
Los Angeles, California 91367
Analysis of 22522 Clarendon, Los Angeles, California 91367 is currently available with a list price of $1,795,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations including a brand new roof, new HVAC system, and updated flooring. The kitchen features modern stainless steel appliances and contemporary cabinetry, while the addition of a brand new 3-car garage within the last year confirms the mint, move-in ready condition.
The massive 12,420 sq. ft. flat lot includes a newly constructed 3-car garage already pre-plumbed for ADU conversion, offering a streamlined path to increasing density and rental income.
Featuring two detached single-family homes on a single gated lot, this property provides immediate cash flow and versatile options for multi-generational living or owner-occupancy with a rental offset.
The front residence is move-in ready with high-value improvements including a brand new roof, new HVAC system, and updated interiors, significantly reducing near-term capital expenditure for the buyer.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12420, other record lot size in square feet = 23938.
The back unit is currently tenant-occupied, which may limit immediate owner-occupancy options and requires the buyer to navigate Los Angeles rent stabilization and tenant rights regulations.
Despite recent updates, the original 1947 construction may harbor aged underlying systems or structural elements typical of older properties that could require future maintenance or remediation.
Income Property & Prime Development Opportunity in Woodland Hills! Welcome to 22522 & 22524 Clarendon Street—a highly desirable and fully gated income-producing compound featuring two detached single-family homes on a sprawling, flat 12,420 sq. ft. lot. Accessible via a wide rear alley and secured by a recently installed iron fence and gate, this property offers incredible immediate cash flow along with massive upside for ADU conversion and future expansion. The Front House (22522 Clarendon): Beautifully updated, this 1,125 sq. ft. home offers 2 bedrooms and 2.5 bathrooms. It boasts extensive recent upgrades, including a brand new roof, new HVAC system, new flooring, fresh paint, and modern recessed lighting. This turnkey unit is ready to lease at projected market rents of 3,500 to 3,500 to 3,900/month, or it serves as a perfect owner-user home. The Back House (22524 Clarendon): Offering 1,152 sq. ft. of comfortable living space, the back home features 2 bedrooms and 2 bathrooms, plus a newly built separate storage structure that serves as a dedicated laundry area. This unit is currently tenant-occupied at $2,800/month (with immediate room for a 5% increase), providing steady income from day one. Unmatched ADU & Development Upside: A major highlight of this property is the newly constructed, 600 sq. ft. 3-car garage (a $135,000 investment built just one year ago). The groundwork has already been laid for an incredibly low-cost ADU conversion—plumbing connections are already routed! Transform this structure into a lucrative 1-2 bedroom / 2-bath ADU to maximize your cap rate. Additionally, the massive 12,420 sq. ft. lot provides ample remaining space to build another unit or extend the existing homes. Whether you are an investor looking to capitalize on existing cash flow with a clear path to high-yield value-add, or a buyer looking to live in one home and rent the other, this property is a rare find. Properties with this level of structural upgrades, alley access, and pre-plumbed ADU potential do not last long. (Buyer to independently verify all square footage, lot size, zoning, rent control laws, and development/ADU potential with the city.)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.6 |
| Baths | 5.0 | 3.0 |
| Square foot | 2,884 | 2,187.451 |
| Lot Size | 12,420 | 5,841.385 |
| Price | $1.79M | $841.5K |
| Price per sq ft | $622 | $385 |
| Built year | 1947 | 1928 |
| HOA | $0 | $0 |
| Days on market | 46 | 85 |
Jul 25, 2026
$1,795,000
Initial Listing