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Active

Duplex

22522 Clarendon

$1,795,000

Offered at

Los Angeles, CA 91367

Los Angeles County

Beds

Baths

2,884

Sq Ft

12,419

Lot Sq Ft

1947

Year Built

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… 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.)

Facts & Features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 5

Cooling

Cooling: Central Air

Appliances

Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside

Features

Has fireplace: No

Interior area

Total interior livable area: 2,884 sqft

Property

Parking

Total spaces: 2
Attached garage spaces: 2

Features

Stories: 1
Has private pool: No
Has view: No

Lot

Size: 0.29 Acres
Features: Zero To One Unit Acre

Details

Parcel number: 2040025004

Construction

Type & style

Home type: Residential
Property subtype: Duplex

Condition

Year built: 1947

Location

Mike Zwarg

Broker / Owner

951-528-0626
mike@mzhomes.us

Listing Office: Custom Mtg Inc · Listing Agent: Miguel Aguayo · 310-709-6304 · CRMLS

The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.

22522 Clarendon

Facts & Features

Location

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