
Lakeview Terrace, California 91342
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $995,000—positioned well below the $1,019,696 Fair Market Value by 2%. This valuation gap offers $24,696 in Instant Equity. Featuring a Mint Condition Rating, the home includes a Chef’s Kitchen, Resort-Style Pool, and a converted garage for flexible living. Located in the Los Angeles Unified district, this property is an ideal sanctuary for Owner-Occupants or discerning buyers seeking a fully upgraded, move-in-ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11637 Prager Subject | $995,000* List Price | 3 | 3 | 1,462 | $697 | - |
A 12117 Van Nuys Sold | $825,000 | 4 | 3 | 1,326 | $622 | 0.2 mi |
B 11625 Gladstone Avenue Active | $820,000 List Price | 3 | 2 | 1,188 | $690 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end renovation within the last 5 years, qualifying it as a true turnkey home. The kitchen and bathrooms feature modern designer finishes and premium appliances. Additionally, all major systems including HVAC, electrical, plumbing, and the roof have been fully upgraded, meeting the criteria for mint condition with no deferred maintenance.
The property has undergone an extensive 'studs-out' remodel including new roofing, HVAC, plumbing, and electrical systems, offering a maintenance-free, move-in-ready experience with high-end designer finishes.
Situated on a generous 9,609 sqft lot, the backyard features a newly installed pool, professional landscaping, and preliminary ADU plans, providing significant lifestyle appeal and future investment value.
The converted garage provides a flexible guest suite or media room, while the property offers the rare opportunity to expand the main structure by an additional 500 square feet.
The conversion of the garage into living space eliminates covered parking and traditional workshop storage, which may be a drawback for buyers with multiple vehicles or specific storage needs.
Despite its location in the Sylmar Hills area, the property lacks the elevated or panoramic views often expected by buyers looking in this specific hillside neighborhood.
This is the kind of home that rarely comes to market — a true turnkey property where the homeowner spared absolutely no expense and went all out on every detail. Located in the highly desirable Sylmar Hills / Lake View Terrace area, this fully gated residence offers exceptional privacy, security, and an impressive list of high-quality upgrades throughout. Featuring 3 bedrooms and 2 fully remodeled bathrooms, the home has been extensively renovated from the inside out with modern finishes, designer touches, and quality craftsmanship at every turn. The open-concept layout offers spacious living areas, a cozy fireplace, dedicated laundry room, and a beautifully updated chef’s kitchen with granite countertops, custom cabinetry, and premium finishes. Virtually every major component of the home has been upgraded, including the roof, HVAC system, plumbing, electrical, drywall, laminate flooring, paint, landscaping, hardscaping, and more — creating a truly move-in-ready experience with peace of mind for years to come. The garage has been thoughtfully converted into an additional family room and full bathroom, creating the perfect setup for guest quarters, extended family, a media room, or flexible bonus living space, while still offering the flexibility to be converted back into a traditional garage if desired by the new owner. There is also potential to expand by approximately 500 additional square feet. Step outside into an entertainer’s dream backyard featuring a newly added resort-style pool, expansive patio areas, lush landscaping, updated hardscape, and multiple spaces designed for relaxing and entertaining. The homeowner also has preliminary ADU plans for the backyard, adding tremendous future potential and value. Conveniently located near Fenton Avenue Charter Schools, major freeways, shopping centers, parks, Hansen Dam Recreation Area, and two nearby golf courses, this property offers the perfect blend of luxury, functionality, and family living. A rare opportunity to own a fully upgraded, turnkey home with incredible flexibility and future upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 1,462 | 1,575 | 41% |
| Lot Size | 9,609 | 8,036 | 64% |
| Price | $995.0K | $825.0K | 80% |
| Price per sq ft | $681 | $547 | 75% |
| Built year | 1965 | 1960 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 151 | 1% |
May 26, 2026
$995,000
Initial Listing
Aug 17, 2021
$680,000
Public Record
Jun 19, 2014
$389,000
Public Record