20200 Lassen, Chatsworth, CA 91311

$1,850,000

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List Agent Carol Oliva () LPT Realty, Inc; CoList () Courtesy of Selling Office: LPT Realty, Inc, Carol Oliva - Selling Agent DRE# and Courtesy of Listing Office LPT Realty, Inc, Carol Oliva - Agent DRE#

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
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

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.