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.
Property Details
Price:
$890,000
MLS #:
TR24172982
Status:
Active
Baths:
0
Address:
9316 Thompson Avenue
Type:
Residential Income
Subtype:
Single Family Residence
Neighborhood:
chtchatsworth
City:
Chatsworth
Listed Date:
Aug 20, 2024
State:
CA
ZIP:
91311
Lot Size:
10,982 sqft / 0.25 acres (approx)
Year Built:
1924
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Schools
Interior
Appliances
Electric Oven, Electric Cooktop, Electric Water Heater, Microwave
Cooling
Electric, Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Tile, Wood
Heating
Electric
Exterior
Community Features
Foothills, Hiking, Park, Preserve/ Public Land
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
Assigned
Parking Spots
4.00
Pool Features
None
Sewer
Conventional Septic
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Available, Electricity Connected, Sewer Not Available, Water Connected
Map
Community
- Address9316 Thompson Avenue Chatsworth CA
- AreaCHT – Chatsworth
- CityChatsworth
- CountyLos Angeles
- Zip Code91311
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9316 Thompson Avenue
Chatsworth, CA
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