512 N Lazard, SAN FERNANDO, CA 91340 : Hooman Real Estate Group

$919,999

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… Read More 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. Read Less

Courtesy of Beverly and Company, Inc. 818-382-4160

Listing Snapshot

Days Online

Last Updated

Jul 24, 2026

Property Type

Single Family Residence

Beds

Full Baths

Square Ft.

1,829

Lot Size

0.18 Acres

Year Built

1951

MLS Number

BB26123662MR

Additional Details

Appliances & Equipment

Oven-Gas, In Kitchen, Refrigerator

Building

1,829 sq ft, Built in 1951, Detached/No Common Walls

Community

Curbs, Park

Cooling

Central

Fence

Wood

Fireplaces

Living Room

Garage

0 total garage spaces

Water Features

Water: Public

Heating

Central

Home Owner's Association

Homeowner Dues: $0

Laundry

In Kitchen

Lot

LotAcreage: 0, LotSizeArea: 7,671, LotSizeDimensions: 7,671

Parking

CarportSpacesTotal: 0, TotalParking: 0

Pool

None

Property

EntryFloorNumber: 1, LandLeaseType: Fee, PropertySubType: Single Family Residence, ViewDescription: None, Zoning: SFR1*, Updated/Remodeled

Roof

Asbestos Shingle

Sewer

Public Sewer

Spa

None

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