$499,000
Ideal Family Compound or Incredible Development Opportunity located in Chatsworth Lake Manor (unincorporated LA county). This unique property presents a rare opportunity for development or creating a multi-generational family retreat. Spanning seven individual parcels, over 16,000sqft the land stretches from Franklin Street to Johnell Road and includes two homes, multiple structures, and established utility infrastructure. House #1: Originally permitted as a 1-bedroom, 1-bath home (currently configured as 2 bedrooms). The home requires significant repairs. The garage, included in the assessor’s square footage, has been converted into an unpermitted studio. Additionally, a gazebo on the property was converted into an unpermitted studio apartment. House #2: Permitted as a 1-bedroom, 1-bath home. Also in need of substantial repairs. Infrastructure Includes: Three septic systems, Main SCE electric meter at House #1, with two sub-meters servicing House #2 and the garage, Two separate Las Virgenes Water District meters, one for each house. With flexible layout potential and expansive land across multiple legal parcels, this property offers tremendous value for investors, builders, or families looking to create a private compound. Buyer to verify all permits, square footage, and zoning options.
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Listed by Julliann Woods with Pinnacle Estate Properties, Inc. (805) 222-7000
Property Type
Single Family Residence
Status
Active
MLS Number
SR25218586
Year Built
1943
Lot Size
0.38 acres