18724 Chase,Los Angeles, CA 91324
Los Angeles, CA 91324
Description
THE CHASE OASIS | PRIME NORTHRIDGE INCOME-PRODUCING INVESTMENT OPPORTUNITY FULLY OCCUPIED | MULTIPLE INCOME STREAMS | EXCEPTIONAL FLEXIBILITY Welcome to The Chase Oasis, a rare income-producing investment in Northridge! Located near CSUN, major hospitals, shopping, dining, and freeways, this established rental property offers immediate income potential and long-term versatility. On a 12,520 sq. ft. fully fenced lot, this approximately 3,743 sq. ft. property offers a flexible layout with approximately 10 bedrooms, 8 bathrooms, including a permitted 1-bedroom, 1-bathroom Junior ADU (18724 ½), plus office/flex space. Currently 100% occupied with long-term and mid-term rentals, it delivers an established income stream. Designed for rental flexibility, the property includes four private-entry accommodations with individual bathrooms, common areas, wide hallways, two ADA-compliant bathrooms, a fire alarm system, mini-split heating and cooling in every bedroom, ceiling fans, laminate flooring, and updated bathrooms. The Junior ADU offers additional rental or operational flexibility. The private grounds include a swimming pool, mature shade trees, a storage shed, and outdoor space. An approximately 100-yard driveway adds separation from the street and leads to on-site parking for approximately 12-15 vehicles. With its distinctive configuration, the property can support a variety of living arrangements while offering residents comfortable private spaces and shared amenities. The expansive parking area, outdoor retreat, and convenient proximity to nearby employment and educational centers further enhance its appeal to prospective residents and operators. UNIQUE INVESTMENT AND BUSINESS OPPORTUNITIES! Previously operated as a residential care facility, this property may appeal to investors, co-living and corporate housing operators, mid-term rental providers, and those exploring sober living, assisted living, board-and-care, or other residential housing uses. Buyers must independently verify zoning, permits, licensing, occupancy restrictions, and applicable governmental requirements. Whether expanding your rental portfolio or exploring specialized housing, The Chase Oasis combines location, privacy, flexibility, and income potential. Seller-paid interest rate buydown available with acceptable offer! Acquire an established, fully occupied income property in the San Fernando Valley. Contact the listing agent for rental details and private showings.
Details
| MLS # | AR26152201 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1966 |
| Days On Site | 98 |
| Listing Provided By | Socal Platinum Properties | Christine Alanes |
Features
| Zoning | RS-1 |
|---|---|
| Acreage | 0.29 |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 91324 |
| Area | 699 Not Defined |
| Listing VS Median (in 91324) | |
Price: $2,158,000 low | high Med: $849,000 On site: 98 low | high Med: 14 | |
Market Activity 91324
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 91324 |
| Area | 699 Not Defined |
| Listing VS Median (in 91324) | |
Price: $2,158,000 low | high Med: $849,000 On site: 98 low | high Med: 14 | |