22320 Itasca Street, Chatsworth, CA 91311
Local realty services provided by:ERA North Orange County Real Estate
22320 Itasca Street,Chatsworth, CA 91311
$2,599,000
- 12 Beds
- 8 Baths
- 5,284 sq. ft.
- Multi-family
- Active
Listed by: lauren duffy, rick tyberg
Office: douglas elliman310-595-3888
MLS#:26987363
Source:CRMLS
Price summary
- Price:$2,599,000
- Price per sq. ft.:$491.86
About this home
Situated on a quiet cul-de-sac with scenic views of the Chatsworth Mountains, this exceptional 4-unit 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 property has a total projected gross income of approximately $22,000 per month or $242,880 annually. Pro forma projections are based on 3% annual rental escalations for the main dwelling and 4% annual rental escalations for the 3 back units, with 3% annual expense inflation and an 8% vacancy assumption. Total Year 1 operating expenses are projected at approximately $44,580, including maintenance and repairs, property taxes, property insurance, utilities, and property management fees. This operational efficiency supports a projected Year 1 NOI of approximately $198,300 and an estimated 7.6% cap rate, with projected income growth driving cap rate expansion to approximately 9.2% 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.)...
Contact an agent
Home facts
- Year built:1974
- Listing ID #:26987363
- Added:1 day(s) ago
- Updated:September 16, 2026 at 11:45 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:8
- Kitchen Description:Refrigerator
- Living area:5,284 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1974
- Building area:5,284 sq. ft.
- Lot area:0.35 Acres
- Levels:1 Story
Finances and disclosures
- Price:$2,599,000
- Price per sq. ft.:$491.86
Features and amenities
- Laundry features:Stacked
Parking
- Parking description:Carport, Door-Multi, Garage
New listings near 22320 Itasca Street
- Coming Soon
$1,089,000Coming Soon4 beds 3 baths2,420 sq. ft.20465 Shamrock Place, Chatsworth, CA 91311
MLS# SR26202495Listed by: PINNACLE ESTATE PROPERTIES - Coming Soon
$1,299,000Coming Soon5 beds 4 baths2,733 sq. ft.20325 Hiawatha Street, Chatsworth, CA 91311
MLS# 226004407Listed by: REAL BROKERAGE TECHNOLOGIES - Coming Soon
$249,999Coming Soon0.63 Acres0 0, Chatsworth, CA 91311
MLS# 26987923Listed by: BEVERLY & COMPANY LUXURY PROPERTIES - Coming Soon
$1,799,000Coming Soon4 beds 4 baths3,760 sq. ft.9701 Nita Avenue, Chatsworth, CA 91311
MLS# SR26199653Listed by: THE ONE LUXURY PROPERTIES - Coming Soon
$240,000Coming Soon3 beds 2 baths1,296 sq. ft.11401 Topanga Canyon Boulevard #98, Chatsworth, CA 91311
MLS# 226004134Listed by: KELLER WILLIAMS WESTLAKE VILLAGE - Coming Soon
$799,000Coming Soon3 beds 2 baths1,368 sq. ft.20111 Superior Street, Chatsworth, CA 91311
MLS# 26875597Listed by: BEVERLY & COMPANY LUXURY PROPERTIES - Open Sun, 1 to 4pmNew
$1,100,000Active5 beds 3 baths2,312 sq. ft.20812 Devonshire, Chatsworth, CA 91311
MLS# SR26201865Listed by: EQUITY UNION - New
$1,800,000Active3 beds 2 baths1,961 sq. ft.9814 Baden Avenue, Chatsworth, CA 91311
MLS# 26988481Listed by: GRIFFIN REAL ESTATE - New
$795,000Active3 beds 1 baths993 sq. ft.10116 Owensmouth, Chatsworth, CA 91311
MLS# SR26200534Listed by: LRS REALTY & MANAGEMENT INC.