IN ESCROW

4 Units in Granada Hills

San Fernando Valley

17082 Chatsworth Street, Granada Hills, CA 91344

Property Description

17082 Chatsworth Street is a fully occupied 4 Unit property located in Granada Hills south of the 118 freeway.  This investment offers an owner occupier or investor a chance to acquire a solid rental property in a strong developing rental market.

The property is comprised of 4,815 SF with a front 3/2 unit that is perfect for an owner/occupier.  In the back is (1) 2 bed townhouse style unit along with (2) 1 bed/1 bath units with a balcony above a tandem garage that can hold up to six parking spaces.  Or, the garage can be later converted into a potential ADU for additional rental income.

All of the tenants are month to month, the units are in good condition, and there is opportunity for a new investor to achieve higher rents.  The building was originally built in 1952 and sits on a  total lot size of 6,499 SF zoned RD1.5.

Features and Highlights

  • Month to Month Tenancy with Full Occupancy
  • Below Market Rents in a High Demand Rental Area.
  • Subject to LA Rent Stabilization Ordinance
  • Good Location in Granada Hills in LA County near Chatsworth, Northridge, Porter Ranch, Reseda, Van Nuys Airport, CSUN, tons of Parks & Recreation, and restaurants and shops nearby.

Property Details

  • Price:$1,450,000
  • APN:2695-002-009
  • Units:4
  • Style:Townhouse
  • Building Size:4,815 SF
  • Lot Size:6,499 SF
  • Year Built:1952
  • MLS:OC21097946

Listing Agent: Brian Noh, CCIM DRE: 01438115

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