Canoga Park Homes under $4 million

Canoga Park Homes under $4 million

Welcome to Canoga Park, a vibrant neighborhood nestled in the heart of the San Fernando Valley in sunny California. Known for its rich history, diverse community, and convenient location, Canoga Park offers a delightful blend of suburban charm and urban accessibility. With its tree-lined streets, friendly neighbors, and a variety of local amenities, this area is perfect for families, professionals, and anyone seeking a welcoming place to call home.

One of the most appealing aspects of Canoga Park is its real estate market, particularly for those seeking homes under $4 million. Here, you can find a wide range of properties that cater to different tastes and lifestyles. From cozy single-family homes to modern townhouses, the options are plentiful. Many residences boast spacious yards and updated interiors, making them ideal for both relaxation and entertaining.

Canoga Park is also home to a variety of parks, shopping centers, and dining options, ensuring that residents have everything they need right at their fingertips. Enjoy a leisurely stroll through the scenic parks, explore the local farmers' market, or indulge in delicious cuisine from around the world. The area’s excellent schools and community facilities further enhance its appeal, making it a desirable destination for families.

With its affordable housing options and a welcoming atmosphere, Canoga Park is a hidden gem in California's real estate landscape. Whether you're looking to invest, start a family, or simply enjoy a vibrant lifestyle, Canoga Park has something for everyone. Discover your dream home in this charming neighborhood today!

Newest Canoga Park Homes under $4 million

7305 Variel Ave, Canoga Park
$1,575,000
8 Beds ⋅ 10 Baths ⋅ ACTIVE Status
We are pleased to present 7305 Variel Avenue, a ten-unit apartment property situated on the northwest corner of Variel Avenue and Wyandotte Street in Canoga Park. Built in 1958, the two-story building features eight one-bedroom/one-bathroom units and two studios, totaling 6,942 square feet on an 8,552-square-foot R3-1 corner lot. The property is subject to the City of Los Angeles Rent Stabilization Ordinance (RSO) and provides ten parking spaces.The investment opportunity is centered on established in-place income and demonstrated rental upside. According to ownership's August 19, 2026 rent roll, the property is fully occupied and generates $170,004 in annual scheduled rent. Three leases executed in 2026, including a studio at $1,395 and two one-bedroom units at $1,595 and $1,695, establish recent leasing benchmarks, and unit 3 is leased at $1,795. At the LAAA Team's pro forma rents of $1,795 for the one-bedroom units and $1,500 for the studios, the property produces approximately $208,320 in potential annual rental income, representing 23% upside as units turn, subject to applicable RSO requirements.Select renovated residences feature white shaker cabinetry, quartz countertops, gas ranges, plank flooring, and recessed lighting. Tenants pay for their own gas and electric. The property is located in ZIP 91303, a Tier 7 area under the Housing Authority of the City of Los Angeles (HACLA) Section 8 payment standards effective September 1, 2026, which allow up to $2,110 for a studio and $2,370 for a one-bedroom unit. The combination of recent leasing activity and existing occupancy positions the property for investors seeking current cash flow with the potential to increase income through future turnover.7305 Variel Avenue offers private investors, 1031 exchange buyers, and owner-operators an opportunity to acquire a fully occupied ten-unit property in an established West Valley rental market, with existing income, documented rental upside, and proximity to the Warner Center corridor.The property is located one block north of Sherman Way, providing convenient access to neighborhood retail, dining, and everyday services. Its location places residents near Westfield Topanga, The Village at Westfield Topanga, and the Warner Center employment and retail district. Pierce College, Kaiser Permanente Woodland Hills Medical Center, and the Metro G Line further connect the property to major West San Fernando Valley amenities and transportation infrastructure. The nearest public transit stop is the Metro G Line (Orange) busway's Sherman Way Station at Sherman Way and Canoga Avenue, approximately 0.3 miles away. The address carries a Walk Score of 87, classified as Very Walkable.ZIP 91303 counts 29,805 residents with a median age of 33.5, and 78% of its households rent. The median household income is $74,474 and the median gross rent $2,057. Of the ZIP's 11,405 housing units, 3,963 were built before 1970 and 496 since 2020.

7305 Variel Ave, Canoga Park

Courtesy of Marcus & Millichap, Filip Niculete - CA DRE#01905352

20920 Community St Unit 10, Canoga Park
$445,000
3 Beds ⋅ 2 Baths ⋅ ACTIVE Status ⋅ CONTEMPO GARDENS TOWNHOMES BLDG.
Welcome to this beautifully maintained end-unit condominium nestled in the heart of Canoga Park! Offering 2 spacious bedrooms plus an enclosed bonus room currently utilized as a 3rd bedroom, this versatile floor plan provides the perfect blend of comfort, functionality, and value. Step inside to discover a bright and inviting living room complete with a cozy fireplace, creating the perfect ambiance for relaxing evenings at home. The spacious kitchen offers ample cabinetry and counter space, ideal for everyday living and entertaining alike. Additional interior highlights include a wet bar, tile and parquet flooring, in-unit washer and dryer, and generous storage throughout. The primary suite features its own private full bathroom and abundant closet space, while the secondary bedroom is equally spacious and well-appointed. The enclosed bonus room adds flexibility for a home office, guest room, gym, or additional bedroom. Major system upgrades provide added peace of mind, including a newer HVAC system, newer electrical panel, and newer roof, enhancing both comfort and long-term value.Enjoy the convenience of a private 2-car garage and take advantage of the community amenities, including a sparkling pool perfect for warm California days. Ideally located near shopping, dining, parks, schools, and easy freeway access, this home offers both comfort and convenience in one desirable package.Don't miss this incredible opportunity to own a charming and spacious home in a prime Canoga Park location!

20920 Community St Unit 10, Canoga Park

Courtesy of Hoffman Theus, Shaianne Powell - CA DRE#02174060

6825 Alabama Ave Unit 311, Canoga Park
$459,000
2 Beds ⋅ 1 Baths ⋅ ACTIVE Status ⋅ Warner Gardens BLDG.
Welcome to this light, bright, and spacious two-bedroom, one-bath condominium featuring an inviting floor plan and a wonderful blend of comfort, style, and convenience. Located on the third floor of a gated community, this beautifully updated residence offers a peaceful setting while keeping you close to everything Woodland Hills and Warner Center have to offer. The open and airy interior features laminate flooring, recessed lighting, central air and heat, and a tastefully updated kitchen with refreshed countertops and brand-new stainless-steel appliances, including a gas range and dishwasher. The convenience of an in-unit washer and dryer makes everyday living even easier. Both bedrooms offer comfortable living space, while the private balcony provides a quiet spot to relax and enjoy the outdoors. Additional storage and two assigned parking spaces add to the home's practicality. The gated community features a sparkling pool and relaxing spa, all with the benefit of low monthly HOA dues. Ideally situated near Warner Center, residents enjoy convenient access to an abundance of shopping, dining, and entertainment, as well as Costco, Amazon Fresh, and the Orange Line/Metro station for easy transportation throughout the Valley and beyond. A wonderful opportunity to own a move-in-ready home in a convenient and desirable location! Please note: Some listing photographs have been digitally enhanced and virtually staged for presentation purposes.

6825 Alabama Ave Unit 311, Canoga Park

Courtesy of Beverly & Company Luxury Properties, Golnaz Rassekh - CA DRE#01345467

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