16729 Tulsa Street, Granada Hills, California 91344, Granada Hills, 91344 - 5 bed, 2 bath
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Granada Hills, California 91344
This High-Potential Income Asset is listed at $1,149,000, representing a stable acquisition aligned with its $1,066,573 Fair Market Value. Currently tenant-occupied, the residence provides immediate rental income and boasts a Good Condition Rating featuring a brand-new roof (2023) and updated flooring. The expansive 9,088 sq. ft. lot offers significant ADU development potential for future forced appreciation. Located near Top-Rated Schools including Mayall Street Elementary (9/10) and Robert Frost Middle (9/10), this property balances financial utility with long-term desirability. It is an ideal match for Buy-and-Hold Investors or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16729 Tulsa Street Subject | $1,149,000* List Price | 5 | 2 | 1,930 | $553 | - |
A 16418 Minnehaha Street Sold | $969,000 | 3 | 2 | 1,860 | $521 | 0.7 mi |
B 11529 De Celis Sold | $1,125,000 | 5 | 3 | 1,926 | $584 | 0.8 mi |
C 16609 Chatsworth Street Sold | $955,000 | 4 | 3 | 1,929 | $495 | 0.3 mi |
D 17078 Minnehaha Street Sold | $1,000,000 | 4 | 3 | 2,016 | $496 | 0.8 mi |
E 17161 Ludlow Sold | $1,100,000 | 5 | 3 | 1,990 | $553 | 0.6 mi |
F 16553 Kingsbury Sold | $1,140,000 | 3 | 2 | 1,589 | $717 | 0.4 mi |
G 16500 Kalisher Street Pending | $839,000 List Price | 5 | 2 | 1,937 | $433 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1953 build date, the property has undergone significant maintenance and updates that place it in the Good category. Key improvements include a brand new roof (2023), updated laminate flooring throughout, and recessed lighting. The bathrooms, while featuring an accessible design, appear functional and renovated within the 5-15 year window. The home is well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9088, living area = 1930.
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 9,088 square foot lot provides significant upside for investors or homeowners looking to add an ADU or expand the existing footprint in a high-demand area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Current tenant occupancy may present challenges for owner-user buyers who require immediate possession or specific move-in timelines.
With five bedrooms but only two bathrooms, the home's layout may feel underserved for large families, potentially requiring additional renovation to improve functionality.
Amazing investment opportunity featuring a 1930 square foot 5 bedroom 2 bathroom single family home currently tenant occupied, offering stable income potential. Situated on an expansive 9088 square foot lot, this property presents additional upside with potential for an ADU or expansion. Buyer to verify all development possibilities. Located in a highly desirable Granada Hills neighborhood, the home offers great curb appeal and convenient access to major freeways. The exterior features mature trees and established landscaping, creating a pleasant outdoor setting. A recent improvement includes a full roof replacement completed in May 2023 with permits from the Department of Building and Safety.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 83% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,930 | 1,899.5 | 52% |
| Lot Size | 9,088 | 8,310 | 58% |
| Price | $1.15M | $1.05M | 63% |
| Price per sq ft | $595 | $567 | 59% |
| Built year | 1953 | 1960 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 123 | 3% |
Apr 28, 2026
$1,149,000
Initial Listing
Mar 22, 2018
$675,000
Public Record
Feb 19, 2015
$477,000
Public Record