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Listed by Aram Bidkhanian • Beverly and Company, Inc.
$ 949,999
Est. payment /mo
New
512 North Lazard San Fernando, CA 91340
4 Beds
2 Baths
1,829 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,829 sqft
Price per Sqft $519
MLS Listing ID BB-26123662
Bedrooms 4
Full Baths 2
Year Built 1951
Lot Size 7,671 Sqft
Property Sub-Type Single Family Residence
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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 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.
Buyer to independently verify all information, including square footage, bedroom and bathroom count, permits, zoning, and the feasibility of future ADU development.
Location
State CA
County Los Angeles
Area Sf - San Fernando
Zoning SFR1*
Interior
Interior Features Remodeled Kitchen
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type Living Room
Laundry In Kitchen
Exterior
Pool None
Community Features Curbs, Park
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
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