Listing provided courtesy of Fariba Manoucheri-Khoubian of LRS Realty & Management Inc.. Last updated . Listing information © 2025 Sandicor.
Asking Price: $795,000 | Active
21057 Runnymede Street, Canoga Park CA 91303
Community:
This ResidentialIncome property was built in and is priced at $795,000. Please see the additional details below.
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 * Potential to add a 4th bedroom 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