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 Studio Unit: $1,800 / month Total Monthly Rental Income: $15,300 Annual Gross Income: $183,600 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.**
Welcome to 9208 Applegate Terrace, a beautifully maintained duplex offering two spacious 2-story units on a peaceful cul-de-sac in the desirable Lake Manor neighborhood of Chatsworth. Together, the property features 4 bedrooms, 2 bathrooms, and approximately 2,100 sq ft of living space, perfect for investors, extended families, or anyone seeking a versatile income property. Each unit is a 2-bedroom, 1-bath layout with bedrooms conveniently located upstairs. The interiors offer comfortable living and dining areas, indoor laundry, and upgraded plumbing throughout. Both units enjoy access to private outdoor spaces, ideal for relaxing, entertaining, or gardening. Recent improvements include a new roof, refreshed exterior stairs, and general upgrades that provide peace of mind and low maintenance. The property also features two covered carport spaces per unit, providing ample parking for residents. Utilities & Tenancy: The property is master-metered for water, with all other utilities separately metered for each unit, a great setup for cost efficiency. Both tenants are long-term and wish to remain, making this a turnkey investment opportunity with reliable rental income from day one. Set against the scenic foothills of Chatsworth, this duplex combines a serene residential feel with easy access to schools, parks, shopping, dining, and major commuter routes. Property Highlights: Two 2 BD / 1 BA units (total 4 BD / 2 BA) Each unit is 2 stories with bedrooms upstairs Approx. 2,100 sq ft combined living space Indoor laundry in both units Upgraded plumbing 2 covered carport spaces per unit master-metered water, separate utilities. Both tenants wish to remain. Newer roof and exterior updates Quiet cul-de-sac location in Lake Manor, Chatsworth Discover the comfort, charm, and investment potential of this well-maintained duplex, a true gem in one of Chatsworth's most peaceful communities.
Chatsworth is located in California.
