7417 Alabama Avenue

Canoga Park, CA 91303

About this property

Exceptional opportunity to own a versatile property featuring two homes on one lot - ideal for owner-users wanting tons of privacy, a family compound or investors seeking strong rental potential and long-term appreciation. The traditional aprox 752sqft front residence offers 2 bedrooms and 1 bathroom providing comfortable single level living space. The contemporary ADU built around 2018 has it's own address and is aprox 1,200 square feet with 3-bedrooms and 2-baths. Showcasing modern design and quality finishes throughout including quartz countertops, beautiful cabinetry, laminate flooring, tiled shower walls. The spacious layout also includes a private backyard area, separate gas and electric meters and laundry, adding convenience and flexibility. A detached two-car garage is currently divided and used as additional storage. Keep it as storage, convert it back to a garage or posibly built it out as a third unit. The lot is fenced with a power gate increasing the privacy and security. Whether you choose to live in one residence and rent the other, or lease both units to maximize income potential, this property offers a ton of options and the rare advantage of dual dwellings on one lot - making it a smart addition to any real estate portfolio.

About this property

Exceptional opportunity to own a versatile property featuring two homes on one lot - ideal for owner-users wanting tons of privacy, a family compound or investors seeking strong rental potential and long-term appreciation. The traditional aprox 752sqft front residence offers 2 bedrooms and 1 bathroom providing comfortable single level living space. The contemporary ADU built around 2018 has it's own address and is aprox 1,200 square feet with 3-bedrooms and 2-baths. Showcasing modern design and quality finishes throughout including quartz countertops, beautiful cabinetry, laminate flooring, tiled shower walls. The spacious layout also includes a private backyard area, separate gas and electric meters and laundry, adding convenience and flexibility. A detached two-car garage is currently divided and used as additional storage. Keep it as storage, convert it back to a garage or posibly built it out as a third unit. The lot is fenced with a power gate increasing the privacy and security. Whether you choose to live in one residence and rent the other, or lease both units to maximize income potential, this property offers a ton of options and the rare advantage of dual dwellings on one lot - making it a smart addition to any real estate portfolio.

Features and Additional Information

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$995,000 Active Under Contract
5 Bed(s)
3
Baths
1,912 sqft

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
Equity Union
1-818-989-2000
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Area Information

CP Canoga Park | Los Angeles County |

$ 995,000
This listing is play_arrow 107.7% higher than the average in the area
$ 479,000 in the area
1,912 SqFt
This listing is play_arrow 120.3% larger than the average in the area
868 SqFt in the area
$ 520 $/SqFt
This listing is play_arrow 5.7% less than the average in the area
$ 552 $/SqFt in the area
94 days on site
This listing is play_arrow 571.4% above the average in the area
14 days on site in the area

Schools in the Area

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Listed By Aaron Shrier
Brokerage: Equity Union

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