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$795,000
Est. payment /mo
3 Beds
2 Baths
New
21057 Runnymede Street Canoga Park, CA 91303
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25145873
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
INVESTOR OPPORTUNITY: CASH-FLOWING CORNER L SHAPE PROPERTY WITH EXPANSION POTENTIAL IMMEDIATE INCOME + FUTURE UPSIDE This exceptional corner property delivers reliable rental income. The unique layout and prime location offer tremendous potential for increased cash flow through modifications. INVESTOR-FRIENDLY FEATURES Low-maintenance NON-RENT-CONTROLLED property with reliable month to month tenant base who pay rent on 1st of each month. Never late. No hassle. TURN-KEY INVESTMENT With tenants in place and multiple income stream opportunities, this corner property offers both immediate returns and growth potential. MAXIMUM INCOME POTENTIAL 3 bedrooms plus flexible bonus area with kitchenette infrastructure Primary suite with private entrance and bathroom with maximum privacy - potential separate rental conversion 500 sq ft vacant corner lot space with potential for ADU development and independent street access Pool completely renovated with new plaster, plumbing, and tiles Large storage shed and large covered patio with washer/dryer hookups Landscaping includes fruits trees including Lemon tree, Fig Tree, Avocado, Apple and Lime Tree Close access to Sherman Way, Vallarta supermarket, other shops, and bus line. Low maintenance and is perfect to retain to live in or as an investment property. ***Buyer to investigate all related feasibility, city permits for building, construction, and/or unit separation Property will be sold AS IS.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Between Sherman Way and Saticoy. Corner of Variel and Runnymede.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Pool Private
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 2112011024

Listed by Fariba Manoucheri-Khoubian LRS Realty & Management Inc.