11646 Balboa, Granada Hills, California 91344, Granada Hills, 91344 - 3 bed, 2 bath
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Granada Hills, California 91344
This property presents a High-Potential Investment Opportunity with a List Price of $749,900—positioned well below the $726,737 Fair Market Value by -3%. Featuring a Condition Rating of 5, this fixer-upper offers significant upside through renovation and the potential for an ADU on its expansive 7,212 square foot lot. Located near top-rated schools like Robert Frost Middle School and Mayall Street Elementary, the asset provides a strategic foundation for value-add projects. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to unlock equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11646 Balboa Subject | $749,900* List Price | 3 | 2 | 1,337 | $544 | - |
A 17149 Donmetz Sold | $740,000 | 4 | 2 | 1,388 | $533 | 0.6 mi |
B 16738 Index Sold | $790,000 | 4 | 2 | 1,325 | $596 | 0.6 mi |
C 17206 Lahey Street Sold | $750,000 | 4 | 2 | 1,352 | $555 | 0.8 mi |
D 16757 Donmetz Sold | $820,000 | 4 | 2 | 1,352 | $607 | 0.6 mi |
E 11229 Mclennan Sold | $835,000 | 3 | 2 | 1,375 | $607 | 0.5 mi |
F 17158 Ludlow Active Under Contract | $699,900 List Price | 3 | 2 | 1,185 | $591 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 and explicitly marketed as a 'fixer' for investors and contractors. While there are some minor cosmetic updates like laminate flooring and a bathroom vanity top, the kitchen is dated, the exterior shows deferred maintenance (peeling eaves), and the listing indicates a need for significant rehab to unlock value.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7212, living area = 1337.
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 property features a generous 7,212 square foot lot with a detached two-car garage, offering a prime opportunity for an ADU addition or home expansion to maximize rental income or living space.
The residence is in 'fixer' condition and requires substantial work, which may pose challenges for traditional financing and necessitates an immediate, large renovation budget.
Located on Balboa Blvd, a major local artery, the property is subject to higher levels of street noise and traffic compared to homes on quieter interior residential streets.
1646 Balboa Blvd presents an exceptional opportunity in the heart of Granada Hills for investors, contractors, or buyers looking to create their dream home. This 3-bedroom, 2-bath residence offers approximately 1,337 square feet of living space situated on a spacious 7,212 square foot lot with a detached 2-car garage. The property is a fixer and needs work, but the large lot and functional layout provide tremendous potential for renovation, expansion, or the possible addition of an ADU for extended family or future rental income (buyer to verify). Conveniently located near shopping, dining, schools, and freeway access, this is a rare chance to unlock value in a highly desirable neighborhood. Bring your vision and make this property shine!
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.6 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 38% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,337 | 1,860 | 11% |
| Lot Size | 7,212 | 8,181 | 9% |
| Price | $749.9K | $1.04M | 4% |
| Price per sq ft | $561 | $562 | 49% |
| Built year | 1960 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 124 | 3% |
May 19, 2026
$749,900
Initial Listing
Dec 24, 1997
$156,000
Public Record