11531 Vimy, Granada Hills, California 91344, Granada Hills, 91344 - 2 bed, 1 bath

11531 Vimy
Granada Hills, California 91344
Property Price
SUMMARY
Analysis of 11531 Vimy, Granada Hills, California 91344 is currently available with a list price of $1,000,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Granada Hills Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property is explicitly marketed as a 'complete fixer / tear-down' being sold for land value. Built in 1948 with no significant renovations, the structure is in unlivable condition and does not qualify for traditional financing, with the listing focusing entirely on the redevelopment potential of the nearly one-acre lot.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 41012, living area = 1460.
- Great Schools
Elementary School: Mayall Street Elementary School (9/10). Middle School: Robert Frost Middle School (9/10). High School: West Ranch High School (10/10).
- Expansive Development Potential
Spanning nearly one acre across two APNs, this rare 41,012-square-foot lot offers a massive canvas for builders to create a custom luxury estate or a multi-structure compound in a prime location.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =41012, other record lot size in square feet = 18930.
- Poor Structural Condition
The existing structure is a complete tear-down being sold for land value only, requiring the buyer to manage the significant costs and logistics of demolition and debris removal.
- Restricted Financing Options
Due to its 'as-is' fixer condition, the property does not qualify for traditional financing, limiting the buyer pool strictly to those with cash or private/hard money.
About 11531 Vimy
Discover a rare investment and development opportunity in highly sought-after Granada Hills. Located north of Rinaldi on an expansive, nearly 1-acre lot, this exceptional property offers endless possibilities for builders, developers, and visionaries looking to create something truly special. Comprised of two APNs totaling approximately 41,012 square feet, this unique offering provides the space and setting to design and build a custom dream estate with sweeping, panoramic views of the San Fernando Valley. The elevated vantage point captures the beauty of the valley below—an increasingly rare find with this kind of lot size and view potential. The property currently features a 2-bedroom, 1-bath home and a detached garage. This is a complete fixer / tear-down being sold for “Land Value”, presenting a prime opportunity for redevelopment. Whether you envision a luxury estate, expanded compound, or investment project, the canvas is yours to create. Situated within the highly desirable Granada Hills Charter High School district, the location further enhances long-term value and appeal. The property is being sold completely As-Is, with no repairs or credits. All contents and items currently on the property will remain; buyer to remove and/or dispose. Due to condition, cash or private/hard money only—traditional financing will not qualify. Large parcels with panoramic views in this prime location rarely become available. Don’t miss this extraordinary chance to build, invest, and capitalize on one of Granada Hills’ most unique offerings—seize the opportunity and bring your vision to life today.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 41,012 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Granada Hills Unified Schools
Andasol Avenue Elementary School
Grades K-5 • 1.8 mi
Tulsa Street Elementary School
Grades K-5 • 1.9 mi
Mayall Street Elementary School
Grades K-5 • 2.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 3% |
| Baths | 1.0 | 2.0 | 1% |
| Square foot | 1,460 | 1,932.5 | 21% |
| Lot Size | 41,012 | 8,403 | 98% |
| Price | $1.00M | $1.03M | 49% |
| Price per sq ft | $685 | $564 | 89% |
| Built year | 1948 | 1960 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 164 | 1% |
Pricing History
Listed for Sale
Mar 5, 2026
$1,000,000
Initial Listing



























