities except water/sewer, helping minimize owner expenses & maximize NOI. Major upside potential: This property qualifi
Location
State CA
County Los Angeles
Zoning Assessor
Direction Bassett Street and Alabama Ave.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 2138010020
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA
Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA
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Listed by Sevan Petrossian Pinnacle Estate Properties
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