Solar-Equipped
22320 Itasca St, Chatsworth, CA 91311
For Sale
$2,599,000
Four separate residences offer individual entrances, private outdoor areas, and in-unit laundry hookups.
Property Size5,284 SF
Lot Size0.35 Acres
Price / SF$491.86
Days on Market21
Property Features for 22320 Itasca St
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Amenities
separate entrance
private outdoor space
soaring ceilings
parking
in-unit laundry hookups
contemporary finishes
solar power
HERS-certified systems
Building Details
Year Built
Listing Agency:
Douglas Elliman
Listed By:
Lauren Duffy
Source:
Forwardinglewood
Added: Oct 19
Changed: Nov 7
Last Checked: Nov 7 at 5:25PM
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 Douglas Elliman
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit residential property contains 5,284 square feet across four homes, each configured with three bedrooms and two bathrooms. Separate entrances and private outdoor areas give each residence its own access and exterior space. Additional features include high ceilings, contemporary finishes, parking, and in-unit laundry hookups. Solar power, HERS-certified systems, and individual utility metering serve the property. The site covers 15,300 square feet.
Set on a cul-de-sac in Chatsworth, the property has access to the 118 Freeway. Its four-residence configuration and separate entrances provide distinct living spaces within one multifamily property.
Set on a cul-de-sac in Chatsworth, the property has access to the 118 Freeway. Its four-residence configuration and separate entrances provide distinct living spaces within one multifamily property.
Key Highlights
- Four residences, each with 3 bedrooms and 2 bathrooms
- 5,284 SF of building area on a 15,300 SF lot
- Solar power, HERS‑certified systems, and individual metering
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,278
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,845,560
$1.8M
Cap Rate 7%
$1,318,257
$1.3M
Cap Rate 9%
$1,025,311
$1.0M
Market Conditions
NOI Build-Up for 5,284 SF
Gross rent
$142.7K $27.00/SF
− Vacancy
−$10.8K −$2.05/SF
EGI
$131.8K $24.95/SF
− OpEx
−$39.5K −$7.48/SF
NOI
$92.3K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,845,560
Cap Rate 7%
$1,318,257
Cap Rate 9%
$1,025,311
Alternative Uses
Best Use
Multifamily LT 5
$1.32M
$1.15M – $1.54M
NOI $92,278 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$1.21M
$1.06M – $1.42M
NOI $85,024 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$2.83M
$2.48M – $3.30M
NOI $198,032 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,354
Businesses Nearby
Explore this area
Business Placement
Demographics for 91311, CA
39,014
Population
14,879
Households
2.6
Avg Household Size
44
Median Age
45%
College-Educated
91%
High-School Grad
32.6 sq mi
ZIP Area
1,197
Density / Sq Mi
$117,574
Median Household Income
$60,403
Median Earnings
$2,199
Median Rent
$837,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Los Angeles County, CA
Properties on Market for Quadplexes in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four separate residences offer individual entrances, private outdoor areas, and in-unit laundry hookups.
Where is this quadplex located?
The property is located at 22320 Itasca St Chatsworth, CA.
What is the asking price?
The asking price for this property is $2,599,000.
What are key features of this property?
This property features: Four residences, each with 3 bedrooms and 2 bathrooms; 5,284 SF of building area on a 15,300 SF lot; Solar power, HERS‑certified systems, and individual metering
