ActiveSingleFamilyResidence

/7523 Milwood

Canoga Park, CA, 91303

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$1,199,000

MLS: GD26082113

Beds

6

Baths

4

Sq Ft

2,986

Lot

0.17 ac

Year Built

1950

MLS #

GD26082113

Days on Market

2

Listed

Apr 26, 2026

Description

Exceptional income-producing opportunity at the heart of Canoga Park featuring three total units on one lot. The front residence offers a well-maintained 3-bedroom, 2-bath main home, while the rear includes two newer construction ADUs—one spacious 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit. All units are currently tenant occupied with rents being paid, creating immediate cash flow from day one. Total $8550 in rent. Ideal for investors seeking a stabilized asset with strong rental appeal and multiple income streams. The main home has been updated, and the newer ADUs add modern value and long-term desirability. Excellent opportunity to own a versatile, cash-flowing property with strong upside potential in a desirable location near shopping, dining, transportation, and major freeways.

Location

Canoga Park, Los Angeles County, CA 91303

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Listed by: Tereza Toramanyan · Coldwell Banker Hallmark

Payment estimate

$8,826

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $119,900 · Loan: $1,079,100

%
Principal & Interest
$6,828
Property tax (1.25%)
$1,249
Homeowners insurance
$300
Mortgage insurance
$450
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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 $41,965 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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.