21320 CommunityCanoga Park, CA 91304

Description

**INCREDIBLE INVESTMENT & DEVELOPMENT OPPORTUNITY IN CANOGA PARK!** Attention investors, developers, and savvy buyers! Unlock the incredible potential of this property situated on an expansive approximately 0.42-acre lot (18,295 sq. ft.) in a desirable Canoga Park neighborhood! The existing home offers approximately 875 sq. ft. of living space, featuring 2 bedrooms and 1 bathroom**, and is ready for a complete remodel and transformation. The generous lot provides an exciting opportunity to expand the existing residence and explore the possibility of adding 2–3 Accessory Dwelling Units (ADUs), subject to city approval and applicable regulations. Imagine transforming this property into a multi-unit income-producing investment, creating multiple rental opportunities and long-term cash flow potential. Whether you're looking to renovate, expand, develop, or build a rental portfolio, this property offers tremendous flexibility and possibilities. With its substantial lot size, development potential, and convenient San Fernando Valley location, this is a rare opportunity to create significant value. BRING YOUR VISION AND UNLOCK THE POTENTIAL! Opportunities like this don't come around every day. Buyers are encouraged to verify all development possibilities, zoning requirements, permits, and ADU regulations with the City of Los Angeles.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Structure type

House

Year built

1955

Stories

1

Living area

864 Sq Ft

Lot size

0.42 acres

Garage spaces

2

Parking spaces

2

Days on market

3

MLS^® Listing#

SR26236425

Property Features

Cooling

Gas

Fireplace

None

Pool

None

Parking

Attached

Laundry

None

Sewer

Septic Tank

Water source

Other

Financial Details

HOA

None

Parcel number

2779013002

Directions

North of Roscoe Blvd, west of De Soto Ave. Take De Soto Ave to Community St and head west to the property.