
Granada Hills, California 91344
This Value-Add Residential Asset is listed at $850,000, positioned near its $820,113 Fair Market Value. Currently holding a Condition Score of 5, the property serves as a blank canvas requiring substantial rehabilitation to meet modern market standards. Key highlights include a generous 8,530 Sq Ft Lot, Paid-Off Solar Panels, and a Private Patio, all located within the elite West Ranch High School district. This project offers significant forced appreciation potential for Fix-and-Flip Investors or Contractors looking to capitalize on a prime Granada Hills location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11633 Balboa Subject | $834,950* List Price | 4 | 3 | 1,624 | $501 | - |
A 17149 Donmetz Sold | $740,000 | 4 | 2 | 1,388 | $533 | 0.6 mi |
B 11741 Odessa Avenue Sold | $970,000 | 4 | 2 | 1,570 | $618 | 0.7 mi |
C 17133 Lorillard Street Sold | $1,040,000 | 4 | 2 | 1,635 | $636 | 0.3 mi |
D 16738 Index Sold | $790,000 | 4 | 2 | 1,325 | $596 | 0.6 mi |
E 12182 Bradford Sold | $775,000 | 4 | 2 | 1,912 | $405 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962, the property appears to be in mostly original condition and is marketed as a 'canvas ready to be reimagined.' The kitchen features dated wood cabinetry, laminate countertops, and older appliances, while the bathrooms retain original 1960s tiling and fixtures. With popcorn ceilings, aged carpeting, and a lack of modern updates over the last 50+ years, the home requires substantial rehabilitation and modernization to meet current market standards, despite the addition of solar panels.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8530, living area = 1624.
Elementary School: Mayall Street Elementary School (9/10). Middle School: Robert Frost Middle School (9/10). High School: West Ranch High School (10/10).
Situated in a highly coveted pocket north of Rinaldi St, the property offers access to top-rated schools like Robert Frost Middle and Mayall Street Elementary, significantly bolstering its long-term value.
Built in 1962 and marketed as needing 'vision and updates,' the home likely requires a substantial capital investment to modernize the living spaces and systems.
The property features a 2-car carport rather than a traditional enclosed garage, which may be a drawback for buyers seeking maximum security and enclosed storage.
A wonderful opportunity awaits in one of Granada Hills' most coveted neighborhoods north of Rinaldi Street! This 1,624-square-foot home sits on a generous 8,530-square-foot lot and offers four bedrooms and 2.5 bathrooms, providing an ideal canvas ready to be reimagined to reflect your personal vision and style. Built in 1962, this property boasts fantastic bones and incredible potential. The home features a private, fenced front yard set back from Balboa Boulevard, offering a peaceful retreat from the busy street. Alley access leads to a spacious two-car carport, providing excellent parking and storage solutions. A major highlight is the fully paid-off solar panels, delivering immediate savings and eco-friendly efficiency. The location truly shines—you're moments from beautiful parks, highly rated schools, diverse dining options, and convenient shopping. This sought-after Granada Hills pocket offers the perfect blend of suburban tranquility and urban accessibility. This is your chance to create something spectacular in a prime location. With some vision and updates, this property can be transformed into your dream home or a stunning investment. Don't miss this rare opportunity in one of the Valley's most desirable communities!
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.7 mi
Grades K-5 • 1.7 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 | 1,624 | 1,912 | 36% |
| Lot Size | 8,530 | 8,402 | 54% |
| Price | $835.0K | $1.07M | 13% |
| Price per sq ft | $514 | $565 | 30% |
| Built year | 1962 | 1960 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 154 | 8% |
Apr 10, 2026
$834,950
$850,000
-2% Price Drop
Initial Listing
Feb 23, 2026
$850,000
Initial Listing
Jan 27, 2022
$890,000
Public Record
Jun 12, 1998
$180,000
Public Record