21902 Lassen St, Chatsworth, CA for sale

Investment Overview

The Property is a unique opportunity to purchase a potential TURNKEY COVERSIION OPPORTUNITY ready for conversion ‘AS IS’. Originally constructed and designed for long-term extended stay family housing, the Property consists of 114 permanent residential units resting on an approximate 2.64 well contained lot with entry/exit only through the front of the property on Lassen Street. Built in 1989 and extensively renovated in 2024, The units offer: • Apartment/Condominium/Townhome style units • 87 1 Bedroom/1Bath units – average size is approximately 650 Square Feet • 27 2 Bedroom/1Bath units – average size is approximately 850 Square Feet • Full Kitchen in each unit with oven/stove, sink and refrigerator with Dining Area • Fully Furnished Units • Low Density Environment with Campus Like Living • HVAC Air Conditioning and Heating • Extensively Renovated in 2024 The Property offers the following amenities conducive to Permanent Housing: • Administration offices and Conference Room • Full Kitchen and Dining Area • Laundry Room – Property and Guest Laundry • Swimming Pool and Spa with Outdoor BBQ Area • Outdoor Gathering Areas • Fitness Center

Investment Highlights

• TURNKEY - RARE OPPORTUNITY FOR CONVERSION
• Total Renovation 2024
• Apartment/Condo/Townhome Style Units
• Full Kitchens with Stove/Oven/Sink/Refrigerator and Dining Area
• Low-Density Community on Large 2.64-Acre Lot