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Listed by Yunjiao Guan • Pinnacle Real Estate Group
$890,000
Est. payment /mo
1,120 SqFt
UPDATED:
10/08/2024 03:22 AM
Key Details
Property Type Single Family Home, Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,120 sqft
Price per Sqft $794
MLS Listing ID CRTR24172982
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1924
Lot Size 0.252 Acres
Property Description
This low-maintenance, 4-unit income property in Chatsworth Lake Manor currently generates over $60,000 in income from single occupancy, ( with three units rented at $1,260 and one unit rented at $1,300 ) with potential to reach $80,000 with double occupancy. The property consists of two duplexes situated on a quarter-acre, street-to-street lot, completely rebuilt in 2010 from the studs up. Each of the four studio units features a private patio of equal size, and a designated large storage cabin at the back of the property (total 4 large storage/workshop cabins) . The property includes off-street parking, separate electrical meters for each unit, and all units are equipped with wood or tile floors, kitchens with ovens and stoves, and shower bathrooms. Fully fenced with gates, the property is located in a quiet and unique community. Approved plans from 2010-2011 to expand each studio unit to a one-bedroom unit. 1031 exchange buyers are welcome.
Location
State CA
County Los Angeles
Interior
Heating Electric
Cooling Wall/Window Unit(s), Other
Flooring Tile, Wood
Fireplace No
Appliance Electric Water Heater
Laundry No Hookups
Building
Water Public
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James Dye
Broker Associate | License ID: 00897803
Broker Associate License ID: 00897803