
Granada Hills, California 91344
This High-Potential Value-Add Asset is listed at $1,300,000, representing a strategic acquisition in a high-demand Granada Hills corridor. While positioned above the $1,126,180 Fair Market Value, the price reflects the rare 20,049 Square Foot Lot and exceptional ADU and Junior ADU Potential. Holding a Condition Rating of 5, the 2,441-square-foot interior serves as a blank canvas for a comprehensive rehabilitation. Supported by Top-Rated Schools including West Ranch High (10/10) and Robert Frost Middle (9/10), this property offers immense forced appreciation potential. It is an ideal project for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11323 Zelzah Subject | $1,300,000* List Price | 4 | 3 | 2,441 | $461 | - |
A 17420 Flanders Sold | $1,150,000 | 4 | 2 | 2,136 | $538 | 0.6 mi |
B 11811 Louise Avenue Sold | $1,150,000 | 4 | 3 | 2,208 | $521 | 0.9 mi |
C 17441 Mayflower Sold | $940,000 | 4 | 2 | 1,842 | $510 | 0.7 mi |
D 11800 Zelzah Avenue Sold | $1,320,000 | 3 | 2 | 2,263 | $583 | 0.7 mi |
E 11926 Rexbon Pending | $1,299,500 List Price | 4 | 3 | 2,459 | $528 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961 and off the market for over 50 years, this property likely retains original, severely outdated interior features. While the roof is new and termite work is complete, the listing's emphasis on 'potential' and 'imagination' for finishes, combined with visible deferred maintenance in the landscaping, indicates the home requires a comprehensive rehabilitation to meet current living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20049, living area = 2441.
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 massive 20,049 square foot lot provides an exceptional opportunity for expansion, specifically for the construction of an ADU and a junior ADU, significantly increasing the property's value.
Being on the market for the first time in 51 years, the home likely requires a full cosmetic overhaul and modernization to meet current market standards.
The property is currently tenant-occupied with a mid-June move-out date, which limits immediate possession and may complicate the initial showing process.
First time on the market in nearly 51 years!!! This single story home is located on almost half an acre lot that would be ideal of an ADU and even a junior ADU. This 4 bedrooms 2 1/2 baths with 2,441 sq ft has great bones and tons of potential. You can turn this property into truly one of a kind with your imagination and designer finishes. The roof has been replaced within the past year. All termite treatment and repairs have just been completed. Great location and proximity to the 118 freeway, shopping centers, and public transportation. Property is currently tenant occupied, PLEASE DO NOT DISTURB THE TENANTS!!! They are in the process of packing and will be moving out by June 15th. Contact listing agent for more details.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 1.8 mi
Grades K-5 • 2.2 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 | 2,441 | 1,926 | 78% |
| Lot Size | 20,049 | 8,402 | 90% |
| Price | $1.30M | $1.08M | 76% |
| Price per sq ft | $533 | $565 | 36% |
| Built year | 1961 | 1960 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 154 | 1% |
Apr 8, 2026
$1,300,000
Initial Listing