Description

Welcome to 512 N Lazard Street, San Fernando, CA 91340an 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, ho

Features