15138 Hiawatha St, Mission Hills, California 91345, Mission Hills, 91345 - 3 bed, 2 bath
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Mission Hills, California 91345
This Spacious California Ranch represents a High-Potential Investment Opportunity, listed at $849,000—positioned well below the $881,825 Fair Market Value by 3%. This valuation gap offers $32,825 in Instant Equity. Featuring a Condition Rating of 4, the home includes recent capital improvements like a new roof and HVAC, while offering significant ADU & Expansion Potential via the oversized lot. Proximity to Top-Rated Schools like Vintage Magnet adds long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15138 Hiawatha St Subject | $849,000* List Price | 3 | 2 | 2,252 | $392 | - |
A 10049 10049 Langdon Sold | $885,000 | 3 | 3 | 2,300 | $385 | 0.6 mi |
B 15013 San Jose Sold | $725,000 | 3 | 3 | 2,248 | $323 | 0.2 mi |
C 15241 Septo Street Sold | $860,000 | 4 | 2 | 1,906 | $451 | 0.6 mi |
D 9931 Memory Park Avenue Sold | $870,000 | 3 | 2 | 1,825 | $477 | 0.6 mi |
E 10544 Stanwin Sold | $829,999 | 4 | 2 | 1,900 | $437 | 0.8 mi |
F 9943 Kester Active | $895,000 List Price | 3 | 2 | 2,022 | $443 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property boasts excellent recent system upgrades including a new roof (3 months old) and a newer HVAC system (1 year old), the core interior elements remain dated. The kitchen features older cabinetry and the bathrooms retain vintage 1950s-style tiling. Built in 1953, the home is well-maintained and move-in ready with fresh paint, but the kitchen and baths require modernization to move beyond the 'Fair' rating.
Elementary School: Vintage Math/Science/Technology Magnet School (9/10). Middle School: Robert Frost Middle School (9/10).
The property features a brand-new roof (3 months old) and a newer central A/C system (1 year old), offering the buyer significant immediate savings and peace of mind regarding major systems.
The oversized 8,478 sq ft lot and deep two-car garage provide an excellent footprint for an Accessory Dwelling Unit (ADU) conversion or workshop, adding substantial long-term value.
Built in 1953, the home may still require updates to original plumbing, electrical, or cosmetic elements that were not addressed in the recent surface-level refreshments.
While there are high-rated magnet options nearby, several of the local assigned public schools have lower ratings, which may be a concern for education-focused families.
Welcome to 15138 Hiawatha Street, a spacious single-story California Ranch-style home situated on an expansive 8,478 sq ft lot in the heart of Mission Hills. Offering over 2,200 sq ft of living space, this well-maintained property combines comfort, functionality, and incredible future potential. Recent upgrades include a newer roof installed approximately 3 months ago, newer central A/C installed about 1 year ago, and fresh interior paint completed after move-out, creating a clean and inviting atmosphere ready for its next owner. The home also features recessed lighting, ceiling fans, and a cozy fireplace that adds warmth and character to the living space. The large extended two-car garage offers extra depth and excellent potential for additional storage, a workshop, or possible ADU conversion opportunities. The oversized driveway provides ample parking, while the expansive backyard features a mature lemon tree and plenty of room for outdoor entertaining, gardening, or future improvements. Conveniently located near schools, shopping, dining, and freeway access, this property presents an exceptional opportunity to own a generously sized home with valuable upgrades and long-term upside in a desirable San Fernando Valley location.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,252 | 1,572.5 | 91% |
| Lot Size | 8,478 | 7,678.5 | 76% |
| Price | $849.0K | $812.5K | 59% |
| Price per sq ft | $377 | $524 | 6% |
| Built year | 1953 | 1954 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 155 | 6% |
May 26, 2026
$849,000
Initial Listing
Mar 17, 2005
$495,000
Public Record
Nov 9, 2001
$257,000
Public Record