9322 FRANKLIN Street
Chatsworth, CA, 91311
$499,000
MLS: SR25218586
Beds
3
Baths
2
Sq Ft
1,710
Lot
0.38 ac
Year Built
1943
MLS #
SR25218586
Days on Market
195
Listed
Sep 17, 2025
Description
Ideal Family Compound or Incredible Development Opportunity located in Chatsworth Lake Manor (unincorporated LA county). This unique property presents a rare opportunity for development or creating a multi-generational family retreat. Spanning seven individual parcels, over 16,000sqft the land stretches from Franklin Street to Johnell Road and includes two homes, multiple structures, and established utility infrastructure. House #1: Originally permitted as a 1-bedroom, 1-bath home (currently configured as 2 bedrooms). The home requires significant repairs. The garage, included in the assessor’s square footage, has been converted into an unpermitted studio. Additionally, a gazebo on the property was converted into an unpermitted studio apartment. House #2: Permitted as a 1-bedroom, 1-bath home. Also in need of substantial repairs. Infrastructure Includes: Three septic systems, Main SCE electric meter at House #1, with two sub-meters servicing House #2 and the garage, Two separate Las Virgenes Water District meters, one for each house. With flexible layout potential and expansive land across multiple legal parcels, this property offers tremendous value for investors, builders, or families looking to create a private compound. Buyer to verify all permits, square footage, and zoning options.
Location
Chatsworth, Los Angeles County, CA 91311
Open on Google Maps ↗Listed by: Julliann Woods · Pinnacle Estate Properties, Inc.
Payment estimate
$3,766
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $49,900 · Loan: $449,100
- Principal & Interest
- $2,759
- Property tax (1.25%)
- $520
- Homeowners insurance
- $300
- Mortgage insurance
- $187
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 $17,465 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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