




$1,200,000
Est. $6,720/mo21511 Bassett St. & 6903 Alabama Ave., Canoga Park, CA 91303
About this home
Welcome to this beautifully updated DUPLEX opportunity in the heart of Canoga Park — Woodland Hills adjacent! Situated on a large 8,000+ sf. lot with 2 separate street addresses, this high-performing income property features two fully DETACHED HOMES with NO SHARED WALLS, both gated for added privacy & security with separate driveways and generous outdoor space. Both homes are currently tenant-occupied on one-year leases and generating strong rental income. 21511 Bassett St. offers approximately 1,260 sq ft of living space with 3 BR/2 BA, includes a dedicated laundry room, and is leased at $3,500 a month. This unit also features a brand-new, beautifully tiled walk-in shower. The second home, located on the corner at 6903 Alabama Ave., features approximately 926 sq ft, offers 2BR/1.5 BA, includes an attached 2-car garage with washer/dryer hookups, and is leased at $3,000 a month — providing immediate, stable cash flow from day one. Plus the versatility of this property allows a future owner to live in one unit while renting out the other to offset the mortgage and generate passive income. Both homes have been remodeled on the interior, showcasing vinyl plank flooring throughout, updated kitchens with granite countertops, stainless steel appliances, and newer cabinetry, creating a modern, turnkey living environment. Property highlights include separate tankless water heaters, 2 electrical meters, 2 gas meters, and one shared water meter. Tenants pay for all utilities except water/sewer, helping minimize owner expenses & maximize NOI. Major upside potential: This property qualifies for the Transit Oriented Communities (TOC) Tier 3 program, opening the door to significant development incentives. A future owner may leverage TOC density bonuses combined with California ADU regulations, creating the potential to expand the existing duplex and transforming it into a large multifamily asset (Buyer to verify all zoning options available). Prime, walkable location just steps away from The Village, Westfield Topanga Mall, Topanga Social, Warner Center, Costco, Target, premier dining, entertainment, and everyday conveniences — driving strong tenant demand and long-term value. Whether you’re seeking immediate income, long-term appreciation, or development upside, this property delivers cash flow, scalability and location all in one rare opportunity. Some images have been virtually staged/enhanced. https://booking.phorvi.com/disclosure/8bfc28dbc64da1231135aeba129511a4
infoProperty Facts
Bedrooms
5
Bathrooms
4
Square Feet
2,202
Lot Size
8,003 sqft
Year Built
1956
Property Type
Duplex
Days on Market
1
HOA Fee
N/A
Garage Total
2
MLS #
SR26018471
chairInterior Details
General Interior
Interior Features
All Bedrooms Down
Flooring
Vinyl
Kitchen & Appliances
Appliances
Dishwasher, Disposal, Gas Range, Refrigerator, Tankless Water Heater
Laundry
Inside, In Garage, Laundry Room
Bed & Bath
Main Level Master
Yes
Climate Control
Cooling
Central Air
Heating
Central
garageParking
Total Parking Spaces
4
Garage Spaces
2
Open Parking Spaces
2
Attached Garage
Yes
Parking Features
Controlled Entrance, Door Multi, Direct Access, Driveway Level, Garage, Private, One Space
deckExterior & Lot
Building & Construction
Patio & Porch
Covered
Fencing
Vinyl, Wrought Iron
Construction
Drywall, Concrete, Stucco, Wood Siding
Foundation
Raised
Roof
Shingle
Lot & Grounds
Sewer
Public Sewer
Water Source
Public
diversity_3Community & HOA
Association Info
Community Features
Biking, Dog Park, Hiking, Park, Street Lights
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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