22320 Itasca St, Chatsworth, CA 91311
22320 Itasca St, Chatsworth, CA 91311
22320 Itasca St, Chatsworth, CA 91311
61
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$2,799,000
Est. payment /mo
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12 Beds
8 Baths
5,284 SqFt
Open Sun 2PM-4PM

22320 Itasca St Chatsworth, CA 91311

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Candi Marshall

Candi Marshall

+1(702) 523-1759

Open House

Sun Jul 05, 2:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,284 sqft

Price per Sqft $529

MLS Listing ID 26850545

Bedrooms 12

Year Built 1974

Lot Size 0.351 Acres

Acres 0.3512

Property Sub-Type Multi-Family

Property Description

Situated on a quiet cul-de-sac with scenic views of the Chatsworth Mountains, this exceptional 4 unit residential compound offers a rare blend of investment performance and flexible residential living. Located on an expansive 15,300 SF lot with convenient access to the 118 Freeway, the property consists of 4 thoughtfully designed 3-bedroom, 2-bathroom residences totaling approximately 5300 SF of living space. Designed as a campus style layout with immense privacy, each dwelling features a separate entrance, private outdoor space, soaring ceilings, parking, in-unit laundry hookups and contemporary finishes throughout. Live in the main house while you subsidize your mortgage with the 3 back units, or create the perfect place for multigenerational living, RCFE, assisted living, sober living, executive housing or transitional housing use.Built to current construction and energy-efficiency standards, the property is equipped with solar power, HERS-certified systems, and individually metered. The projected rent roll consists of approximately $4,800/month for the main dwelling, $4,500/month for the duplex unit, and $3,800/month for each ADU, generating a total projected gross income of approximately $16,900 per month or $202,800 annually. Pro forma projections are based on 3% annual rental escalations and 3% annual expense inflation, while maintaining an estimated 28% expense ratio due to the benefits of brand-new construction, individually metered utilities, energy-efficient systems, and onsite solar generation. This operational efficiency supports a projected Year 1 NOI of approximately $146,000 and an estimated 5.06% cap rate, with projected income growth driving cap rate expansion to approximately 5.70% by Year 5. With its rare combination of new construction, operational efficiency, projected income growth, and flexible use potential, this property presents an exceptional opportunity for investors, owner-users, and care-facility operators alike. (Buyer to verify all use, zoning and licensing requirements).

Location

State CA

County Los Angeles

Area Chatsworth

Zoning LARE11

Rooms

Other Rooms Accessory Bldgs, Other

Interior

Heating Central

Cooling Central, Wall Unit(s)

Equipment Refrigerator, Range/Oven, Stackable W/D Hookup

Exterior

Parking Features Garage - 2 Car, Carport

Building

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Douglas Elliman

NEARBY SCHOOL & BUSINESS

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Candi Marshall

Candi Marshall

Realtor & TV Host | RE.S.0072180

+1(702) 523-1759

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22320 Itasca St