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7506 Independence Ave, Canoga Park, CA 91303

List Price: $875,000On Market FlagOn market
Aug 19, 20251,351 sqft3 beds2 baths
Listed by: Josh Afighom
License #: 01783784
Phone #: 310-500-6319
Josh Afi Group
Source:
CRMLS Logo
MLS #: 25571423

Property Description

Rare Completely Gated & Private home with Potential ***ADU*** READY STRUCTURE Over 1,000 Sq Ft of Expansion Potential. A standout opportunity for investors, developers, or luxury-minded homeownersthis privately gated 3-bedroom, 2-bathroom residence sits on an expansive lot in the heart of Canoga Park, offering a unique blend of existing livability & high-value upside. The property includes a fully permitted two-story garage extension exceeding 1,000 sq ft, complete with existing plumbing and electrical, making it primed for ADU conversion, boutique rental, or multi-generational living. This rare permitted space positions the home as an income-generating asset with long-term potential in a rapidly appreciating market. Inside, the home features a spacious layout with a generous master suite, while the expansive front and backyards offer opportunities for outdoor entertaining, luxury landscaping, or further expansion. A long private driveway, covered carport, and dual vehicle access from the front and back alley provide flexibility and conveniencesought-after features in today's market. Ideally situated near Westfield Topanga & The Village, with close access to high-end retail, fine dining, and upscale amenities. Just minutes from the Rams Training Facility, Warner Center, and major freeways, this location offers the perfect balance of suburban privacy and urban access. Investment-Ready Potential: While the property is in clean condition, it invites personalization offering a prime opportunity to renovate or reposition with luxury finishes. The strong bones, generous lot size, and ADU infrastructure make this a highly attractive candidate for immediate or long-term returns. Surrounded by ongoing redevelopment and high-demand rental inventory. Whether you're looking to add to your portfolio, build a private compound, or customize your dream home with income potential this is the opportunity that checks every box.
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$8,409

TurboHome Estimated Value

$717,800

$531 sqft

High Valuation
$753,690
$558/sqft
Normal Valuation
$717,800
$531/sqft
Low Valuation
$681,910
$505/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$531/sqft$717,800

Neighborhood: Canoga Park

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Comparative Value

$790K

$800K

$810K

$825K

$850K

$875K

7945 Variel Ave, Canoga Park, CA 91304

Sale Price: $790,000

Selected Comparable

7924 Loma Verde Ave, Canoga Park, CA 91304

Sale Price: $800,000

Selected Comparable

21030 Lull St, Canoga Park, CA 91304

Sale Price: $810,000

Selected Comparable

7713 Glassport Ave, Canoga Park, CA 91304

Sale Price: $825,000

Selected Comparable

7706 Independence Ave, Canoga Park, CA 91304

Sale Price: $850,000

Selected Comparable

7506 Independence Ave, Canoga Park, CA 91303

List Price: $875,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
7506 Independence Ave, Canoga Park, CA 91303

7506 Independence Ave, Canoga Park, CA 91303

List: $875,000

Listed: 8/19/2025

Area:1,351 sqft
Price/sqft:$648
Beds:3
Baths:2
Year Built:
Lot Size:6,255

Comparable Properties

COMPARABLE
Choose comps
7945 Variel Ave, Canoga Park, CA 91304

7945 Variel Ave, Canoga Park, CA 91304

Sale: $790,000

5/6/20250.59 mi

Area:1,386 sqft
Price/sqft:$570
Beds:3
Baths:2
Year Built:
Weight:21.1%
21030 Lull St, Canoga Park, CA 91304

21030 Lull St, Canoga Park, CA 91304

Sale: $810,000

9/25/20240.19 mi

Area:1,307 sqft
Price/sqft:$620
Beds:3
Baths:2
Year Built:
Weight:20.8%
7924 Loma Verde Ave, Canoga Park, CA 91304

7924 Loma Verde Ave, Canoga Park, CA 91304

Sale: $800,000

11/26/20240.53 mi

Area:1,363 sqft
Price/sqft:$587
Beds:3
Baths:2
Year Built:
Weight:20.6%
7706 Independence Ave, Canoga Park, CA 91304

7706 Independence Ave, Canoga Park, CA 91304

Sale: $850,000

3/10/20250.23 mi

Area:1,577 sqft
Price/sqft:$539
Beds:3
Baths:2
Year Built:
Weight:19.3%
7713 Glassport Ave, Canoga Park, CA 91304

7713 Glassport Ave, Canoga Park, CA 91304

Sale: $825,000

3/13/20250.33 mi

Area:1,644 sqft
Price/sqft:$502
Beds:3
Baths:2
Year Built:
Weight:18.3%

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