
Granada Hills, California 91344
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $899,000—positioned well below the $922,414 Fair Market Value by 2%. This valuation gap offers $23,414 in Instant Equity. Featuring a Condition Rating of 2, the home includes a modern kitchen, remodeled bathrooms, and a spacious 7,799 sq. ft. lot with ADU Potential. Located near Top-Rated Schools like Mayall Street Elementary and Robert Frost Middle, this property is ideal for Owner-Occupants or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16126 Rinaldi Street Subject | $899,000* List Price | 4 | 2 | 1,389 | $664 | - |
A 11426 Collett Avenue Sold | $1,010,000 | 3 | 2 | 1,389 | $727 | 0.1 mi |
B 11431 Valjean Avenue Sold | $880,000 | 3 | 2 | 1,406 | $626 | 0.2 mi |
C 16817 Index Street Sold | $1,054,005 | 4 | 2 | 1,346 | $783 | 0.9 mi |
D 10926 Gaynor Avenue Sold | $817,500 | 3 | 2 | 1,264 | $647 | 0.7 mi |
E 16515 Simonds Street Sold | $945,000 | 4 | 2 | 1,352 | $699 | 0.5 mi |
F 15830 Kalisher Sold | $965,000 | 4 | 2 | 1,510 | $639 | 0.4 mi |
G 11155 Gaviota Sold | $900,000 | 3 | 2 | 1,176 | $765 | 0.4 mi |
H 10944 Haskell Avenue Sold | $894,950 | 4 | 2 | 1,632 | $548 | 0.8 mi |
I 16336 Kalisher Active | $975,000 List Price | 3 | 2 | 1,406 | $693 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1958, the property has undergone a comprehensive recent renovation (likely <2 years) as evidenced by the modern kitchen, fully remodeled bathrooms with designer tile and gold fixtures, new flooring, and recessed lighting. The interior features contemporary designer touches and appears to be in mint, move-in condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7799, living area = 1389.
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 expansive 7,800 sq. ft. lot and detached garage provide a prime opportunity for an ADU conversion or future expansion, offering significant value-add potential for rental income or multi-generational living.
With four bedrooms configured within 1,389 square feet, individual room sizes and common living areas may feel compact or restrictive for larger families.
Despite the aesthetic interior updates, the 1958 construction may still possess original underlying systems that could require future maintenance or modernization compared to newer builds.
Opportunity meets location with this home on an expansive 7,800 sq. ft. lot in the heart of coveted Granada Hills, this beautifully updated 4 bedroom home offers the perfect blend of comfort today and endless potential for tomorrow. Inside, the home welcomes you with an updated kitchen and remodeled bathrooms, while multiple custom accent walls add warmth, character, and a modern designer touch throughout. The layout offers a comfortable flow for everyday living, with each bedroom providing flexibility for family, guests, or a home office. Outside, the expansive lot is a blank canvas & opens the door to endless possibilities, with enough space for a pool, outdoor entertaining & lush landscaping complete with a detached garage that presents exciting ADU potential for future expansion, rental income, or a private guest space along with private parking for multiple cars. Ideally situated near Porter Ranch, shopping, dining, parks, and convenient access to the 118, 405, and 5 freeways, this is more than just a home, it’s an opportunity to invest in one of the San Fernando Valley’s most sought-after communities.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,389 | 2,038 |
| Lot Size | 7,799 | 8,045 |
| Price | $899.0K | $1.07M |
| Price per sq ft | $647 | $561 |
| Built year | 1958 | 1960 |
| HOA | $0 | $0 |
| Days on market | 15 | 49 |
Jul 7, 2026
$899,000
Initial Listing
Dec 29, 2023
$745,000
Public Record