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17088 Chatsworth St 4 Unit Apartment Building $2,000,000 ($500,000/Unit) Granada Hills, CA 91344
Investment Highlights
- 4 Large Units: (2) 2BR/2BA and (2) 2BR + loft/2BA
- (2) 2-car garages, and (4) carport spaces
- Future development potential, subject to buyer verification
- Approximate Unit Sizes: (2) ~1,200 SF and (2) ~1,400 SF
- In-unit washer/dryer, and Central A/C; appliances included
Executive Summary
Kidder Mathews is pleased to present the sale of 17088 Chatsworth St, a four-unit multi- family property located in Granada Hills, CA.
The asset offers strong resident appeal with a well-rounded amenity package, including central air conditioning and a full suite of appliances, including in-unit washer and dryer. Parking is a key differentiator, with two (2) 2-car garages and four (4) carport spaces; Units A and B (downstairs) include carport parking, while Units C and D (upstairs) include garage parking.
The property benefits from excellent street frontage and a convenient infill location near State Route 118 and Interstate 405, as well as nearby retail and daily-needs amenities. The building is located mid-block on Chatsworth Street, north of Devonshire St and west of Balboa Blvd. The property is currently fully occupied with in-place rents, presenting a stabilized investment opportunity. Potential additional unit / ADU concepts may exist subject to buyer verification of zoning, lot configuration, and permitting.
The asset offers strong resident appeal with a well-rounded amenity package, including central air conditioning and a full suite of appliances, including in-unit washer and dryer. Parking is a key differentiator, with two (2) 2-car garages and four (4) carport spaces; Units A and B (downstairs) include carport parking, while Units C and D (upstairs) include garage parking.
The property benefits from excellent street frontage and a convenient infill location near State Route 118 and Interstate 405, as well as nearby retail and daily-needs amenities. The building is located mid-block on Chatsworth Street, north of Devonshire St and west of Balboa Blvd. The property is currently fully occupied with in-place rents, presenting a stabilized investment opportunity. Potential additional unit / ADU concepts may exist subject to buyer verification of zoning, lot configuration, and permitting.
Property Facts
| Price | $2,000,000 | Building Class | C |
| Price Per Unit | $500,000 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 2,600 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2008 |
| Property Subtype | Apartment | Parking Ratio | 2.31/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple | ||
| Price | $2,000,000 |
| Price Per Unit | $500,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,600 SF |
| No. Stories | 2 |
| Year Built | 2008 |
| Parking Ratio | 2.31/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
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17088 Chatsworth St
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