17441 Hiawatha Street, Granada Hills, California 91344, Granada Hills, 91344 - 5 bed, 3 bath
ACTIVE$1,325,000$2,873/sqft
Est. Value: $1,266,644
-4%
AboveEstimate
17441 Hiawatha Street, Granada Hills, California 91344
5Beds
3Baths
2,873Sqft
7,623Lot
Price Vs. Estimate
The estimated value ($1,266,644.365) is $58,355.635 (4%) lower than the list price ($1,325,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Mayall Street Elementary School (9/10). Middle School: Robert Frost Middle School (9/10). High School: West Ranch High School (10/10).
Top Cons:
Niche Market & Reversion Costs: The property's highly specialized RCFE conversion significantly narrows the potential buyer pool and may incur substantial costs for reversion to a traditional single-family residence.
Compared to the nearby listings
Price:$1.32M vs avg $1.04M (+$285,000)80%
Size:2,873 sqft vs avg 1,912 sqft89%
Price/sqft:$461 vs avg $56114%
More Insights
Built in 1963 (63 years old).
Condition: Built in 1963, the property is over 60 years old. While the kitchen has been renovated with modern cabinets, countertops, and backsplash, some appliances appear older. The bathroom, however, is significantly dated with older tile work, suggesting it has not been renovated recently. The flooring is updated throughout, and the property appears well-maintained for its RCFE purpose, but the overall age and the condition of the bathrooms indicate that major components are functional but show signs of being outdated, aligning with a 'Fair' condition.
Year Built
1963
Close
-
List price
$1.32M
Original List price
$1.4M
Price/Sqft
$461
HOA
-
Days on market
-
Sold On
-
MLS number
WS25279032
Home ConditionFair
Features
Patio
View-
About this home
RCFE - Residential Care Facility for the Elderly licensed for 6 beds. 7 bedrooms, 5 baths. Large bedrooms that can possibly accommodate 2 residents. Open floor plan with renovated kitchen. Large drive way and good size backyard. Garage was converted to a 6th bedroom with bathroom. Part of the living room was converted to a 7th bedroom for the staff. Price is for real estate only. Business is for 125,000
M
MIRA GONZAGA
Listing Agent
Nearby schools
7/10
Andasol Avenue Elementary School
Public,•K-5•0.4mi
9/10
Mayall Street Elementary School
Public,•K-5•1.2mi
6/10
Tulsa Street Elementary School
Public,•K-5•1.4mi
9/10
Vintage Math/Science/Technology Magnet School
Public,•K-5•2.2mi
7/10
Haskell Elementary School
Public,•K-5•2.2mi
5/10
Danube Avenue Elementary School
Public,•K-5•2.5mi
3/10
El Dorado Avenue Elementary School
Public,•K-5•4.0mi
4/10
Herrick Avenue Elementary School
Public,•K-5•4.7mi
6/10
Wiley Canyon Elementary School
Public,•K-6•8.4mi
5/10
Patrick Henry Middle School
Public,•6-8•0.2mi
7/10
George K. Porter Middle School
Public,•6-8•2.0mi
9/10
Robert Frost Middle School
Public,•6-8•2.4mi
4/10
Olive Vista Middle School
Public,•6-8•5.1mi
9/10
Rancho Pico Junior High School
Public,•7-8•10.8mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•0.6mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•0.7mi
7/10
Northridge Academy High
Public,•9-12•1.1mi
6/10
John F. Kennedy High School
Public,•9-12•1.8mi
10/10
West Ranch High School
Public,•9-12•11.0mi
Price History
Date
Event
Price
12/22/00
Sold
$300,500
06/07/96
Sold
$183,000
12/28/23
Sold
$1,370,000
04/04/16
Sold
$625,000
Condition Rating
Fair
Built in 1963, the property is over 60 years old. While the kitchen has been renovated with modern cabinets, countertops, and backsplash, some appliances appear older. The bathroom, however, is significantly dated with older tile work, suggesting it has not been renovated recently. The flooring is updated throughout, and the property appears well-maintained for its RCFE purpose, but the overall age and the condition of the bathrooms indicate that major components are functional but show signs of being outdated, aligning with a 'Fair' condition.
Pros & Cons
Pros
Great Schools: Elementary School: Mayall Street Elementary School (9/10). Middle School: Robert Frost Middle School (9/10). High School: West Ranch High School (10/10).
RCFE Licensing & Income Potential: Property is licensed as a Residential Care Facility for the Elderly (RCFE) for 6 beds, offering immediate income-generating potential for specialized investors or operators.
High Capacity & Functional Layout: Features 7 bedrooms and 5 baths (as per description), including converted garage and living room spaces, maximizing resident and staff accommodation for its specialized use.
Renovated Kitchen & Open Floor Plan: Modernized kitchen and an open floor plan enhance the property's appeal and functionality, providing comfortable communal living spaces.
Ample Parking & Outdoor Space: A large driveway provides significant parking, complemented by a good-sized backyard, offering valuable outdoor amenities for residents and operational convenience.
Strategic Price Reduction: The recent price reduction from $1.395M to $1.325M indicates potential seller motivation and could present a more attractive investment opportunity.
Cons
Niche Market & Reversion Costs: The property's highly specialized RCFE conversion significantly narrows the potential buyer pool and may incur substantial costs for reversion to a traditional single-family residence.
Data Inconsistencies: Discrepancies between the listed bed/bath count (5 beds, 3 baths) and the description (7 bedrooms, 5 baths) require immediate clarification to avoid buyer confusion and ensure accurate representation.
Age of Property & System Updates: Built in 1963, the property is over 60 years old, suggesting potential for aging infrastructure and systems (e.g., HVAC, plumbing, electrical) that may require future updates or significant maintenance.