12324 Jolette, Granada Hills, California 91344, Granada Hills, 91344 - 4 bed, 2 bath
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Granada Hills, California 91344
This property presents a High-Potential Investment Opportunity with a List Price of $899,950—positioned well below the $943,833 Fair Market Value by 4%. This valuation gap offers $43,883 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full interior rehab, yet the 11,890 sqft lot and 4-bedroom layout provide a versatile foundation. Located near top-rated schools like Robert Frost Middle, this is a value-add acquisition ideal for Fix-and-Flip Investors or Contractors seeking significant upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12324 Jolette Subject | $875,000* List Price | 4 | 2 | 2,110 | $394 | - |
A 17068 Westbury Sold | $1,025,000 | 4 | 3 | 2,038 | $503 | 0.3 mi |
B 11831 Gothic Sold | $861,500 | 3 | 2 | 1,974 | $436 | 1.0 mi |
C 17265 Bronte Place Sold | $980,000 | 4 | 3 | 2,097 | $467 | 0.9 mi |
D 12182 Bradford Sold | $775,000 | 4 | 2 | 1,912 | $405 | 0.3 mi |
E 17256 Tennyson Place Sold | $970,000 | 4 | 2 | 1,840 | $527 | 0.7 mi |
F 12729 Jolette Avenue Active | $1,050,000 List Price | 4 | 3 | 2,038 | $515 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 and explicitly marketed as a 'fixer' and 'diamond in the rough,' the property features original wood cabinetry, dated tile countertops, popcorn ceilings, and aged wallpaper. The kitchen and bathrooms require a complete overhaul, and the 60-year age suggests the need for significant system updates and a full interior rehab.
Situated in the highly desirable Upper Granada Hills neighborhood, this property offers a prestigious address within a sought-after community known for its long-term value and appeal.
The oversized 11,890 square foot lot features numerous fruit trees and provides significant potential for outdoor entertaining, landscaping, or future property expansions like an ADU.
With over 2,100 square feet of living space and a functional four-bedroom layout including a main-floor primary suite, the home offers a versatile foundation for modern living.
Marketed as a 'diamond in the rough,' the home requires substantial renovation and updating, which will necessitate a significant additional investment of time and capital.
Built in 1964, the property likely requires modernization of major systems and cosmetic finishes to meet contemporary building standards and energy efficiency expectations.
Diamond in the rough - Don’t miss this exceptional opportunity to own a four-bedroom, two-bath, two-story home in the highly desirable Upper Granada Hills neighborhood, nestled in a wonderful community and prime location. Built in 1964, this spacious residence offers approximately 2,110 square feet of living space on an expansive 11,000+ square foot lot. The floor plan features a generous living room with a wood-burning fireplace, an adjacent formal dining area, and a kitchen overlooking the rear yard with a large eating area, ample cabinetry, counter space, and pantry storage. The primary en-suite bedroom and bath are conveniently located on the first floor, while upstairs you’ll find three additional bedrooms and a large hall bathroom. The oversized backyard is filled with numerous fruit trees and offers endless possibilities for outdoor living, entertaining, or future enhancements. This property is truly a diamond in the rough—a fixer with great bones that offers an incredible chance to update, restore, and make it your own in one of Granada Hills’ most sought-after locations.
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades K-5 • 2.1 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,110 | 1,864 | 66% |
| Lot Size | 11,890 | 8,209 | 77% |
| Price | $875.0K | $1.04M | 23% |
| Price per sq ft | $415 | $562 | 7% |
| Built year | 1964 | 1960 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 123 | 2% |
May 28, 2026
$875,000
$899,950
-3% Price Drop
Initial Listing
May 25, 2026
$899,950
Initial Listing