7921 Owensmouth, Los Angeles, CA 91304

Property Description

Canoga Park Income Property | Permitted ADU + Rental Income. Welcome to this well-maintained Canoga Park property offering a versatile combination of comfortable living and strong income potential. The property features an approximately 1,406-square-foot, 3-bedroom, 2-bathroom main residence at 7921 Owensmouth Ave., together with a fully permitted ADU at 7923 Owensmouth Ave. The ADU is approximately 400 square feet and features 1 bedroom and 1 bathroom. 7921 Owensmouth Ave. — Main Residence: 3 bedrooms, 2 bathrooms, approximately 1,406 square feet, currently leased for $3,500 per month. 7923 Owensmouth Ave. — Permitted ADU: 1 bedroom, 1 bathroom, approximately 400 square feet, fully permitted and currently leased for $1,950 per month. Together, the two residences generate $5,450 per month, or $65,400 annually, in gross rental income. The main home features a bright and inviting open-concept living area with abundant natural light, beautiful hardwood floors, and a cozy fireplace. The well-appointed kitchen offers modern appliances, generous cabinetry, and a convenient breakfast bar, providing a comfortable setting for both everyday living and entertaining. Three spacious bedrooms offer privacy and comfort, with the primary bedroom featuring an en-suite bathroom and walk-in closet. An additional bathroom serves the main living area. Outside, the property offers a spacious backyard with a nice patio, creating an inviting setting for outdoor dining, entertaining, relaxing, or enjoying the Southern California lifestyle. The landscaped front yard adds to the property's curb appeal. Conveniently located in Canoga Park near schools, shopping, restaurants, parks, and everyday amenities, this property combines a desirable residential setting with the valuable benefit of a fully permitted ADU and two established rental units. Whether you're an investor seeking immediate rental income, an owner-user looking to offset housing expenses, or a buyer seeking flexible living arrangements, this property presents an attractive combination of space, income, and long-term potential.