15448 Stare, San Fernando, California 91345 home-pic-0

ACTIVE$650,000$1,452/sqft

Est. Value: $671,213

BelowEstimate

15448 Stare, San Fernando, California 91345

3Beds

2Baths

1,452Sqft

8,103Lot

Price Vs. Estimate

The estimated value ($671,212.88) is $21,212.88 (3%) higher than the list price ($650,000). This property may be underpriced.

Key pros and cons

Top Pros:

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8103, living area = 1452.

Top Cons:

Extensive Renovation Required: The property is 'ready for renovation,' implying significant investment in time and capital will be necessary to update and modernize the home.

Compared to the nearby listings

Price:$650.0K vs avg $818.5K ($-168,500)12%

Size:1,452 sqft vs avg 1,437.5 sqft55%

Price/sqft:$448 vs avg $54114%

More Insights

Built in 1952 (74 years old).

Condition: Built in 1952, this property is explicitly marketed as 'ready for renovation' and requiring 'extensive renovation' due to 'outdated systems & finishes.' While it has 'good bones,' the lack of recent updates and the need for comprehensive upgrades, including likely kitchen and bathroom overhauls, aligns with the 'poor' condition criteria. The mention of 'limited traditional financing' further supports the need for substantial rehabilitation.

Year Built

1952

List price

$650K

Original List price

$650K

Price/Sqft

$448

HOA

Days on market

Sold On

MLS number

IG25280756

Home ConditionPoor

Features

View-

About this home

Welcome to 15448 Stare Street, a solid 3-bedroom, 2-bath home located on a quiet residential street in Mission Hills. Sitting on a generous lot, this property offers a strong layout, good bones, and clear upside for the right buyer. The home features approximately 1,450 sq ft of living space and is ready for renovation, making it ideal for investors, flippers, or buyers looking to create value through updates. Large yard space allows for outdoor improvement potential, expansion possibilities, or an ADU (buyer to verify). Offered at $650,000, this property is competitively priced for today’s market and represents a rare chance to secure a value-add project in a desirable San Fernando Valley neighborhood. Conveniently located near freeways, schools, shopping, and local amenities. Cash, hard money, or renovation loans welcome. Bring your vision and unlock the potential.

Steven Casillas

Listing Agent

Condition Rating

Poor

Built in 1952, this property is explicitly marketed as 'ready for renovation' and requiring 'extensive renovation' due to 'outdated systems & finishes.' While it has 'good bones,' the lack of recent updates and the need for comprehensive upgrades, including likely kitchen and bathroom overhauls, aligns with the 'poor' condition criteria. The mention of 'limited traditional financing' further supports the need for substantial rehabilitation.

Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8103, living area = 1452.

Significant Value-Add Opportunity: The property is explicitly positioned as a renovation project, ideal for investors or buyers seeking to build equity through updates and modernization.

Generous Lot with ADU Potential: A large 8,103 sq ft lot offers ample space for outdoor enhancements, potential expansion, or the addition of an Accessory Dwelling Unit (ADU), subject to buyer verification.

Desirable Mission Hills Location: Situated on a quiet residential street in the sought-after Mission Hills area, providing convenient access to freeways, schools, shopping, and local amenities.

Competitive Market Pricing: Listed at $650,000, the property is competitively priced for the current market, presenting an attractive entry point for a value-add project.

Solid Foundation & Layout: Described as a 'solid' home with 'good bones' and a 'strong layout,' indicating a robust underlying structure suitable for renovation.

Cons