17518 Los Alimos, Granada Hills, California 91344, Granada Hills, 91344 - 2 bed, 2 bath
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Granada Hills, California 91344
This Development-Ready Residential Asset is listed at $899,000, reflecting a strategic premium over the $723,162 Fair Market Value due to its rare land utility. Boasting a Condition Rating of 4, the bungalow includes vital infrastructure upgrades like Copper Plumbing and a Newer HVAC system. The primary value lies in the expansive 12,597 sqft R2 Lot with Alley Access, providing significant ADU or Multi-Unit Potential near the prestigious Granada Hills Charter High School. This high-upside property is an ideal match for Value-Add Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17518 Los Alimos Subject | $899,000* List Price | 2 | 2 | 952 | $760 | - |
A 16857 Chatsworth Street Sold | $777,000 | 3 | 2 | 1,129 | $688 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1927, this bungalow is well-maintained and features essential infrastructure upgrades like copper plumbing, a newer HVAC system, and an upgraded electrical panel. However, the interior is dated, with older kitchen cabinetry, tile countertops, and worn carpeting in the living areas. While functional and move-in ready, the property requires cosmetic updates and modernization to meet current market standards.
The expansive 12,000+ sqft flat lot with R2 zoning and alley access offers rare flexibility for ADUs, multi-unit development, or a significant home expansion.
The property features essential modern updates including copper plumbing, a newer HVAC system, and an upgraded 220V electrical panel, reducing immediate capital expenditure.
Situated in a sought-after Granada Hills neighborhood near the highly-rated Granada Hills Charter High School and downtown amenities, ensuring strong long-term value.
At only 952 square feet, the interior footprint is quite small for the price point, which may necessitate further investment to expand for modern living standards.
The detached garage is currently utilized as a workshop and requires improvement or reimagining, representing an immediate project for the buyer.
RARE GRANADA HILLS OPPORTUNITY...Tucked away on a beautiful tree-lined street, this charming 1928 2-bedroom, 2-bath bungalow sits on an expansive 12,000+ flat R2 lot with alley access, unlocking rare potential in one of Granada Hills' most sought-after neighborhoods. Whether you're looking to create your dream home, expand, add an ADU, or explore multi-unit possibilities (buyer to verify), this property offers the flexibility to bring your vision to life. Inside, you'll find timeless character paired with meaningful upgrades, including copper plumbing, a newer HVAC system, and an upgraded 220V electrical panel, providing comfort and peace of mind. The detached garage, currently used as a workshop/storage, is ready for improvement or reimagining. A custom steel gate secures alley access, adding both privacy and functionality. The oversized lot is a true standout and ideal for entertaining, expanding, developing, or maximizing long-term value. Located near downtown Granada Hills, top-rated schools, including Granada Hills Charter High School, plus popular shops, dining, and easy freeway access, this is a rare chance to own a property that blends charm, location, and long-term upside. Please do not disturb occupants.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 4% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 952 | 1,912 | 1% |
| Lot Size | 12,597 | 8,402 | 81% |
| Price | $899.0K | $1.07M | 23% |
| Price per sq ft | $944 | $565 | 99% |
| Built year | 1927 | 1960 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 154 | 1% |
Apr 15, 2026
$899,000
Initial Listing
Oct 21, 2009
$365,000
Public Record