16809 Armstead Street, Granada Hills, California 91344, Granada Hills, 91344 - 4 bed, 3 bath
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Granada Hills, California 91344
This Single-Story View Residence is a Strong Value Opportunity, listed at $1,249,000—positioned well below the $1,368,902 Fair Market Value by 8%. This valuation gap offers $119,902 in Instant Equity. Featuring a remodeled primary suite and a Condition Rating of 3, the property sits on an expansive 12,980 SF lot with panoramic golf course and mountain views. Located near Top-Rated Schools like Robert Frost Middle (9/10), this home is perfect for Owner-Occupants or Value-Add Buyers seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16809 Armstead Street Subject | $1,175,000* List Price | 4 | 3 | 2,502 | $499 | - |
A 11725 Balboa Boulevard Sold | $1,300,000 | 6 | 4 | 2,400 | $542 | 0.3 mi |
B 17161 Ludlow Sold | $1,100,000 | 5 | 3 | 1,990 | $553 | 0.9 mi |
C 11529 De Celis Sold | $1,125,000 | 5 | 3 | 1,926 | $584 | 0.2 mi |
D 16267 Barneston Street Sold | $1,320,000 | 4 | 3 | 2,430 | $543 | 0.7 mi |
E 16317 Keeler Drive Active | $1,285,000 List Price | 4 | 3 | 2,407 | $534 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring a recently remodeled primary suite with high-end marble countertops and a walk-in shower. While originally built in 1957, the home has been updated with a complete exterior repaint, rich hardwood flooring, and French doors. The kitchen is functional and bright, though it retains a more traditional style compared to the modern primary bath. Overall, the major systems appear functional, and the home shows pride of ownership with only minor 'TLC' suggested for secondary structures like the outdoor studio.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12980, living area = 2502.
Elementary School: Mayall Street Elementary School (9/10). Middle School: Robert Frost Middle School (9/10). High School: West Ranch High School (10/10).
Situated North of Rinaldi, the property borders the Knollwood Country Club, providing exceptional rear privacy and breathtaking panoramic views of the Santa Susana Mountains.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12980, other record lot size in square feet = 12700. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2502, other record living area = 1808.
While key areas have been updated, the 1957 construction and mention of 'TLC' for the outdoor studio suggest that additional investment may be needed to modernize remaining original elements.
The extensive and mature ecosystem of Redwoods, Eucalyptus, and fruit trees, while beautiful, requires significant ongoing maintenance and fire brush clearance given its location near an arroyo.
Known affectionately by neighbors as "The Yosemite House" for its majestic Redwood standing sentry over the birds of paradise and shaded azaleas in the front yard, this single-story gem offers a lifestyle of quiet prestige nestled in the picturesque North of Rinaldi neighborhood of Granada Hills. Recently enhanced with a complete exterior repaint, the residence provides a seamless blend of refined comfort and extraordinary potential. The expansive floor plan is anchored by rich hardwood floors and a striking dual-sided fireplace. The kitchen/dining area is bathed in light from a charming bay-windowed breakfast nook and elegant French doors which seamlessly bridges the gap between indoor comfort and outdoor beauty. Retreat to the large, primary suite, which boasts a recent bathroom remodel complete with marble countertops, ceramic flooring, oversized soaking tub, and a sleek walk-in shower. With two of the four bedrooms featuring en-suite bathrooms, the layout is as functional as it is inviting. The true magic of this residence is revealed as you cross yet another set of French doors through the sun-drenched lanai and into the enchanting backyard. The grounds slope gently toward a city-maintained arroyo, bordering the lush, manicured fairways of the Knollwood Country Club. This natural buffer ensures complete rear privacy while framing breathtaking, panoramic views of the Santa Susana Mountains. This private sanctuary is home to a vibrant ecosystem of blood orange and Valencia trees, fragrant wisteria, towering Mexican fan palms, as well as Eucalyptus, Cypress and Redwoods where owls and hummingbirds are frequent guests, while a whimsical bougainvillea enclosure serves as a refuge for local bunnies. Tucked into the landscape lies a charming, custom-built, and recently repainted miniature playhouse, equipped with electricity, and with a bit of TLC, can be the perfect footprint for a creative studio. Whether you envision a custom pool, a modern ADU, or an elite entertaining space, this +/- 12,980 SF canvas offers a rare opportunity to customize your dream oasis. Positioned just minutes from the trails of O'Melveny Park and the area's top-tier, high-ranking schools, this is a unique opportunity to secure long-term value in one of the Valley's most sought-after pockets.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.5 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 2,502 | 1,926 | 81% |
| Lot Size | 12,980 | 8,402 | 82% |
| Price | $1.18M | $1.08M | 65% |
| Price per sq ft | $470 | $565 | 17% |
| Built year | 1957 | 1960 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 154 | 8% |
Apr 10, 2026
$1,175,000
$1,249,000
-6% Price Drop
Initial Listing
Feb 26, 2026
$1,249,000
Initial Listing
Mar 31, 2005
$625,500
Public Record