
Granada Hills, California 91344
This Quadruplex Residential Income Asset represents a High-Potential Investment Opportunity, listed at $1,350,000—positioned above the $1,096,346 Fair Market Value. Despite the premium, the property offers significant Value-Add Potential through the construction of two additional units on the large lot. With a Good Condition Rating following 2022 exterior and electrical upgrades, this asset ensures immediate rental viability. Proximity to Top-Rated Schools like Robert Frost Middle and Mayall Street Elementary enhances long-term tenant demand. This is an ideal acquisition for Buy-and-Hold Investors or Portfolio Developers seeking density expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17615 Kingsbury Subject | $1,350,000* List Price | 0 | 0 | 2,000 | $548 | - |
A 17525 Kingsbury Pending | $999,950 List Price | 0 | 0 | 1,850 | $541 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1953 build date, the property qualifies as Good due to significant recent capital improvements: a 2022 exterior refresh (siding and paint), updated electrical systems to current code, and interior updates (flooring/paint) in three of the four units, making it move-in ready.
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 offers a rare opportunity to increase density and cash flow by constructing two additional units where the garages currently stand, potentially bringing the total to six units.
Major upgrades including new electrical panels to current code, a 2022 exterior refresh, and interior renovations in three units significantly reduce immediate deferred maintenance costs.
With a total of 2,000 square feet across four units, the average unit size is approximately 500 square feet, which may limit the appeal to tenants seeking more spacious living quarters.
While electrical and cosmetic updates have been made, the 1953 original construction may still involve aging plumbing or foundation elements typical of properties from this era.
Two Duplexes (4 units) on large lot with two four car garages. Can build additional two units where garages currently sit for a total of six units. New electrical upgrades/new panels and up to current code. Exterior has been updated with new wood/tyvek and painted in 2022. Three of the units have had (faux wood) waterproof laminate installed and newly painted interior. Walking distance to grocery stores, restaurants and shopping.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.4 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.5 |
| Baths | 0.0 | 4.5 |
| Square foot | 2,000 | 2,580 |
| Lot Size | 10,503 | 7,203 |
| Price | $1.35M | $1.19M |
| Price per sq ft | $675 | $490 |
| Built year | 1953 | 1954 |
| HOA | $0 | $0 |
| Days on market | 29 | 69 |
Jun 23, 2026
$1,350,000
Initial Listing
Oct 31, 2001
$250,000
Public Record