
Granada Hills, California 91344
This property presents a High-Potential Investment Opportunity with a List Price of $1,050,000—positioned well above the $875,609 Fair Market Value by -19%. Featuring a 3 Bd / 2 Ba main house, a permitted 1-bedroom ADU, and an additional garage unit, this Multi-Unit Asset offers significant rental income potential. With a 10,139 Sq Ft lot and proximity to top-rated schools like Mayall Street Elementary and Robert Frost Middle, it is ideal for Buy-and-Hold Investors or multi-generational families seeking flexible living arrangements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10537 Encino Ave Subject | $1,050,000* List Price | 3 | 2 | 2,068 | $423 | - |
A 10314 Encino Sold | $1,100,000 | 4 | 2 | 2,191 | $502 | 0.3 mi |
B 18076 Tulsa Street Sold | $1,045,000 | 3 | 2 | 1,798 | $581 | 0.8 mi |
C 10637 Yarmouth Sold | $1,060,000 | 3 | 2 | 1,864 | $569 | 0.4 mi |
D 11140 White Oak Avenue Sold | $950,000 | 3 | 2 | 1,660 | $572 | 0.8 mi |
E 17733 Los Alimos Sold | $1,020,000 | 4 | 3 | 1,581 | $645 | 0.4 mi |
F 11050 Lindley Avenue Sold | $1,060,000 | 4 | 3 | 2,151 | $493 | 0.9 mi |
G 17442 Horace Street Sold | $1,000,000 | 3 | 3 | 1,984 | $504 | 0.5 mi |
H 10622 Zelzah Avenue Active Under Contract | $879,990 List Price | 4 | 2 | 1,867 | $471 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this 78-year-old property is well beyond the 20-year threshold for 'Fair' condition. While the listing mentions an open floor plan and a permitted ADU, the lack of specific mentions regarding recent kitchen, bath, or system upgrades suggests the home is dated and likely requires cosmetic updates and minor repairs to systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10139, living area = 2068.
Elementary School: Mayall Street Elementary School (9/10). Middle School: Robert Frost Middle School (9/10). High School: West Ranch High School (10/10).
The property features a main 3-bedroom house, a permitted 1-bedroom ADU, and an additional unit above the garage, offering exceptional rental income potential or multi-generational living options.
Built in 1948, the home may require updates to its core infrastructure, such as plumbing, electrical, or roofing, to meet modern standards and buyer expectations.
The presence of three separate living units on one parcel may lead to privacy concerns and increased wear and tear on shared outdoor spaces and utilities.
This property consists of a 3 Bd / 2 Ba house in front with an open floor plan. There is a 1 bedroom permitted ADU in the back yard with more room to expand. There is a small unit at the top of the garage for a single occupant. The lot is about 10,000 Sq Ft so there is room to add another ADU. Perfect for a big family with the in laws all living in the same place.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.7 |
| Square foot | 2,068 | 1,947.941 |
| Lot Size | 10,139 | 9,367.647 |
| Price | $1.05M | $1.03M |
| Price per sq ft | $508 | $553 |
| Built year | 1948 | 1960 |
| HOA | $0 | $316 |
| Days on market | 23 | 56 |
Aug 17, 2026
$1,050,000
Initial Listing
Apr 14, 2010
$390,000
Public Record
Dec 18, 2006
$630,000
Public Record