10155 10161 Remmet AVE Chatsworth, CA 91311
UPDATED:
01/15/2025 02:32 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24232234
HOA Y/N No
Year Built 1957
Lot Size 6,603 Sqft
Property Description
Introducing an exceptional investment opportunity for the astute investor: two parcels consisting of two adjacent residential units in the highly desirable neighborhood of Chatsworth, CA. These properties offer a stable foundation for investment growth, boasting consistent rental income in a sought-after area.
**Investment Highlights:**
- **Consistent Rental Income:** 3/4 units are leased as of this listing, offering immediate cash flow from the outset. With 2 bedrooms and 1 bath each, these units appeal to a wide range of renters.
- **Strategic Dual Acquisition:** The purchase of these two properties not only diversifies your portfolio but also increases your leverage in a competitive rental market. This acquisition strategy enhances potential for capital growth and rental yield.
- **Desirable Tenant Demographics:** Situated in Chatsworth, known for its quality residential living, excellent schools, and community amenities, these units attract stable, long-term tenants seeking a blend of suburban comfort and convenience.
- **Value-Add Potential:** Each unit offers the opportunity for value-add enhancements. Strategic updates can modernize the spaces, allowing for rental rate adjustments that reflect the improvements and the area's strong rental demand.
**Property Features:**
- Each unit features a well-designed layout with 2 bedrooms and 1 bathroom, catering to a broad tenant base.
- Private outdoor areas for each unit enhance livability and appeal to tenants seeking quality outdoor space.
- Proximity to local amenities, including shopping, dining, parks, and schools, adds to the rental attractiveness.
- Energy-efficient features present in the units can be further improved to decrease operational costs and attract environmentally conscious tenants.
**Investment Overview:**
Owning on Remmet Ave represents a significant investment in a thriving rental market. These properties not only provide immediate cash flow but also hold the potential for capital appreciation through strategic improvements and market dynamics. As Chatsworth continues to grow and attract renters, these properties stand as a testament to a smart, growth-oriented investment strategy. Seize this unique opportunity to expand your real estate portfolio with assets that promise stability, growth, and profitability.
Location
State CA
County Los Angeles
Area Cht - Chatsworth
Zoning LAR2
Interior
Interior Features Ceiling Fan(s), Laminate Counters, Tile Counters, Unfurnished
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Electric Range, Gas Oven, Gas Range, Gas Water Heater, Water Heater
Laundry None
Exterior
Parking Features Assigned
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Storm Drain(s), Street Lights, Sidewalks, Valley
Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Accessibility Parking
Total Parking Spaces 4
Private Pool No
Building
Lot Description Level, Near Public Transit, Paved
Story 1
Entry Level One
Sewer Sewer Tap Paid
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2747012032
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Trust Conveyance
Listing Terms Cash, Conventional, 1031 Exchange, FHA, Trust Conveyance
Special Listing Condition Standard, Trust