For SaleRisky Deal21 days on market

24425 Woolsey Canyon Rd Spc 184

24425 Woolsey Canyon Rd Spc 184, Canoga Park, CA 91304, Canoga Park, CA 91304
$99,500

Listing Price

Property image 1
24425 Woolsey Canyon Rd Spc 184, Canoga Park, CA 91304
Loc: Canoga Park, CA
Days Listed
21
Tax Assessed
$34k
Type
manufactured

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Justice Street Elementary

K-5
2.1 mi away
8

George Ellery Hale Charter Academy

6-8
4.3 mi away
5

Chatsworth Charter High School

9-12
4.3 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

manufactured homemobile homedetached garageconcrete drivewayhillside locationdesert landscapingranch styleretaining wallcovered porchsingle-storyvinyl sidingstucco foundationrocky terrainsuburbanneutral color palette

Haven AI Verdict

Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.32%
Total ROI
74.6%
Cash Flow
$-75/mo
DSCR
0.86
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-75/mo net cash flow with a 5.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Prime residential location in Canoga Park, CA
  • Long-term capital appreciation corridor
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-27Listed for sale$99,500$69
2020-09-09Listing removed$2,300$2
2020-08-24Listed for rent$2,300$2

Tax History

YearProperty TaxTax Assessment
2026$0$34,239
2025$564.58$34,864
2024$539.6$34,189
2023$523.57$32,752
2022$497.74$31,802
2021$449.91$28,372
2020$459.23$28,760
2019$459.23$28,182
2018$449.12$28,182
2017$449.12$0
2016$441.89$0
2015$418.83$0
2014$427.43$0
2011$0$25,604
2010$0$25,594
2008$0$35,810
2007$0$37,102
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,440
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 2b/2ba in Canoga Park
+18% vs. list
$
$64,800
75% Rule
Maximum Allowable Offer (MAO)
$23,258

Calculated as (75% × $117,410) − $64,800

Asking Price is $76,242 (76.6%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $23,258 based on $64,800 in required updates.
Current Asking Price:$99,500
Estimated ARV:$117,410
Estimated Renovation:$64,800
All-In Capital Basis (MAO + Rehab):$88,058
Projected Equity Margin:+$29,352
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Provenance:[Observed] List Price: $99,500[Estimated] Rent: $796/mo[Estimated] Tax Rate: 0.75% (CA)[Estimated] Hazard Ins: $150/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.32%

NOI: $5,298/yr

Cash-on-Cash Yield
-3.9%

On $22,885 invested

DSCR Ratio
0.86x

Negative debt coverage

5-Yr Leveraged ROI
+74.6%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (0.75% of basis)-$21/mo
[Estimated]Homeowner / Hazard Insurance-$150/mo
[Defaulted]Vacancy Reserve (5% of rent)-$40/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$80/mo
[Defaulted]Property Management (8% of rent)-$64/mo
Total Pure Operating Expenses-$354/mo
Net Investor Cash Flow
Gross Scheduled Rent+$796/mo
Less: Operating Expenses-$354/mo
Net Operating Income (NOI)+$442/mo
Less: Debt Service (30yr @ 6.75%)-$516/mo
Net Cash Flow
$-75/mo
$-897/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Canoga Park.