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20957 Community Street Canoga Park, CA 91304
$1,299,000 3 beds, 2 baths
1, 552 sqft
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Photo of Jennifer Friend

Jennifer Friend REALTORĀ® - Sales Associate 619-743-3428 m
858-259-6400 o
Lic#: 01011068
NRDS ID: 182001291
jen.friend.ca@gmail.com
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Lic#: 01011068
NRDS ID: 182001291
jen.friend.ca@gmail.com
Del Mar Office
3790 Via De La Valle, Ste, 201
Del Mar, CA 92014
Phone: 858-259-6400
Fax: 858-481-1483
Del Mar 3790 Via De La Valle, Ste, 201
Del Mar, CA 92014
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Agent Remarks

Exceptional SB9 investment and development opportunity on an approximately 8,623 Sq. Ft. corner lot in Canoga Park. The property is in the final stages of an SB9 Urban Lot Split designed to create two separately deeded parcels, offering immediate rental income and outstanding future development potential. The front parcel, 20957 Community St., will consist of approximately 5,174 Sq. Ft. and features a 2-bedroom, 2-bathroom residence plus a converted 2-car garage configured as a 1-bedroom, 1-bath Junior ADU, completed prior to the current owner's purchase. The main residence is currently leased for $3,200 per month through May 2027. Seller states the Junior ADU has an estimated market rental potential of approximately $1,950 per month, for projected gross rental income of approximately $5,150 per month ($61,800 annually). Buyer to verify lease terms, rental income, and market rents. The future rear parcel, 8400 Independence Ave., will consist of approximately 3,450 Sq. Ft. and has already been assigned its own address. The parcel includes an existing approximately 350 Sq. Ft. structure. Seller states approved plans provide for expansion of the existing structure into an approximately 1,500+ Sq. Ft. single-family residence. A new vinyl fence has already been installed along the proposed property line to physically separate the two future parcels. Seller states all required SB9 agency clearances have been obtained, with only the final approximately $17,000 Park (Quimby) fee remaining before the City records the final parcel map. Upon completion, Seller states the property is expected to be legally divided into two separate parcels, each with its own title deed and Assessor Parcel Number (APN). Buyer to independently verify all permits, approvals, square footage, development potential, fees, timelines, lease information, rental income, and remaining SB9 requirements with the appropriate governmental agencies. A rare opportunity to acquire an income-producing property with substantial entitlement work already completed while offering the opportunity to complete one of Canoga Park's most unique SB9 development projects. Shown by appointment only. Do not disturb occupants.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# SR26146133
List price is $1,299,000
HOA Fee is $0.00
Beds: 3
Baths: 2 (2 full)
Family Room fireplaces
Built in 1950
1,552 sqft
1 story
0.20 acres
Lot size: 0.1980
County: Los Angeles
Interior features: All Bedrooms Down
Lot description: Back Yard,Front Yard,Rectangular Lot
Heating/cooling: Central Air
Heating description: Central
MLS area: CP - Canoga Park

Last Updated: 7/18/2026

 Find more Canoga Park homes and real estate

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This listing belongs to the CP - Canoga Park MLS area

Lat/Long: 34.222360, -118.590440.
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Listing Agent: John Tran
Lic#: 01011068
Office Name: Del Mar

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Jennifer Friend

Jennifer Friend REALTORĀ® - Sales Associate 619-743-3428 m
858-259-6400 o
Lic#: 01011068
NRDS ID: 182001291
jen.friend.ca@gmail.com
Text Me
Call My Cell
Call My Office
Lic#: 01011068
NRDS ID: 182001291
jen.friend.ca@gmail.com

Del Mar Office
3790 Via De La Valle, Ste, 201
Del Mar, CA 92014
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