512 Lazard

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.

Open Houses

• Sat, Aug 29 · 7:00 PM – 12:00 AM

Property Details

Location

Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Provided By
Listed by Aram Bidkhanian (#BB41921)
Listing Office: Beverly and Company, Inc. (#BH5345739)