21057 RUNNYMEDE STREET, CANOGA PARK CA 91303
- 1,370 sq.ft.
- 6,537 sq.ft. lot
Property Description
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
Listing Courtesy of Fariba Manoucheri-Khoubian, LRS Realty & Management Inc.
Interior Features
Exterior Features
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