16822 Lahey Street, Granada Hills, California 91344, Granada Hills, 91344 - 4 bed, 2 bath
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Granada Hills, California 91344
This Traditional Value-Add Residence is listed at $1,100,000, reflecting a strategic entry point near its $1,029,756 Fair Market Value. Holding a Condition Rating of 4, the property serves as a spacious canvas featuring a 2,225 sq. ft. layout, RV access, and a 7,733 sq. ft. lot with significant ADU potential. Its location in a premier district with Robert Frost Middle (9/10) and Mayall Street Elementary (9/10) ensures enduring desirability and market stability. This property is a strategic acquisition for Value-Add Investors or Owner-Occupants looking to build equity through custom renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16822 Lahey Street Subject | $999,000* List Price | 4 | 2 | 2,255 | $438 | - |
A 16500 Kalisher Street Sold | $800,000 | 5 | 2 | 1,937 | $413 | 0.5 mi |
B 17078 Minnehaha Street Sold | $1,000,000 | 4 | 3 | 2,016 | $496 | 1.0 mi |
C 10352 Hayvenhurst Avenue Sold | $849,999 | 4 | 2 | 1,582 | $537 | 1.0 mi |
D 16609 Chatsworth Street Sold | $955,000 | 4 | 3 | 1,929 | $495 | 0.6 mi |
E 10831 Balboa Boulevard Sold | $780,000 | 4 | 2 | 1,621 | $481 | 0.5 mi |
F 11337 Hayvenhurst Active | $1,099,000 List Price | 4 | 2 | 1,968 | $558 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958 and held by the same family for over 50 years, the property is well-maintained and livable but significantly dated. While it features newer laminate flooring and laundry machines, the presence of popcorn ceilings, older light fixtures, and a kitchen described as a 'canvas for a future redesign' indicates that the primary systems, kitchen, and baths are likely past their 20-30 year functional aesthetic life.
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 in a highly sought-after Granada Hills neighborhood, the property offers access to prestigious schools like Robert Frost Middle and Mayall Street Elementary, ensuring strong long-term value.
The 7,733 sq. ft. lot features rare RV access and a rear-positioned garage, providing excellent privacy and a perfect canvas for an Accessory Dwelling Unit (ADU) or resort-style backyard.
Marketed as having 'incredible potential' after 50 years of single-family ownership, the property likely requires a substantial capital investment to modernize the interior and systems.
At a $1.1M list price, the cost of acquisition plus the necessary restoration expenses may exceed the immediate market value for buyers not looking for a long-term project.
REDUCED $101,000! TIMELESS GRANADA HILLS TRADITIONAL WITH INCREDIBLE POTENTIAL Welcome to 16822 Lahey Street, a rare offering in one of Granada Hills’ most established and sought-after neighborhoods. Proudly owned and lovingly cared for by the same family for over 50 years, this spacious single-level residence presents a unique opportunity to restore, reimagine, or elevate a classic home into a true custom showpiece. Set behind a charming and inviting front yard on a quiet private street, this 2,225 sq. ft. home offers an ideal blend of warmth, comfort, and versatility. The elegant formal living room is filled with natural light and enhanced by a wall of sliding doors, creating a welcoming first impression. Toward the rear of the home, an expansive family/entertainment room provides the perfect setting for effortless gatherings, movie nights, or relaxed everyday living. The home features four well-proportioned bedrooms, generous living spaces, and a functional layout designed for both comfort and connection. The kitchen flows seamlessly into the dining area, offering the perfect canvas for a future chef’s kitchen and open-concept redesign. A dedicated laundry room with newer machines adds convenience and practicality. Situated on a 7,733 sq. ft. lot, the property offers outdoor space with room to create a resort-style backyard or explore ADU potential. The two-car garage is positioned at the rear of the property, providing additional privacy, flexible access, and ample storage. RV access and parking complete this exceptional package. Ideally located near premier shopping, dining, recreation, and access to the highly rated schools in Granada Hills. This is a rare opportunity to own a property with enduring charm, incredible upside, and a location that continues to command long-term value. A special home with endless possibilities—ready for its next chapter. --
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,255 | 1,864 | 73% |
| Lot Size | 7,733 | 8,181 | 36% |
| Price | $999.0K | $1.04M | 42% |
| Price per sq ft | $443 | $562 | 13% |
| Built year | 1958 | 1960 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 124 | 3% |
May 30, 2026
$999,000
$1,050,000
-5% Price Drop
Initial Listing
May 20, 2026
$1,050,000
$1,100,000
-5% Price Drop
Initial Listing
May 4, 2026
$1,100,000
Initial Listing
Jul 28, 2023
$950,000
Public Record