Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

22427 Plummer Street

Chatsworth, CA, 91311

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$2,800,000

MLS: SR25022551

Beds

5

Baths

6

Sq Ft

5,022

Lot

2.63 ac

Year Built

1945

MLS #

SR25022551

Days on Market

439

Listed

Feb 1, 2025

Description

Developers/Contractors.....Incredible development opportunity on one of the last remaining 2.6+ acre gated estates in Chatsworth. Full architectural plans and drawings are available to convert the existing "Carriage House" into a 2-bed, 2-bath, 1,200 sq ft ADU and add over 300 sq ft to the main home (permits from 2019 have expired). Whether you're looking to renovate, expand, or explore lot split potential (buyer to verify), this property offers unmatched flexibility. The main residence is ready for cosmetic updates, while the second structure—with its own address—presents an ideal rebuild opportunity. Designed by renowned architect Robert Byrd, the original home retains signature character and charm. Existing amenities include a lighted tennis/pickleball/basketball court, pool, three storage sheds, and a detached garage with a workshop. Nestled among mature oak trees, the grounds offer beauty, shade, and total privacy. Property profile designates use as a duplex. Endless potential for investors, builders, or end-users looking to create a custom compound or private estate. Water and Power are back on as of Aug 13th

Location

Chatsworth, Los Angeles County, CA 91311

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Listed by: Brian Grube · Coldwell Banker Realty

Payment estimate

$19,750

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $280,000 · Loan: $2,520,000

%
Principal & Interest
$15,483
Property tax (1.25%)
$2,917
Homeowners insurance
$300
Mortgage insurance
$1,050
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Chatsworth home with as little as 3.5% down using an FHA loan — roughly $98,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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