21057 Runnymede Street, Canoga Park, CA 91303
Offered at
$795,000
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.