17619 Rinaldi Street, Granada Hills, California 91344, Granada Hills, 91344 - 7 bed, 6 bath
ACTIVE$1,289,000
17619 Rinaldi Street, Granada Hills, California 91344
7Beds
6Baths
3,500Sqft
33,775Lot
Year Built
1922
Close
-
List price
$1.29M
Original List price
$1.29M
Price/Sqft
$368
HOA
-
Days on market
-
Sold On
-
MLS number
SR25109053
Home ConditionTear down
Features
Excellent View: City Lights, Mountain(s), Neighborhood, Valley
Deck
Pool
Patio
ViewCity Lights,Mountain(s),Neighborhood,Valley
About this home
We found 3 Cons,7 Pros. Rank: price - $1.29M(73th), sqft - 3500(93th), beds - 7(97th), baths - 6(97th).
Incredible opportunity in Prime Granada Hills neighborhood. Teardown sitting on just under 34,000 sqft of land with endless VIEWS. Seller has approved architectural plans RTI for brand new modern 2300 sqft main home a 1200 ADU. Photos listed are the renderings of the future home. Rare opportunity in a beautiful neighborhood. Ideal for an investor or a owner user.
Nearby schools
6/10
Tulsa Street Elementary School
Public,•K-5•1.6mi
7/10
Andasol Avenue Elementary School
Public,•K-5•1.8mi
9/10
Mayall Street Elementary School
Public,•K-5•2.2mi
7/10
Haskell Elementary School
Public,•K-5•2.5mi
5/10
Danube Avenue Elementary School
Public,•K-5•2.5mi
9/10
Vintage Math/Science/Technology Magnet School
Public,•K-5•3.0mi
3/10
El Dorado Avenue Elementary School
Public,•K-5•3.3mi
4/10
Herrick Avenue Elementary School
Public,•K-5•3.9mi
6/10
Wiley Canyon Elementary School
Public,•K-6•7.0mi
9/10
Robert Frost Middle School
Public,•6-8•1.0mi
5/10
Patrick Henry Middle School
Public,•6-8•1.4mi
7/10
George K. Porter Middle School
Public,•6-8•2.5mi
4/10
Olive Vista Middle School
Public,•6-8•4.4mi
9/10
Rancho Pico Junior High School
Public,•7-8•9.5mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•1.6mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•1.7mi
6/10
John F. Kennedy High School
Public,•9-12•1.7mi
7/10
Northridge Academy High
Public,•9-12•2.4mi
10/10
West Ranch High School
Public,•9-12•9.6mi
Price History
Date
Event
Price
05/15/25
Listing
$1,289,000
Condition Rating
Tear down
The MLS description explicitly states that the existing 1922-built property is a 'Teardown.' The provided images are architectural renderings of a future home, not photos of the current structure. The property's value is based on the land and approved plans for new construction, indicating the current dwelling is beyond repair and requires demolition.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33775, living area = 3500.
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).
Expansive Lot Size: The property boasts a substantial lot size of nearly 34,000 sqft, offering significant space for a large custom home, ADU, and extensive outdoor amenities.
Approved Architectural Plans (RTI): Seller has secured Ready-To-Issue (RTI) architectural plans for a modern 2300 sqft main home and a 1200 sqft ADU, significantly de-risking and expediting the development process.
Panoramic Views: The property offers 'endless VIEWS' including City Lights, Mountains, Neighborhood, and Valley, providing a premium aesthetic and enhancing future property value.
Prime Location: Situated in a 'Prime Granada Hills neighborhood,' indicating a desirable area with strong market demand and potential for appreciation.
High Development Potential: The approved plans for a new main residence and an Accessory Dwelling Unit (ADU) offer excellent potential for a high-value custom home or an investment property with rental income.
Cons
Teardown Condition: The existing 1922-built structure is explicitly a 'teardown,' requiring demolition and associated costs before any new construction can commence.
Significant Additional Investment: The listed price covers the land and approved plans; buyers must be prepared for a substantial additional capital outlay for the complete construction of the new main home and ADU.
Extended Development Timeline: Despite having RTI plans, the project involves a complete new build, which will require a lengthy construction period, potential delays, and ongoing project management.