
Granada Hills, California 91344
This property represents a Value-Add Residential Asset with a List Price of $699,900, positioned near its $675,155 Fair Market Value. Carrying a Poor Condition Rating, the structure requires comprehensive updates to the roof, flooring, and HVAC systems, yet offers a desirable City Lights view and a generous 7,258 sqft lot. The location is anchored by Top-Rated Schools, including Mayall Street Elementary (9/10) and West Ranch High (10/10), ensuring long-term neighborhood demand. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to capture equity through a full-scale renovation in a prime Granada Hills pocket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17158 Ludlow Subject | $699,900* List Price | 3 | 2 | 1,185 | $548 | - |
A 16757 Donmetz Sold | $820,000 | 4 | 2 | 1,352 | $607 | 0.6 mi |
B 16738 Index Sold | $790,000 | 4 | 2 | 1,325 | $596 | 0.7 mi |
C 16857 Chatsworth Street Sold | $777,000 | 3 | 2 | 1,129 | $688 | 0.6 mi |
D 10926 Ruffner Avenue Sold | $765,000 | 3 | 2 | 1,130 | $677 | 0.6 mi |
E 11229 Mclennan Sold | $835,000 | 3 | 2 | 1,375 | $607 | 0.4 mi |
F 16817 Index Street Sold | $770,000 | 4 | 2 | 1,346 | $572 | 0.6 mi |
G 11633 Balboa Active | $850,000 List Price | 4 | 3 | 1,624 | $523 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953, this property explicitly states it 'needs major repairs and updates, including the roof, floors, windows, and air-conditioning system.' The exterior image shows an unkempt yard and a cluttered porch, consistent with a property requiring substantial rehabilitation. While no interior images are provided, the comprehensive list of necessary major repairs indicates that the kitchen and bathrooms, along with other systems, are likely outdated and in need of significant renovation, aligning with the 'Poor' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7258, living area = 1185.
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 is situated in a highly desirable area of Granada Hills, explicitly highlighted as 'LOCATION, LOCATION, LOCATION' in the listing description, suggesting strong neighborhood appeal and potential for appreciation.
The home 'needs major repairs and updates, including the roof, floors, windows, and air-conditioning system,' indicating a substantial financial and time commitment for prospective buyers.
Built in 1953, the property is likely to have outdated infrastructure, plumbing, and electrical systems, contributing to the need for comprehensive modernization beyond cosmetic updates.
The absence of an air-conditioning system, specifically mentioned as needing an update, is a significant drawback, particularly during warmer months in Southern California, and will require immediate investment for comfort.
LOCATION, LOCATION, LOCATION. This property is a great opportunity for investors or a family willing to renovate. The home needs major repairs and updates, including the roof, floors, windows, and air-conditioning system. With the right improvements, it can be turned into a beautiful dream home.
No exterior & parking available.
Grades K-5 • 0.8 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 | 3.0 | 4.0 | 37% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,185 | 1,912 | 5% |
| Lot Size | 7,258 | 8,392 | 14% |
| Price | $699.9K | $1.07M | 2% |
| Price per sq ft | $591 | $565 | 61% |
| Built year | 1953 | 1960 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 154 | 24% |
Jan 28, 2026
$699,900
Initial Listing