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Residential Income Property with Junior ADU
For Sale
$2,158,000

18724 Chase, Los Angeles, CA 91324

Fully occupied residential income property with long- and mid-term rental arrangements, flexible interior space, and a permitted Junior ADU.

Property SizeContact for details
Days on Market13

Property Features for 18724 Chase

General Information

Standard status Active
Property subtype COMMERCIAL

Building Details

Year Built 1966
Listing Agency: Socal Platinum Properties
Listed By: Christine Alanes · License #02207866
Source: Truthrealty
Added: Jul 23 Changed: Aug 3 Last Checked: Aug 4 at 9:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Socal Platinum Properties

Investment Insights

Based on property information with market context.

This approximately 3,743 sq. ft. residential income property includes a 10-bedroom, 8-bathroom main residence, a permitted 1-bedroom, 1-bathroom Junior ADU identified as 18724 1/2, and office/flex space. Interior features include wide hallways, two ADA-compliant bathrooms, a fire alarm system, laminate flooring, updated bathrooms, ceiling fans, and individual mini-split heating and cooling systems in every bedroom. The property is fully occupied with a combination of long-term and mid-term rentals.

Outdoor improvements include a pool, storage shed, mature shade trees, a fully fenced lot, and on-site parking for approximately 12-15 vehicles. The driveway is around 100 yards from the main house. Located at 18724 Chase in Los Angeles, the property is near CSUN, major hospitals, shopping, dining, and freeway access. It was historically operated as a residential care facility under prior ownership; any future use remains subject to buyer verification of zoning, licensing, permits, and applicable governmental requirements.

Key Highlights

  • Approximately 3,743 sq. ft. with a 10‑bedroom, 8‑bathroom main residence
  • Permitted 1‑bedroom, 1‑bathroom Junior ADU at 18724 1/2
  • Fully occupied with long‑term and mid‑term rental arrangements

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Travel Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Clothing & Fashion Store Restaurant Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,458
Businesses Nearby

Demographics for 91324, CA

29,500
Population
11,408
Households
2.6
Avg Household Size
39
Median Age
38%
College-Educated
86%
High-School Grad
4.3 sq mi
ZIP Area
6,860
Density / Sq Mi
$99,834
Median Household Income
$46,513
Median Earnings
$2,286
Median Rent
$869,200
Median Home Value

Market

Average Price Trend$/SF for Residential income properties in Los Angeles, CA

$416 Feb
$415 Mar
$425 Apr
$375 May
$353 Jun
$440 Jul

Properties on Market for Residential income properties in Los Angeles

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Fully occupied residential income property with long- and mid-term rental arrangements, flexible interior space, and a permitted Junior ADU.
Where is this residential income property located?
The property is located at 18724 Chase Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,158,000.
What are key features of this property?
This property features: Approximately 3,743 sq. ft. with a 10‑bedroom, 8‑bathroom main residence; Permitted 1‑bedroom, 1‑bathroom Junior ADU at 18724 1/2; Fully occupied with long‑term and mid‑term rental arrangements
More about this property
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