556 Harps Street, San Fernando, California 91340, San Fernando, 91340 - 5 bed, 3 bath
556 Harps Street
San Fernando, California 91340
Property Price
SUMMARY
Analysis of 556 Harps Street, San Fernando, California 91340 reveals a property with a current list price of $940,000, which is 3% above the estimated $908,105 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Fernando Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 556 Harps Street Subject | $940,000* List Price | 5 | 3 | 2,024 | $449 | - |
A 613 N Meyer Street Sold | $865,000 | 3 | 3 | 1,868 | $463 | 0.5 mi |
B 13966 Fox Street Sold | $750,000 | 3 | 2 | 1,431 | $524 | 0.9 mi |
C 1106 Orange Grove Avenue Sold | $800,000 | 4 | 2 | 1,768 | $452 | 0.7 mi |
D 550 Fermoore Active Under Contract | $899,000 List Price | 3 | 2 | 2,238 | $402 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1941, this property is explicitly described as needing 'cosmetic updates' and offers an 'opportunity to build equity and personalize.' While the exterior appears maintained, the significant age of the home (83 years) combined with the stated need for updates strongly suggests that interior components, particularly the kitchen and bathrooms, are outdated in style and features. Without interior images, a detailed assessment of these crucial areas is impossible, but the description aligns with a property that is functional but requires minor updates and modernization to meet current standards. It does not appear to have major structural defects that would categorize it as 'poor' or 'tear-down', but it is certainly not 'good' or 'excellent' given its age and the explicit need for cosmetic work.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Potential & Alley Access
The detached garage with ADU potential and convenient alley access offers significant value for rental income or extended living arrangements.
- Flexible Living Space
Beyond the public record, the property includes 2 bonus rooms, providing versatile options for larger families, home offices, or guest accommodations.
- Prime San Fernando Valley Location
Situated in a sought-after, well-established neighborhood in the San Fernando Valley, enhancing desirability and long-term value.
CONSRISKS & DEFICIENCIES
- Requires Cosmetic Updates
The property explicitly needs cosmetic updates, implying additional investment and effort for the buyer to modernize the aesthetics.
- Older Construction (1941)
Built in 1941, the home may require updates to older systems or infrastructure beyond just aesthetics, potentially leading to higher maintenance costs.
- Leased Solar Panels
While beneficial for energy, the leased nature of the solar panels means the new owner does not own the system outright, which can sometimes complicate financing or transfer processes.
About 556 Harps Street
Opportunity in Prime San Fernando Valley – 3 Bed / 3 Bath with 2 Bonus Rooms & ADU Potential! Welcome to this spacious home located in one of the most sought-after areas of the San Fernando Valley. Public records show 3 bedrooms and 3 bathrooms, but the property includes 2 additional bonus rooms, currently being used as bedrooms—offering flexibility for larger families, a home office, or guest space. This property also features: Leased solar panels – credits can be transferred to the new owner. Detached garage with ADU potential – ideal for rental income or a guest house. Alley access – convenient and private. Ample space and layout perfect for customization While the home may need some cosmetic updates, it presents a fantastic opportunity to build equity and personalize your dream home in a well-established neighborhood. Don’t miss out on this rare find with tons of potential!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 6,896 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 3.0 | 2.0 | 83% |
| Square foot | 2,024 | 1,344 | 97% |
| Lot Size | 6,896 | 6,379 | 66% |
| Price | $940.0K | $750.0K | 90% |
| Price per sq ft | $464 | $547 | 28% |
| Built year | 1941 | 1952 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 234 | 203 | 76% |
Pricing History
Listed for Sale
Jan 6, 2026
$940,000
$950,000
-1% Price Drop
Initial Listing
Price Change
Jul 15, 2025
$950,000
Initial Listing