7253 Loma Verde Avenue
Canoga Park, CA, 91303
$699,999
MLS: PW26086574
Beds
3
Baths
1
Sq Ft
960
Lot
0.15 ac
Year Built
1943
MLS #
PW26086574
Days on Market
1
Listed
May 6, 2026
Description
Turn-key investment opportunity with strong ADU and income potential on a prime corner lot in Canoga Park. This fully remodeled 3-bedroom, 1-bath home offers immediate livability combined with multiple pathways for value-add and long-term cash flow. The main residence has been extensively upgraded with a remodeled kitchen featuring quartz countertops, updated bathrooms, wood laminate flooring, dual-pane windows, recessed lighting, fresh paint, updated copper plumbing, newer roof, and a new HVAC system. The property includes a detached 2-car garage with private driveway gate access and sits on a large, flat lot with private access ideal for ADU conversion and potential expansion. The layout and lot configuration support a variety of strategies, including garage-to-ADU conversion and additional unit development. Additional features include ample on-site parking, covered patio, and a spacious backyard. Located near major employment hubs, Warner Center, Woodland Hills, and Westfield Topanga, this property benefits from strong rental demand and continued area growth.
Location
Canoga Park, Los Angeles County, CA 91303
Open on Google Maps ↗Listed by: Samar Nino · Circa Properties, Inc.
Payment estimate
$5,278
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $70,000 · Loan: $629,999
- Principal & Interest
- $3,986
- Property tax (1.25%)
- $729
- Homeowners insurance
- $300
- Mortgage insurance
- $262
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Canoga Park home with as little as 3.5% down using an FHA loan — roughly $24,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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