11542 Encino Avenue, Granada Hills, California 91344, Granada Hills, 91344 - 5 bed, 3 bath
11542 Encino Avenue
Granada Hills, California 91344
Property Price
SUMMARY
Analysis of 11542 Encino Avenue, Granada Hills, California 91344 reveals a property with a current list price of $1,800,000, which is 20% above the estimated $1,431,555 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property was built in 1964, making it 60 years old. The listing explicitly states it's a 'development opportunity' with 'RTI plans... to replace the current... home' with a new 7,000 sqft structure. The images provided are renderings of the proposed new construction, not the existing house. This indicates the current structure is considered obsolete and is intended for demolition, with the property's value lying in the land and redevelopment potential.
PROSSTRENGTHS & OPPORTUNITIES
- Ready-to-Issue Development Plans (RTI)
The property comes with 'RTI plans ready for issue' for a stunning 7,000 sqft, 3-story, 5-bedroom, 5.5-bathroom contemporary home, significantly streamlining and de-risking the development process.
- Expansive Prime Lot
A generous 17,887 sqft (approx. 0.41 acre) lot provides ample space for a large luxury residence, a poolside ADU, and extensive outdoor living areas in a desirable neighborhood.
- Desirable Location
Situated on a quiet cul-de-sac in one of Granada Hills' best neighborhoods, offering enhanced privacy, tranquility, and a prestigious address.
CONSRISKS & DEFICIENCIES
- Substantial Capital Investment Required
Beyond the purchase price, the buyer must be prepared for a significant financial outlay for the construction of the 7,000 sqft luxury home, which will be a multi-million dollar project.
- Major Construction Project Management
The buyer will need to undertake and manage a large-scale construction project, requiring considerable time, effort, and expertise in overseeing contractors and adhering to timelines.
- Existing Structure Demolition
The current 1964 home is slated for replacement, necessitating demolition costs and the inconvenience of not having an immediate move-in ready residence.
About 11542 Encino Avenue
Wonderful development opportunity on a quiet cul-de-sac on a prime 18,000 sf lot in one of Granada Hills' best neighborhoods. RTI plans are ready for issue to replace the current 2,264 sf single-story home with a stunning 7,000 sf, 3-story, 5-bedroom, 5 1/2-bathroom contemporary home that includes a basement, elevator, balconies, and stunning poolside ADU.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 17,887 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Granada Hills Unified Schools
Tulsa Street Elementary School
Grades K-5 • 1.5 mi
Andasol Avenue Elementary School
Grades K-5 • 1.8 mi
Mayall Street Elementary School
Grades K-5 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 82% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 2,264 | 1,961 | 68% |
| Lot Size | 17,887 | 8,482 | 85% |
| Price | $1.80M | $1.05M | 95% |
| Price per sq ft | $795 | $562 | 98% |
| Built year | 1964 | 1961 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 197 | 167 | 62% |
Pricing History
Listed for Sale
Aug 21, 2025
$1,800,000
Initial Listing