$699,000
●
Land -
For Sale
501 Thompson Avenue
Chatsworth, CA 91311
Studio
0 Bath
$3,433
Est. Monthly
About This Property
Incredible Opportunity!! Do not miss out on this incredible
opportunity to build your dream home on this private fully graded
lot. Seller has spent hundreds of thousands of dollars in the
improvements and this lot is now ready to build your ultimate dream
home. Fully compacted, brand new septic system has been
installed, full plans for a custom villa and a separate ADU.
This has been years in the making and the new buyer just has
to pay for the permits and start the building. Secluded
Chatsworth neighborhood with beautiful VIEWS of the valley yet
minutes to the Village in Woodland Hills and the Vineyards in
Porter Ranch. Over 2 acres of just peace and quite and
nothing but nature.
Unit Size
-
Days on Market
129 days
Land Size
2.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #SR26137856)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 24, 2026 | Listed by Pinnacle Estate Properties | $699,000 | |
| Listed by Pinnacle Estate Properties | |||
| Apr 7, 2025 | Listed | $699,950 | |
| Listed | |||
| | |||
|
Incredible Opportunity!! Do not miss out on this incredible opportunity to build your dream home on this private fully graded lot. Seller has spent hundreds of thousands of dollars in the improvements and this lot is now ready to build your ultimate dream home. Fully compacted, brand new septic system has been installed, full plans for a custom villa and a separate ADU. This has been years in the making and the new buyer just has to pay for the permits and start the building. Secluded Chatsworth neighborhood with beautiful VIEWS of the valley yet minutes to the Village in Woodland Hills and the Vineyards in Porter Ranch. Over 2 acres of just peace and quite and nothing but nature.
| |||
Property Highlights
With View
Exterior Details
Lot Features: TwoToFiveUnitsAcre, HorseProperty, LotOver40000Sqft
Lot Size Area: 91476
Lot Size Units: Square Feet
Lot Size Acres: 2.1
Lot Size Square Feet: 91476
Tax Lot: 2
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ventura
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Currently no similar homes aroundNearby Rentals
Listed by: Gary Keshishyan, Pinnacle Estate Properties
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SR26137856
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SR26137856
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