7417 Alabama Avenue
Canoga Park, CA, 91303
$1,099,000
MLS: SR26042508
Beds
5
Baths
3
Sq Ft
1,912
Lot
0.18 ac
Year Built
1923
MLS #
SR26042508
Days on Market
51
Listed
Feb 27, 2026
Description
Exceptional opportunity to own a versatile property featuring two homes on one lot — ideal for owner-users wanting tons of privacy, a family compound or investors seeking strong rental potential and long-term appreciation. The traditional aprox 752sqft front residence offers 2 bedrooms and 1 bathroom providing comfortable single level living space. The contemporary ADU built around 2018 has it's own address and is aprox 1,200 square feet with 3-bedrooms and 2-baths. Showcasing modern design and quality finishes throughout including quartz countertops, beautiful cabinetry, laminate flooring, tiled shower walls. The spacious layout also includes a private backyard area, separate gas and electric meters and laundry, adding convenience and flexibility. A detached two-car garage is currently divided and used as additional storage. Keep it as storage, convert it back to a garage or posibly built it out as a third unit. The lot is fenced with a power gate increasing the privacy and security. Whether you choose to live in one residence and rent the other, or lease both units to maximize income potential, this property offers a ton of options and the rare advantage of dual dwellings on one lot — making it a smart addition to any real estate portfolio.
Location
Canoga Park, Los Angeles County, CA 91303
Open on Google Maps ↗Listed by: Aaron Shrier · Equity Union
Payment estimate
$7,934
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $109,900 · Loan: $989,100
- Principal & Interest
- $6,077
- Property tax (1.25%)
- $1,145
- Homeowners insurance
- $300
- Mortgage insurance
- $412
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $38,465 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.
Local Market Stats
See Canoga Park, CA 91303 market trends →
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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