20200 Lassen, Chatsworth, CA 91311

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Sold Price
$1,850,000
List Price
$1,899,999
Closing Date
May 27, 2026
Status
CLOSED
MLS#
SR26025318
Year Built
1958
Lot Size
8,406
Acres
0.19
Lot Location
2-5 Units/Acre, Front Yard, Near Park, Near Public Transit
Days on Market
38
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

A rare high performing investment opportunity!! exceptional multiple units residential income property offering strong in-place cash flow with significant upside. Ideal for investors or a savvy owner-occupant looking to live in one unit while rental income offsets the mortgage. 20200 Lassen St. 20200 1/2 Lassen St. 20198 and 20198 1/2 Lassen St. Rent Roll: Main Residence (4 Beds / 3 Baths): $4,500 / month ADU (3 Beds / 3 Baths): $3,500 / month SB Unit (3 Beds / 3 Baths): $3,500 / month Jr. ADU: $2,000 / month Please reach out for details on this incredible property. Offering flexibility for owner-occupancy, repositioning, or value-add strategies. All tenants are good, long-term occupants. This property presents a rare opportunity to combine residential living with income production, making it suitable for both seasoned investors and buyers entering multi-unit ownership. Centrally located near employment centers, transportation, and local amenities. Buyer to verify all information, including rents, expenses, lease terms, permits, and unit configuration. Main property has leased solar panels with payments of approximately $191/month. Buyer to assume solar lease and verify terms directly with the provider** One additional unit/studio is not permitted**Buyer and buyer's agent to independently verify all information including but not limited to income, expenses, zoning, square footage, use and all property information to their satisfaction.**

Additional Information

Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$162,000
Operating Expense
26577

Listing courtesy of Listing Agent: Carol Oliva (carolsellshomes378@gmail.com) from Listing Office: LPT Realty, Inc.

Listing sold by Carol Oliva from LPT Realty, Inc

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.