Income Property Opportunity

7339 Alabama Ave

Canoga Park, CA 91303

$870,000 4 Beds 3 Baths 1,500/2,200 Sq Ft 10-Car Parking 2 Units

Investment Overview

7339 Alabama Ave offers a rare two-unit opportunity in Canoga Park: a 4 bedroom, 3 bathroom main residence plus a fully self-contained converted garage DADU with its own kitchen, bedroom, and bathroom. Whether you're house-hacking by living in one unit and renting the other, housing extended family while keeping separate living space, or renting both units for income, this property is built for flexibility.

With parking for up to 10 vehicles, a quiet residential street, and easy access to schools, parks, and transit, the property is well-positioned for reliable tenant demand. Reach out below to discuss the numbers and see if this fits your investment strategy.

The Numbers

Estimated monthly performance based on current room rents in the area. Buyer to verify all figures independently.

Income

  • 4 Rooms × $1,700$6,800 / mo
  • Guest House$2,300 / mo

Total Potential Income $9,100 / mo $109,200 / year

Main Expenses

  • Mortgage$4,060 / mo
  • Property Tax (~$10,000 / yr)~$833 / mo
  • Utilities (gas, water, electric)$500–1,000 / mo

Total Expenses $5,393–5,893 / mo $64,720–70,720 / year

Income$9,100 / mo Less Expenses−$5,393–5,893 / mo
Estimated Net Profit $3,207–3,707 / mo $38,480–44,480 / year

Net figures assume full occupancy and do not include insurance, maintenance, or vacancy. Property tax shown monthly for comparison.

  • The home is already fully set up and operating as a rental.
  • Multiple independent income streams — 4 rooms plus the Guest House.
  • A buyer can start collecting income immediately after closing.
  • The neighborhood has strong, steady demand for room rentals.

Main Unit

Property photo

DADU Unit

A fully self-contained income unit with its own private kitchen, bedroom, and bathroom — completely separate from the main residence. Ideal as a rented unit for steady income, a space for extended family, or flexible use as your needs change. The open-concept living area includes a full kitchen with a center island, range, and refrigerator, plus a bathroom with in-unit stacked washer and dryer.

Features

Two Separate Units Flexible Income Potential Updated Kitchen Center Island Spacious Bedrooms Modern Bathrooms 10-Car Parking Converted Garage DADU New Roof Covered Patio Quiet Residential Street Close to Schools Near Parks Convenient Transit

New Roof

A close look at the newly installed roof.

Map

7339 Alabama Ave
Canoga Park, CA 91303

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