Off-Market Property at 16101 Lassen St, San Fernando, CA, 91343
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16101 Lassen St, San Fernando, CA, 91343

$1,098,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $299 per day and long-term for an average of $4,195 per month, based on similar listings in the area. Estimated short-term cap rate of -1.3%. Estimated long-term cap rate of -2.5%. Welcome to your dream home in the heart of a beautiful neighborhood! This stunning property offers the perfect blend of modern luxury and classic charm, boasting a complete remodel that leaves no detail untouched. Step inside this approximately 1300 square feet residence to discover a spacious layout featuring 3 bedrooms and 2 bathrooms. Every corner of this home has been meticulously upgraded, from the gleaming new kitchen with state-of-the-art appliances to the luxurious bathrooms exuding contemporary elegance. But the magic doesn't end there. This property also presents an exceptional addition - a brand new Accessory Dwelling Unit (ADU) spanning 900 square feet. This ADU features 2 bedrooms and 2 bathrooms, offering ample space for guests, extended family, or even rental income potential. Outside, the charm continues with meticulously landscaped surroundings and ample space for outdoor enjoyment. Whether you're hosting a barbecue with friends or simply unwinding after a long day, this backyard oasis provides the perfect setting. Located in a highly desirable neighborhood, this property offers not just a home, but a lifestyle. Enjoy the convenience of nearby amenities, top-rated schools, and easy access to transportation routes. Don't miss this rare opportunity to own a masterpiece of design and craftsmanship. Schedule your showing today and experience the epitome of modern living in this exquisite home with a bonus ADU.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$7649
Bedrooms
3
Bathrooms
2
SQFT
1,300
Furnished
unknown
Year built
1953
Listing Status
Off Market
MLS
PW24041181

Short-term Rental Potential
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$64,020

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$844

Price/SQFT

Long-term Rental Potential
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$50,340

Revenue
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Profit
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Cap rate
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Cash on Cash
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$4,195/mo

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