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.)<\/p>","protected":false},"excerpt":{"rendered":"
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 […]<\/p>\n","protected":false},"author":1,"featured_media":5177456,"parent":0,"menu_order":0,"template":"","property_type":[],"property_status":[1034],"property_feature":[128,95,100,56],"property_label":[85],"property_country":[],"property_state":[103],"property_city":[358],"property_area":[],"class_list":["post-5089650","property","type-property","status-publish","has-post-thumbnail","hentry","property_status-residential-income","property_feature-has-carport","property_feature-has-cooling-system","property_feature-has-heating-system","property_feature-refrigerator","property_label-active","property_state-los-angeles","property_city-chatsworth"],"property_meta":{"_mlsimport_listing_key":["1190740007"],"MLSimport_item_inserted":["94072"],"fave_property_land_postfix":["Square Feet"],"fave_property_year":["1974"],"fave_property_address":["Itasca"],"fave_property_price":["2599000"],"fave_property_land":["0.3512"],"fave_property_bedrooms":["12"],"fave_property_size":["5284"],"fave_property_bathrooms":["0"],"fave_property_country":["United States"],"fave_property_zip":["91311"],"fave_property_map_address":["22320 Itasca Street"],"houzez_geolocation_long":["-118.613332"],"houzez_geolocation_lat":["34.244055"],"fave_property_id":["26987363"],"property_bathrooms":["0"],"REAL_HOMES_property_bathrooms":["0"],"fave_contact-mail":["lauren@tybergduffy.com"],"fave_brokered-by":["Douglas Elliman"],"fave_listed-by":["Lauren Duffy"],"fave_dre":["02134685"],"mlsimport_stored_modification_timestamp":["2026-09-15T21:24:27.760-00:00"],"mlsimport_synced_mod":["1789507467"],"mlsimport_stored_write_config_version":["cbeb9f57de1c6565937309b36393a1e55515b1366bb096892bba9eb4f914a943"],"fave_property_location":["34.244055,-118.613332"],"property_location":["34.244055,-118.613332"],"additional_features":["a:0:{}"],"fave_agents":["0"],"fave_agent_display_option":["agent_info"],"fave_featured":["0"],"houzez_featured_listing_date":[""],"fave_property_map":["1"],"fave_property_map_street_view":["show"],"fave_single_top_area":["global"],"fave_single_content_area":["global"],"fave_additional_features_enable":["enable"],"fave_property_size_prefix":["Sq Ft"],"_thumbnail_id":["5177456"],"houzez_total_property_views":["7"],"houzez_views_by_date":["a:3:{s:10:\"09-14-2026\";i:2;s:10:\"09-15-2026\";i:1;s:10:\"09-16-2026\";i:4;}"],"houzez_recently_viewed":["2026-09-16 22:11:47"],"_elementor_page_assets":["a:0:{}"],"fave_property_images":["5177456","5177457","5177458","5177459","5177460","5177461","5177462","5177463","5177464","5177465","5177466","5177467","5177468","5177469","5177470","5177471","5177472","5177473","5177474","5177475","5177476","5177477","5177478","5177479","5177480","5177481","5177482","5177483","5177484","5177485","5177486","5177487","5177488","5177489","5177490","5177491","5177492","5177493","5177494","5177495","5177496","5177497","5177498","5177499","5177500","5177501","5177502","5177503","5177504","5177505","5177506","5177507","5177508","5177509","5177510","5177511","5177512","5177513","5177514","5177515","5177516"]},"yoast_head":"\n