
Granada Hills, California 91344
This Turnkey Multi-Generational Estate is a Strong Value Opportunity, listed at $1,150,000—positioned well below the $1,154,850 Fair Market Value by 0.42%. Featuring a Mint Condition Rating after a full-stud renovation, the property includes a Permitted 400 sqft ADU and potential for a Jr-ADU conversion. Located in a top-tier district with access to 9/10 rated schools, this home offers a rare blend of luxury living and income-producing versatility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality, income-generating residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16931 Rinaldi Subject | $1,150,000* List Price | 4 | 3 | 2,025 | $570 | - |
A 16434 Halsey Street Sold | $1,085,000 | 4 | 3 | 2,196 | $494 | 0.6 mi |
B 11529 De Celis Sold | $1,125,000 | 5 | 3 | 1,926 | $584 | 0.3 mi |
C 16914 Flanders Sold | $1,315,000 | 4 | 2 | 2,200 | $598 | 0.0 mi |
D 17043 Celtic Street Sold | $1,133,000 | 4 | 3 | 2,217 | $511 | 0.7 mi |
E 17126 San Fernando Mission Sold | $985,000 | 4 | 3 | 1,607 | $613 | 0.6 mi |
F 11722 Hayvenhurst Sold | $1,125,000 | 4 | 3 | 1,552 | $725 | 0.5 mi |
G 16515 16517 Index Pending | $1,350,000 List Price | 4 | 3 | 2,054 | $657 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Property was completely rebuilt down to the studs with all-new systems including electrical panels, copper plumbing, and central HVAC. The kitchen and bathrooms are fully remodeled with modern designer finishes, and the inclusion of a permitted ADU with similar high-end updates places this in mint, maintenance-free condition.
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 features a permitted 400 sqft ADU and a detached garage with Jr-ADU conversion potential, offering exceptional rental income opportunities or flexible living for extended families.
Rebuilt down to the studs with all-new electrical, copper plumbing, central HVAC, and high-end designer finishes, ensuring a modern, low-maintenance ownership experience.
The property was recently sold within the past year on 2025-10-02. The sold price is $800,000.00.
The property is located on Rinaldi Street, a major thoroughfare, which may result in higher ambient traffic noise and less residential seclusion.
With the existing ADU and potential for a third unit on a 7,262 sqft lot, the remaining private backyard space is limited compared to traditional single-family homes in the area.
Exceptional Value & Income Potential in Prime Granada Hills – Renovated Estate with Permitted ADU and Future Jr-ADU Possibilities. Rarely does a property offer this level of quality, flexibility, and value in Granada Hills and north of the 118 Freeway. Completely rebuilt and renovated down to the studs, this turnkey property presents an incredible opportunity for homeowners, multi-generational families, and investors alike. The beautifully reimagined main residence offers approximately 1,700± square feet of living space with 4 bedrooms and 2 fully remodeled bathrooms. No expense was spared in the renovation, including all-new electrical with two new electrical panels, copper plumbing, central air and heat, dual-pane vinyl windows, luxury vinyl plank flooring, crown molding, recessed LED lighting, new interior doors, custom hardware, and designer finishes throughout. The stunning chef’s kitchen features shaker cabinetry, a large stainless farmhouse sink, porcelain tile flooring, and convenient side-yard access. The spacious primary suite includes an oversized walk-in closet, while additional bedrooms offer mirrored wardrobe doors. Fireplace, 10-foot sliding glass door, and French doors leading to the covered patio create the perfect blend of comfort and indoor-outdoor living. Outside, the property continues to impress with custom two-tone exterior paint, hardscaping, automatic sprinklers and drip irrigation, custom metal privacy gates, mature fruit trees including citrus, apple, and fig varieties, and block walls surrounding the backyard for enhanced privacy and security. An abundance of street parking provides added convenience for guests, tenants, and extended family. Approx. 400± square foot permitted ADU/studio featuring its own private entrance, full kitchen, full bathroom, walk-in closet, split-system air conditioning, and modern finishes. Ideal for extended family, guests, a private office, or rental income. The detached 2-car garage may also offer the potential for a future Junior ADU (Jr-ADU) conversion, creating the possibility of three separate living spaces on one property (buyer to independently verify all permits, zoning, and development possibilities with the City of Los Angeles). Whether you're looking for a move-in ready family home, a multi-generational living solution, or a property with exceptional income-producing potential, this rare Granada Hills offering delivers unmatched versatility and outstanding value.
No exterior & parking available.
Grades K-5 • 0.9 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 | 2,025 | 1,899.5 | 58% |
| Lot Size | 7,262 | 8,245 | 13% |
| Price | $1.15M | $1.05M | 63% |
| Price per sq ft | $568 | $567 | 50% |
| Built year | 1957 | 1960 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 123 | 2% |
Jun 3, 2026
$1,150,000
Initial Listing
Oct 2, 2025
$800,000
Public Record