REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,795,000

Est. payment - /mo

4 Beds

5 Baths

2,884 SqFt

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,884 sqft

Price per Sqft $622

MLS Listing ID SR26159934

Bedrooms 4

Full Baths 5

HOA Y/N No

Year Built 1947

Lot Size 0.285 Acres

Property Sub-Type Duplex

Property Description

Income Property & Prime Development Opportunity in Woodland Hills!

Welcome to 22522 & 22524 Clarendon Street—a highly desirable and fully gated income-producing compound featuring two detached single-family homes on a sprawling, flat 12,420 sq. ft. lot. Accessible via a wide rear alley and secured by a recently installed iron fence and gate, this property offers incredible immediate cash flow along with massive upside for ADU conversion and future expansion.

The Front House (22522 Clarendon): Beautifully updated, this 1,125 sq. ft. home offers 2 bedrooms and 2.5 bathrooms. It boasts extensive recent upgrades, including a brand new roof, new HVAC system, new flooring, fresh paint, and modern recessed lighting. This turnkey unit is ready to lease at projected market rents of 3,500 to 3,500 to 3,900/month, or it serves as a perfect owner-user home.

The Back House (22524 Clarendon): Offering 1,152 sq. ft. of comfortable living space, the back home features 2 bedrooms and 2 bathrooms, plus a newly built separate storage structure that serves as a dedicated laundry area. This unit is currently tenant-occupied at $2,800/month (with immediate room for a 5% increase), providing steady income from day one.

Unmatched ADU & Development Upside: A major highlight of this property is the newly constructed, 600 sq. ft. 3-car garage (a $135,000 investment built just one year ago). The groundwork has already been laid for an incredibly low-cost ADU conversion—plumbing connections are already routed! Transform this structure into a lucrative 1-2 bedroom / 2-bath ADU to maximize your cap rate. Additionally, the massive 12,420 sq. ft. lot provides ample remaining space to build another unit or extend the existing homes.

Whether you are an investor looking to capitalize on existing cash flow with a clear path to high-yield value-add, or a buyer looking to live in one home and rent the other, this property is a rare find. Properties with this level of structural upgrades, alley access, and pre-plumbed ADU potential do not last long.

(Buyer to independently verify all square footage, lot size, zoning, rent control laws, and development/ADU potential with the city.)

Location

State CA

County Los Angeles

Area 699 - Not Defined

Rooms

Main Level Bedrooms 4

Interior

Interior Features All Bedrooms Down, Jack and Jill Bath

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Suburban

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type Duplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2040025004

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, Cal Vet Loan, Fannie Mae

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, Cal Vet Loan, Fannie Mae

Special Listing Condition Standard

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Miguel Aguayo Custom Mtg Inc 310-709-6304, DRE #01455832

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

Get more info from a local expert!

Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches

Serving Arizona

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

22522 Clarendon Los Angeles, CA 91367