
Granada Hills, California 91344
This Value-Add Residential Asset presents a Strong Value Opportunity with a List Price of $1,099,000—positioned well below the $1,180,145 Fair Market Value by 6%. This valuation gap offers $81,145 in Instant Equity for buyers prepared to rehabilitate this Condition Score 5 property. The 3,070 sqft residence sits on an expansive 13,324 sqft lot featuring a private pool, patio, and significant ADU potential. Located near top-rated schools like Robert Frost Middle, this is an ideal acquisition for Fix-and-Flip Investors or Value-Add Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11128 Valjean Avenue Subject | $1,099,000* List Price | 5 | 4 | 3,070 | $387 | - |
A 11831 Gothic Sold | $861,500 | 3 | 2 | 1,974 | $436 | 0.9 mi |
B 11255 Dempsey Sold | $1,100,000 | 6 | 5 | 3,554 | $310 | 0.6 mi |
C 15622 Index Street Sold | $815,000 | 4 | 3 | 1,948 | $418 | 0.9 mi |
D 15850 Kalisher Street Active | $1,150,000 List Price | 5 | 5 | 3,327 | $346 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955, this property is explicitly marketed as a renovation project or 'blank canvas' for investors and developers. The listing details highlight deferred maintenance and the need for substantial capital investment to address aging infrastructure and dated interiors, indicating that major systems and living areas require significant rehabilitation.
The massive 13,324 sq. ft. lot provides significant space for a custom outdoor oasis or potential ADU development, offering rare flexibility and land value in Granada Hills.
With 5 bedrooms, 4 bathrooms, and over 3,000 sq. ft. of interior space, the property offers a generous footprint that is ideal for large families or multi-generational living.
Positioned as a 'blank canvas,' this property presents a prime opportunity for investors or developers to build significant equity through strategic renovations and modernization.
The property is marketed as a project for those with vision, implying that it likely requires a substantial capital investment to address dated interiors and deferred maintenance.
Built in 1955, the home may require costly upgrades to major systems such as plumbing, electrical, and HVAC to meet modern building codes and efficiency standards.
Set on an expansive approx. 13,324 sq. ft. lot in Granada Hills, this 5 bedroom, 4 bath property presents a rare opportunity to create something truly special. The generous lot size opens the door to endless possibilities expand the existing home, design a custom outdoor oasis around the pool, or explore ADU potential (buyer to verify). With its substantial footprint and flexible layout, the property is an ideal canvas for those looking to renovate or build value.Whether you're an investor, developer, or end-user with vision, this is your chance to transform a well-located property into a standout residence.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 83% |
| Baths | 4.0 | 2.0 | 87% |
| Square foot | 3,070 | 1,899.5 | 90% |
| Lot Size | 13,324 | 8,310 | 80% |
| Price | $1.10M | $1.05M | 54% |
| Price per sq ft | $358 | $565 | 3% |
| Built year | 1955 | 1960 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 123 | 6% |
Apr 15, 2026
$1,099,000
Initial Listing