Property listed by Beverly and Company, Inc., Aram Bidkhanian 818-516-1783
$949,999
Welcome to 512 N Lazard Street, San Fernando, CA 91340—an exceptional investment opportunity offering multiple income streams, expansion potential, and the flexibility that today's investors and owner-occupants are seeking. The property features a beautifully remodeled main residence offering approximately 1,330 square feet of living space with 3 bedrooms and 1… Read More updated bathroom. The open-concept layout, modern finishes, and extensive upgrades create a move-in-ready home that is both attractive to tenants and comfortable for owner-occupants. A major highlight of the property is the fully permitted JADU, with it's own separate address as 512A offering approximately 499 square feet of remodeled living space complete with 1 bedroom and 1 bathroom. Whether utilized as a long-term rental, guest quarters, multi-generational living space, or home office, this additional unit provides immediate flexibility and income-producing potential. For investors looking to maximize returns, the expansive lot presents exciting possibilities. The generous backyard may offer the opportunity to add an additional ADU, up to 3 bedroom 2 bath with a potential $3500 rent creating the potential for three separate living spaces on one property (buyer to independently verify with the City of San Fernando). With the increasing demand for rental housing and multi-unit living arrangements throughout the San Fernando Valley, properties with existing ADUs and future development potential are becoming increasingly difficult to find. This unique property is ideal for investors seeking cash-flow opportunities, homeowners looking to offset their mortgage with rental income, or buyers interested in creating a multi-generational compound. The combination of a remodeled primary residence, a permitted JADU, and possible future ADU expansion provides a rare opportunity to build long-term value while generating income. Conveniently located near shopping, dining, schools, parks, public transportation, and major commuter routes, this property offers both strong rental appeal and future growth potential. Don't miss this rare chance to acquire a versatile income-producing property with existing ADU benefits and the possibility for further expansion in one of San Fernando's most desirable and centrally located neighborhoods.
Buyer to independently verify all information, including square footage, bedroom and bathroom count, permits, zoning, and the feasibility of future ADU development. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
SingleFamilyResidence
Beds
4
Full Baths
2
Square Ft.
1,829
Lot Size
0.18 Acres
Year Built
1951
MLS Number
BB26123662
Additional Details
Appliances & Equipment
Disposal, GasOven, Refrigerator
Building
Built in 1951, Living area: 1829.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: First Floor
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.
