9316 Thompson Avenue

Chatsworth, CA 91311

$890,000
Price
4
Beds
4
Baths
1,120 Sq. Ft.
$795 / Sq. Ft.
1,120
Sq. Ft.
$795
per Sq. Ft.

Description

This low-maintenance, 4-unit income property in Chatsworth Lake Manor currently generates over $60,000 in income from single occupancy, ( with three units rented at $1,260 and one unit rented at $1,300 ) with potential to reach $80,000 with double occupancy. The property consists of two duplexes situated on a quarter-acre, street-to-street lot, completely rebuilt in 2010 from the studs up. Each of the four studio units features a private patio of equal size, and a designated large storage cabin at...This low-maintenance, 4-unit income property in Chatsworth Lake Manor currently generates over $60,000 in income from single occupancy, ( with three units rented at $1,260 and one unit rented at $1,300 ) with potential to reach $80,000 with double occupancy. The property consists of two duplexes situated on a quarter-acre, street-to-street lot, completely rebuilt in 2010 from the studs up. Each of the four studio units features a private patio of equal size, and a designated large storage cabin at the back of the property (total 4 large storage/workshop cabins) . The property includes off-street parking, separate electrical meters for each unit, and all units are equipped with wood or tile floors, kitchens with ovens and stoves, and shower bathrooms. Fully fenced with gates, the property is located in a quiet and unique community. Approved plans from 2010-2011 to expand each studio unit to a one-bedroom unit. 1031 exchange buyers are welcome.
  1. Listed by Yunjiao Guan • DRE #02123617 • Brokerage DRE #01918023 • Pinnacle Real Estate Group
  2. Listed by DAOMING WANG • DRE #02032969 • Brokerage DRE #01918023 • Pinnacle Real Estate Group

Property Details for 9316 Thompson Avenue

Parking Spaces Total
4
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1120
Assessor Parcel Number
2007-009-041
LISTING UPDATED: 10/07/2024 08:05 AM

Property Details for 9316 Thompson Avenue

StatusActive
MLS #TR24172982
Days on Market177
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.25 AC / 10,982 SF
CountyLos Angeles County

Building Information for 9316 Thompson Avenue

Stories1Residences-Year Built1924Building Size-Lot Size0.25 AC / 10,982 SF

Property Information for 9316 Thompson Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $60,950
  • Gross Scheduled Income: $60,950
  • Net Operating Income: $50,000
Expense Details
  • Operating Expense: $2,000
  • Fuel Expense: $1,000
  • Electric Expense: $1,000
  • Insurance Expense: $1,000
  • Trash Expense: $50
  • Water Sewer Expense: $60
  • Total Expenses: $6,000
Tax / Assessment Info
  • Tax Block: 6
  • Tax Tract Number: 0000
  • Tax Census Tract: 1132.35
  • CFD/Mello-Roos Fee: $512
  • Tax Lot: B
Community / Development
Community / Development
  • Community Features: Foothills, Hiking, Park, Preserve/Public Land
Property / Structure Info
Interior Features
  • Appliances: Electric Oven, Electric Cooktop, Electric Water Heater, Microwave
  • Equipment: Microwave, None
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Water Heater Features: Electric
  • Water Heater Type: Electric
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Electric, Wall/Window Unit(s)
  • Heating Type: Electric
  • Heat Source: Electric
  • Heating: Electric
  • Flooring: Tile, Wood
Exterior Features
  • Entry Location: 1
  • Property Condition: Turnkey
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Conventional Septic
  • Sewer/Septic: Septic Installed
  • Utilities: Electricity Available, Electricity Connected, Sewer Not Available, Water Connected
  • Electric: Electricity Available, Electricity Connected, Sewer Not Available, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,260
  • Unit Type Total Rent: $1,260
  • Unit Type Pro Forma: 1260
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,260
  • Unit Type Total Rent: $1,260
  • Unit Type Pro Forma: 1260
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,260
  • Unit Type Total Rent: $1,260
  • Unit Type Pro Forma: 1260
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0
  • Number With Range: 4
  • Number With Patio: 4
  • Number Wall AC: 4

Property History for 9316 Thompson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9316 Thompson Avenue

Taxable ValueLand$148,687Additions$36,694Total$185,381
Tax Record2024$2,936 ($245 / month)
Home Facts
Total Finished SqFt1,120 SqFtAbove Grade Finished SqFt1,120 SqFtLot Size10,979 SqFtStyleDuplexYear Built1924ZoningLCR16000*CountyLOS ANGELESAPN2007-009-041

Schools near 9316 Thompson Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Justice Street Elementary
Charter - K to 5
George Ellery Hale Charter Academy
Charter - 6 to 8
Ernest Lawrence Middle School
Public - 6 to 8
El Camino Real Senior High School
Charter - 9 to 12
Rating
School
Distance
Justice Street Elementary
CharterK to 5

George Ellery Hale Charter Academy
Charter6 to 8

Ernest Lawrence Middle School
Public6 to 8

El Camino Real Senior High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 9316 Thompson Avenue, Chatsworth, CA 91311

9316 Thompson Avenue is a multi-family home for sale in Chatsworth, CA 91311. This property was listed for sale on August 20, 2024 by Pinnacle Real Estate Group, it's currently listed at $890,000. It has been on the market for a total of 177 days and was last sold on March 10, 2010. This listing's school district is Los Angeles Unified School District. Nearby schools include Justice Street Elementary, George Ellery Hale Charter Academy and Ernest Lawrence Middle School. 9316 Thompson Avenue is a 4-bed, 4-bath, 1,120 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pinnacle Real Estate Group, Yunjiao Guan, DRE #02123617; Pinnacle Real Estate Group, DAOMING WANG, DRE #02032969

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.