11158 Newcastle Avenue, Granada Hills, California 91344, Granada Hills, 91344 - 4 bed, 3 bath
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Granada Hills, California 91344
This Versatile Multi-Generational Residence is a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,206,554 Fair Market Value by 8%. This valuation gap offers $106,554 in Instant Equity. Holding a Condition Rating of 4, the property features a City Lights View and a massive 19,761 sqft Lot with significant ADU potential. Located within a premier district featuring 10/10 Rated Schools like West Ranch High, it balances lifestyle perks with high rental upside. This is an ideal match for Value-Add Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11158 Newcastle Avenue Subject | $1,100,000* List Price | 4 | 3 | 2,312 | $522 | - |
A 17439 Donmetz Street Sold | $1,225,000 | 4 | 3 | 2,080 | $589 | 0.7 mi |
B 11800 Zelzah Avenue Sold | $1,320,000 | 3 | 2 | 2,263 | $583 | 0.9 mi |
C 17441 Mayflower Sold | $940,000 | 4 | 2 | 1,842 | $510 | 1.0 mi |
D 17420 Flanders Sold | $1,150,000 | 4 | 2 | 2,136 | $538 | 0.9 mi |
E 11926 Rexbon Pending | $1,299,500 List Price | 4 | 3 | 2,459 | $528 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, the property shows partial cosmetic updates including newer laminate flooring, recessed lighting, and a modernized fireplace surround. However, the kitchen cabinetry and bathrooms appear dated, and the listing description specifically highlights 'value-add potential' and 'upside,' indicating a need for further modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19761, living area = 2312.
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 massive 19,761 square foot lot, providing rare and significant space for potential expansion, landscaping, or the addition of an Accessory Dwelling Unit (ADU).
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =19761, other record lot size in square feet = 20052.
The description's emphasis on 'value-add potential' and 'bring all offers' suggests the home may require immediate capital investment for repairs or modernization.
The significant price drop from the previous $1.225M sale price in 2023 may indicate a shift in local market demand or specific property conditions that buyers should investigate.
Motivated seller exceptional opportunity in Granada Hills with strong income and multi-use potential. Flexible layout ideal for multi-generational living, co-living, or rental strategies. Offers value-add potential and excellent upside. Convenient location near shopping, dining, and freeways. Priced to sell bring all offers
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 2.0 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 2,312 | 1,926 | 73% |
| Lot Size | 19,761 | 8,402 | 90% |
| Price | $1.10M | $1.08M | 50% |
| Price per sq ft | $476 | $565 | 17% |
| Built year | 1980 | 1960 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 154 | 1% |
Apr 12, 2026
$1,100,000
Initial Listing
Jul 14, 2023
$1,225,000
Public Record
Sep 14, 2018
$724,500
Public Record
May 10, 2018
$570,000
Public Record
Oct 26, 2012
$400,000
Public Record
Feb 13, 2004
$545,000
Public Record