
North Hills, California 91343
This Value-Add Residential Asset is listed at $879,000, representing a strategic entry into the Granada Hills market near its $821,289 Fair Market Value. While the property holds a Condition Rating of 4 due to its dated 1950s interior, it offers immense upside through a permitted garage addition and a light-filled sunroom. Situated just 0.2 miles from the 9/10-rated Vintage Magnet School, the home combines long-term educational value with immediate ADU potential on a generous 7,818 sq. ft. lot. This is an ideal opportunity for Owner-Occupants looking to build equity or Buy-and-Hold Investors seeking a multi-unit conversion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10125 Gloria Avenue Subject | $879,000* List Price | 3 | 2 | 1,243 | $661 | - |
A 10600 Dempsey Sold | $730,000 | 3 | 2 | 1,247 | $585 | 0.6 mi |
B 10520 Haskell Avenue Sold | $788,000 | 3 | 2 | 1,211 | $651 | 0.6 mi |
C 16053 Devonshire Street Sold | $875,000 | 3 | 2 | 1,448 | $604 | 0.3 mi |
D 16012 Los Alimos Sold | $855,000 | 3 | 2 | 1,264 | $676 | 0.7 mi |
E 10342 Haskell Sold | $755,000 | 3 | 2 | 1,168 | $646 | 0.4 mi |
F 16038 Devonshire Street Active | $839,950 List Price | 3 | 2 | 1,445 | $581 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953 and maintained by the same owner for 50 years, the home is in clean, functional condition but is significantly dated. The interior features older wall-to-wall carpeting, vintage kitchen cabinetry, and aged light fixtures. While it benefits from dual-pane windows and a well-kept exterior, it requires a comprehensive cosmetic overhaul to meet modern aesthetic and feature standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7818, living area = 1243.
Elementary School: Mayall Street Elementary School (9/10).
The property features a significant expanded addition off the detached garage and a versatile sunroom, providing a prime opportunity to develop an ADU, guest suite, or income-generating rental.
Having been maintained by the same owners for 50 years, the home likely requires a full cosmetic overhaul to replace 1950s-era finishes and meet modern buyer expectations.
At 1,243 square feet for a three-bedroom residence, the interior footprint is relatively small, which may result in tighter bedroom dimensions and limited common living space.
Opportunity Knocks! This sweet single-story home offers the perfect canvas for buyers looking to create their dream space or invest in future potential. Lovingly maintained over the last 50 years, this home is ready for its next chapter, with the true standout feature being the expanded addition off the 2-car garage--presenting a fantastic opportunity for a potential ADU, guest suite, home office, or income-producing space. Inside, the home features a sunroom just off the living room, adding flexible bonus space filled with natural light and endless possibilities. Additional highlights include dual pane windows creating a great foundation for comfortable everyday living and future enhancement. The backyard offers a covered patio and two large sheds for extra storage. A long, extended driveway provides ample parking, ideal for multiple vehicles, recreational toys, or hosting guests with ease. With solid bones and an incredible amount of opportunity, this property is a rare chance to customize, expand, and add value in a meaningful way. Located in the heart of North Hills, this home offers convenient access to the 405, 118, and 5 freeways, making commuting throughout the San Fernando Valley and beyond a breeze. Enjoy proximity to CSUN, Sepulveda Basin Recreation Area, local parks, shopping centers, dining options, and everyday essentials, all just minutes away. Whether you're looking to invest, expand, or create your forever home, this location supports both lifestyle and long-term value.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.9 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 38% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,243 | 1,919 | 5% |
| Lot Size | 7,818 | 8,397 | 40% |
| Price | $879.0K | $1.07M | 21% |
| Price per sq ft | $707 | $565 | 89% |
| Built year | 1953 | 1960 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 155 | 2% |
Mar 19, 2026
$879,000
Initial Listing