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Chatsworth Apartments 17115 Chatsworth St 17 Unit Apartment Building $9,500,000 ($558,824/Unit) 3% Cap Rate Granada Hills, CA 91344



EXECUTIVE SUMMARY
Proud to present this beautiful 17-unit apartment building located in the heart of Granada Hills. Built in 2003, the property offers an attractive unit mix of eight (8) two-bedroom, two-bathroom units and nine (9) two-bedroom, two-and-a-half-bathroom loft units. Situated on a 13,700 sq. ft. lot, the building provides approximately 20,980 rentable sq. ft.
Ideally positioned in a sought-after Granada Hills rental pocket, the property is within close proximity to top-rated Charter Schools, Trader Joe’s, HomeGoods, Ralphs, Sprouts, and Cal State Northridge. Tenants also benefit from easy access to the 405, 5, and 118 freeways, connecting them conveniently to the greater Los Angeles area.
The building features desirable amenities including fireplaces, spacious loft-style layouts, and secured parking. Each unit is separately metered for gas and electricity, allowing for efficient operations. With its prime location, modern construction, and strong rental appeal, this is an exceptional investment opportunity in one of the San Fernando Valley’s most desirable neighborhoods.
Ideally positioned in a sought-after Granada Hills rental pocket, the property is within close proximity to top-rated Charter Schools, Trader Joe’s, HomeGoods, Ralphs, Sprouts, and Cal State Northridge. Tenants also benefit from easy access to the 405, 5, and 118 freeways, connecting them conveniently to the greater Los Angeles area.
The building features desirable amenities including fireplaces, spacious loft-style layouts, and secured parking. Each unit is separately metered for gas and electricity, allowing for efficient operations. With its prime location, modern construction, and strong rental appeal, this is an exceptional investment opportunity in one of the San Fernando Valley’s most desirable neighborhoods.
PROPERTY FACTS
| Price | $9,500,000 | Building Class | B |
| Price Per Unit | $558,824 | Lot Size | 0.31 AC |
| Sale Type | Investment | Building Size | 20,980 SF |
| Cap Rate | 3% | Average Occupancy | 100% |
| No. Units | 17 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2003 |
| Property Subtype | Apartment | Parking Ratio | 0.7/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LAR3 | ||
| Price | $9,500,000 |
| Price Per Unit | $558,824 |
| Sale Type | Investment |
| Cap Rate | 3% |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.31 AC |
| Building Size | 20,980 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2003 |
| Parking Ratio | 0.7/1,000 SF |
| Zoning | LAR3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Fireplace
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
- Loft Layout
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 8 | - | - |
| 2+2.5 | 9 | - | - |
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 2696-029-027 | Improvements Assessment | $5,430,888 |
| Land Assessment | $3,620,592 | Total Assessment | $9,051,480 |
PROPERTY TAXES
Parcel Number
2696-029-027
Land Assessment
$3,620,592
Improvements Assessment
$5,430,888
Total Assessment
$9,051,480
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Chatsworth Apartments | 17115 Chatsworth St
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