
Granada Hills, California 91344
This Dual-Unit Income Property represents a High-Potential Investment Opportunity, listed at $1,249,999, which is priced near its $1,234,792 Fair Market Value. Featuring a Mint Condition Rating with a 2023 kitchen remodel and 2024 HVAC, this asset generates a robust $8,536 monthly income. The layout includes two independent homes with private yards, offering rare flexibility for multi-generational living or house hacking. With modern upgrades and high rental demand, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16130 Devonshire Street Subject | $1,249,999* List Price | 6 | 5 | 2,319 | $532 | - |
A 16322 Hiawatha Street Sold | $1,165,000 | 4 | 2 | 1,977 | $589 | 0.3 mi |
B 15709 Devonshire Street Sold | $905,000 | 5 | 4 | 1,854 | $488 | 0.5 mi |
C 10944 Haskell Avenue Sold | $894,950 | 4 | 2 | 1,632 | $548 | 1.0 mi |
D 16231 Septo Street Active | $1,197,000 List Price | 4 | 3 | 2,030 | $590 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive renovation within the last 2 years, including a full kitchen remodel in 2023, a new HVAC system in 2024, and new flooring throughout. The interior presents in mint, move-in-ready condition with modern finishes and updated systems.
The property features two fully independent, high-performing rental units generating a combined $8,536 per month, making it an exceptional investment or house-hacking opportunity.
The front residence boasts significant recent improvements, including a 2024 HVAC system and a 2023 kitchen remodel, ensuring lower immediate maintenance costs and increased tenant appeal.
Both units offer complete privacy with separate addresses, private entrances, individual fenced yards, and in-unit laundry, providing a rare setup for multi-generational living or premium rentals.
With two sizable 3-bedroom homes situated on a 7,686 sqft lot, the outdoor living space and yard area for each unit are relatively constrained compared to traditional single-family residences in the area.
Despite modern cosmetic and HVAC updates, the original structure dates back to 1953, which may necessitate future attention to aging core components such as plumbing or electrical systems not specified as upgraded.
16130 & 16128 Devonshire Street is a rare and versatile income-generating property featuring two fully independent homes on one lot. The front house offers 3 bedrooms and 2 bathrooms across approximately 1,119 sq ft, with a new HVAC system installed in 2024, a kitchen remodel completed in 2023, and new flooring throughout. It's currently rented for $4,400/month. The rear 3-bedroom, 3-bath ADU spans approximately 1,200 sq ft and is bringing in $4136/month. Each unit has its own address, private entrance, fenced yard, full kitchen, and in-unit laundry making this the perfect setup for multi-generational living, house hacking, or a high-performing investment. This is a standout opportunity in a prime Valley location close to shopping, dining, and freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 2,319 | 2,038 |
| Lot Size | 7,686 | 8,045 |
| Price | $1.25M | $1.07M |
| Price per sq ft | $539 | $561 |
| Built year | 1953 | 1960 |
| HOA | $0 | $0 |
| Days on market | 12 | 49 |
Jul 10, 2026
$1,249,999
Initial Listing
Sep 28, 2023
$775,000
Public Record