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22320 Itasca Street

Chatsworth, CA 91311
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Bed 12

Bed

Bath 0

Bath

SqFt5,284

Sqft

SqFt15,300

Sqft(Lot)

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).

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,799,000

AD Id : 85726174

MLS Id : 26850545

Beds : 12

Lot Size : 15,300 Sqft

Living Area Size : 5,284

Year Built : 1974

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 8
  • Interior Features

    Appliances: Refrigerator
    Laundry Features: Stacked
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1974
    Building Area Total: 5284
    Stories: 1
    Private Pool: No

  • Lot Information

    Main Square Feet: 15300 Lot Size Acres: 0.3512 Lot Size Square Feet: 15,300

  • Listing Price Information

    Listing Price: $2799000

  • Tax Information

    Parcel Number: 2727008002

  • Location Information

    Direction: West of Topanga Canyon Blvd, North of Plummer St
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
10949 Cartwright Drive, Chatsworth, CA, 91311 $2,300,000 4 5 4,160 4,160 SqFt
19858 Longhorn Drive, Chatsworth, CA, 91311 $2,650,000 5 4 5,587 5,587 SqFt
19723 Romar Street, Chatsworth, CA, 91311 $1,349,500 4 3 2,883 2,883 SqFt
19865 Hiawatha Street, Chatsworth, CA, 91311 $1,685,000 4 5 3,989 3,989 SqFt
19816 Septo Street, Chatsworth, CA, 91311 $1,275,000 5 3 3,274 3,274 SqFt
20001 Hiawatha Street, Chatsworth, CA, 91311 $1,950,000 5 4 3,250 3,250 SqFt
9621 Jumilla, Chatsworth, CA, 91311 $999,999 5 3 2,144 2,144 SqFt
19806 Needles, Chatsworth, CA, 91311 $1,249,000 3 3 1,823 1,823 SqFt
20000 Vintage, Chatsworth, CA, 91311 $1,550,000 4 3 2,606 2,606 SqFt
11091 Woodcrest Court, Chatsworth, CA, 91311 $2,549,000 5 6 4,872 4,872 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/12/2026 @ 15:15

MLS: 26850545 LISTED BY: Lauren Duffy, Douglas Elliman 310-595-3888 SOURCE: CRMLS

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