7515 Mcgroarty, Los Angeles, California 91042, Los Angeles, 91042 - 4 bed, 3 bath
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Los Angeles, California 91042
This High-Potential Investment Opportunity is listed at $1,275,000, positioned above the $1,111,291 Fair Market Value. While priced for its development upside, the property features a Mint Condition Rating following a high-end renovation. With pending permits for two ADUs and dual-street access, this asset offers significant long-term rental income potential. Located in a district with Top-Rated Schools like Mountain Avenue Elementary and Crescenta Valley High, it provides a rare blend of immediate livability and future growth. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7515 Mcgroarty Subject | $1,275,000* List Price | 4 | 3 | 1,928 | $576 | - |
A 7539 Valaho Drive Sold | $900,000 | 3 | 3 | 1,651 | $545 | 0.1 mi |
B 10554 Plainview Active | $1,100,000 List Price | 4 | 2 | 1,916 | $574 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1922, the property has undergone a complete high-end renovation within the last 5 years. It features a brand-new modern kitchen with stainless steel appliances, updated bathrooms, new wide-plank flooring, recessed lighting, and a new mini-split HVAC system, making it a mint-condition turnkey home.
Elementary School: Mountain Avenue Elementary School (9/10). Middle School: Rosemont Middle School (9/10). High School: Crescenta Valley High School (9/10).
The property features pending permits for two substantial ADUs—an 800 sqft unit and a two-story 3-bedroom unit—offering massive potential for rental income or multi-generational living.
The main 4-bedroom residence is beautifully remodeled and move-in ready, providing immediate modern livability and eliminating the need for initial renovation capital.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property was recently sold within the past year on 2025-11-10. The sold price is $707,000.00.
Constructing two large ADUs on a 7,348 square foot lot will significantly increase building footprint and reduce private outdoor space, potentially creating a crowded feel.
Beautifully remodeled and move-in ready, this spacious 4-bedroom, 3-bathroom home offers 1,928 square feet of modern living on a large, level lot with convenient dual access from Thousand Oaks Drive and McGroarty Street. Originally consisting of three separate parcels, this unique property presents outstanding potential for future redevelopment, expansion, or possible subdivision (buyer to verify with the appropriate authorities). Adding to its exceptional value, permits are currently pending for two additional ADUs: an approximately 800-square-foot single-story unit featuring 2 bedrooms and 2 bathrooms, as well as a two-story 1300sq, 3-bedroom, 3-bathroom unit. These planned additions create outstanding opportunities for rental income, multi-generational living, or long-term investment. Whether you're an investor, developer, or homeowner seeking flexibility and future upside, this turnkey property offers a rare combination of immediate livability, pending ADU plans, and tremendous development potential. Don't miss this exceptional opportunity!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,928 | 1,672 |
| Lot Size | 7,348 | 6,067 |
| Price | $1.27M | $1.37M |
| Price per sq ft | $661 | $801 |
| Built year | 1922 | 1939 |
| HOA | $0 | $348 |
| Days on market | 13 | 56 |
Jul 9, 2026
$1,275,000
Initial Listing
Nov 10, 2025
$707,000
Public Record