22320 Itasca St - Apartments FOR SALE


Chatsworth, CA 91311
$2,599,000 USD
310-266-9585
22320 Itasca St, Chatsworth, CA for Sale
$2,599,000 USD
Apartments - FOR SALE
1/61
null | Request Cap Rate

22320 Itasca St
Chatsworth, CA 91311


HIGHLIGHTS

  • CASH COW INVESTOR SPECIAL: 4 UNITS TOTAL | IDEAL FOR ASSISTED CARE FACILITY
  • Separate entrances provide privacy for each residence.
  • Convenient access to the Ronald Reagan Freeway (SR-118).
  • Located on a cul-de-sac with views of the Chatsworth Mountains.

OVERVIEW

22320 Itasca St presents a four-unit multifamily residential compound in the Chatsworth submarket of Los Angeles. Situated on a cul-de-sac with views of the surrounding Chatsworth Mountains, the property combines an established residential setting with convenient regional access via the nearby Ronald Reagan Freeway (SR-118). The campus-style configuration provides separation between residences while maintaining a cohesive property layout that supports a variety of ownership strategies. The asset consists of four three-bedroom, two-bathroom residences totaling approximately 5,284 square feet on a 15,300-square-foot lot. Property features reported in marketing materials include separate entrances, private outdoor areas, parking accommodations, in-unit laundry hookups, contemporary finishes, and high ceilings. The layout may appeal to investors seeking a multifamily income-producing asset as well as owner-occupants interested in occupying one residence while generating income from the remaining units. Chatsworth benefits from its position within the northwest San Fernando Valley, providing access to major employment centers throughout Los Angeles County while maintaining a residential character. The property's proximity to the 118 Freeway supports connectivity to neighboring communities, regional business districts, and transportation corridors. The combination of multiple residential units, private living environments, and freeway accessibility creates a multifamily investment opportunity within an established Southern California housing market.

FOR SALE DETAILS

PRICE

$2,599,000 USD

PRICE/SF

$490 USD /SF

# OF UNITS

4

PRICE/UNIT

$649,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

LARE11

APN/PARCEL ID

2727-008-002

ASK ABOUT THIS PROPERTY

Jason FroehlichDouglas Elliman CommercialMore Info
310-266-9585

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Jason FroehlichDouglas Elliman CommercialMore Info
310-266-9585

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.