
Granada Hills, California 91344
This Turnkey Multi-Unit Property is a Strong Value Opportunity listed at $999,000—positioned below the $1,000,104 Fair Market Value by 0.1%. Boasting a Condition Rating of 2 after a comprehensive renovation, the estate includes a Permitted Detached ADU and a Premium Outdoor Kitchen. Situated near Top-Rated Schools like Mayall Street Elementary (9/10) and Robert Frost Middle (9/10), this property offers $1,104 in Instant Equity. This is a premier choice for Owner-Occupants focused on wealth building or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16642 Los Alimos Street Subject | $999,000* List Price | 4 | 3 | 1,993 | $502 | - |
A 16122 San Fernando Mission Boulevard Active | $1,298,000 List Price | 5 | 5 | 2,580 | $503 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation, presenting in virtually new condition. The interior features brand-new luxury vinyl plank flooring, fresh paint, recessed lighting, and modern ceiling fans. The kitchen is updated with white cabinetry and stainless steel appliances, including a dishwasher with the protective film still attached. Bathrooms have been modernized with contemporary subway tile and black hardware. The inclusion of a permitted, updated ADU and a well-maintained outdoor kitchen area confirms the high-quality, move-in-ready status of the entire property.
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 property includes a permitted 444 sqft detached studio ADU with its own kitchen and bathroom, providing an ideal setup for rental income, house hacking, or multi-generational living.
The private backyard is a standout feature, equipped with a built-in outdoor kitchen, barbecue, and extensive counter space, perfect for entertaining and Southern California's lifestyle.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The main house and ADU share utilities, which can create administrative challenges for landlords when calculating tenant expenses and may require future investment to sub-meter.
The 1,549 sqft main residence features only 1.5 bathrooms for three bedrooms, which may be a drawback for larger families or buyers seeking a full primary suite.
Welcome to 16642 Los Alimos Street in Granada Hills, a rare opportunity to own a vacant single-family home with a permitted detached ADU, ideal for house hacking, rental income, or multi-generational living. The main residence offers approximately 1,549 square feet with 3 bedrooms and 1.5 bathrooms, while the permitted detached studio ADU adds an additional 444 square feet and includes its own kitchen and bathroom. Both units are delivered vacant at close of escrow, allowing immediate flexibility for owner-users or investors. Designed with privacy in mind, the ADU is positioned to function like a separate residence, making it ideal for long-term rental income, guest quarters, or a private home office. Utilities are shared, simplifying ownership while still providing strong income potential. This layout is especially attractive for buyers seeking income-producing properties in Granada Hills without sacrificing privacy. The main home features a generously sized kitchen with a large center island, double oven, and ample counter space, perfect for entertaining or everyday living. Step outside to a private backyard retreat complete with an outdoor kitchen, counter space, and built-in barbecue, ideal for enjoying Southern California’s indoor-outdoor lifestyle. Situated in one of Granada Hills’ most desirable residential pockets, the property offers convenient access to local shops, dining, and neighborhood amenities while maintaining a quiet, suburban feel. A rare chance to own a vacant property with a permitted ADU in Granada Hills—perfect for owner-occupants, investors, or buyers focused on long-term wealth building.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1952 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 22, 2026
$999,000
$1,095,000
-9% Price Drop
Initial Listing
Feb 5, 2026
$1,095,000
Initial Listing
Nov 4, 2019
$655,000
Public Record
Nov 21, 2007
$451,500
Public Record
May 30, 2006
$615,000
Public Record
May 3, 2002
$237,000
Public Record
Sep 15, 1998
$167,500
Public Record