15949 Ludlow Street, 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 $799,999—positioned well above the $710,070 Fair Market Value by -12%. Featuring a Condition Rating of 5, this 3-bedroom, 2-bath fixer requires comprehensive electrical and plumbing updates. The 7,018 sqft lot with rear alley access offers significant development potential for an ADU or expansion. Located near top-rated schools like Mayall Street Elementary, this asset is ideal for Fix-and-Flip Investors or Contractors seeking to build equity through a full-scale renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15949 Ludlow Street Subject | $799,999* List Price | 3 | 2 | 1,264 | $562 | - |
A 10360 Haskell Sold | $754,000 | 3 | 2 | 1,169 | $645 | 0.9 mi |
B 10600 Dempsey Sold | $730,000 | 3 | 2 | 1,247 | $585 | 0.6 mi |
C 10824 Danube Sold | $860,000 | 4 | 2 | 1,374 | $626 | 0.4 mi |
D 10449 Gloria Ave Sold | $850,000 | 3 | 2 | 1,350 | $630 | 0.7 mi |
E 10342 Haskell Sold | $755,000 | 3 | 2 | 1,168 | $646 | 0.9 mi |
F 11403 Gaynor Avenue Sold | $800,000 | 4 | 2 | 1,399 | $572 | 0.5 mi |
G 11224 Blucher Pending | $724,900 List Price | 4 | 2 | 1,303 | $556 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 and unrenovated for over 50 years, this property is a major fixer-upper requiring complete electrical and plumbing updates, new flooring, and a total overhaul of the dated bathrooms and kitchen.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7018, living area = 1264.
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 generous 7,018 sqft lot features rare rear alley access and a large side yard, providing an excellent opportunity for an ADU, expansion, or additional parking.
The property requires comprehensive updates to critical systems, including electrical and plumbing, in addition to cosmetic overhauls like flooring and paint.
As a long-term family home that has not been modernized in decades, the property lacks contemporary amenities and will require a substantial budget for a full transformation.
Located in a desirable residential pocket of Granada Hills, this charming 3 bedroom, 2 bath fixer is on the market for the first time in over 50 years! Full of potential and opportunity, this property is perfect for buyers ready to customize and create their dream home. A great candidate for 203(k) financing, the home offers solid bones along with the chance to update and improve to your personal taste. Seller is willing to review all offers. The spacious lot features rear access with plenty of room for expansion, possible ADU potential, additional parking, or future add-ons. The backyard has ally access and a large side yard. Inside, the bedrooms are generously sized. Property will need electrical, plumbing, flooring, and paint updates, making it an ideal opportunity for investors, contractors, or buyers looking to build equity. Conveniently located within walking distance to Danube Avenue Elementary, Porter Middle School, and Kennedy High School, with quick access to the 5, 405, and 118 freeways. Close to shopping, dining, banks, parks, and everyday conveniences, while still tucked away in a quiet, established neighborhood. Don’t miss this rare opportunity to transform a longtime family home into something truly special.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 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 | 1,264 | 1,875.5 | 9% |
| Lot Size | 7,018 | 8,245 | 6% |
| Price | $800.0K | $1.05M | 8% |
| Price per sq ft | $633 | $567 | 74% |
| Built year | 1954 | 1960 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 123 | 2% |
May 29, 2026
$799,999
Initial Listing