8421 Grenoble, Sunland, California 91040, Sunland, 91040 - 3 bed, 2 bath

8421 Grenoble, Sunland, California 91040 home-pic-0
ACTIVE UNDER CONTRACT$699,999
8421 Grenoble, Sunland, California 91040
3Beds
2Baths
1,160Sqft
6,255Lot

Price Vs. Estimate

The estimated value ($672,876.425) is $27,122.575 (3%) lower than the list price ($699,999). This property may be overpriced.

Key pros and cons

Top Pros:
Significant Renovation Potential: Explicitly marketed as a 'fixer-upper with huge potential' and a 'perfect canvas,' this property offers an excellent opportunity for investors, contractors, or visionary homeowners to customize and add substantial value.
Top Cons:
Extensive Renovation Required: As a 'fixer-upper,' the property will require significant capital investment and time for necessary repairs, upgrades, and modernization to meet contemporary standards and buyer expectations.

Compared to the nearby listings

Price:$700.0K vs avg $960.0K ($-260,001)13%
Size:1,160 sqft vs avg 1,480 sqft23%
Price/sqft:$603 vs avg $60949%

More Insights

Built in 1939 (86 years old).
Condition: Built in 1939, this property is explicitly marketed as a 'fixer-upper' requiring 'extensive renovation.' The property analysis confirms its 'advanced age' and the likelihood of 'original or outdated major systems' needing costly replacement. While no interior images are provided, the description strongly implies that the kitchen and bathrooms, along with other major components, are in poor, outdated condition and require substantial repairs and rehabilitation to meet modern standards. The exterior images show an unkempt yard and dated features, reinforcing the need for significant investment.
Year Built
1939
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$603
HOA
-
Days on market
-
Sold On
-
MLS number
SR25246777
Home ConditionPoor
Features
Patio
View-

About this home

Opportunity Knocks! Fixer-Upper with Huge Potential. Discover the possibilities with this charming single-story 3-bedroom, 2-bath home nestled on a generously sized, buildable lot. Whether you're an investor, contractor, or visionary homeowner, this property offers the perfect canvas to create your dream space

Nearby schools

6/10
Sunland Elementary School
Public,K-50.2mi
5/10
Apperson Street Elementary School
Public,K-50.7mi
5/10
Brainard Elementary School
Public,K-52.9mi
5/10
Stonehurst Avenue Elementary School
Public,K-53.1mi
5/10
Mt. Gleason Middle School
Public,6-80.9mi
3/10
Charles Maclay Middle School
Public,6-85.2mi
6/10
Verdugo Hills Senior High School
Public,9-121.1mi
Condition Rating
Poor

Built in 1939, this property is explicitly marketed as a 'fixer-upper' requiring 'extensive renovation.' The property analysis confirms its 'advanced age' and the likelihood of 'original or outdated major systems' needing costly replacement. While no interior images are provided, the description strongly implies that the kitchen and bathrooms, along with other major components, are in poor, outdated condition and require substantial repairs and rehabilitation to meet modern standards. The exterior images show an unkempt yard and dated features, reinforcing the need for significant investment.
Pros & Cons

Pros

Significant Renovation Potential: Explicitly marketed as a 'fixer-upper with huge potential' and a 'perfect canvas,' this property offers an excellent opportunity for investors, contractors, or visionary homeowners to customize and add substantial value.
Generous & Buildable Lot: The 'generously sized, buildable lot' provides ample space for potential expansion, extensive landscaping, or the addition of an Accessory Dwelling Unit (ADU), enhancing future utility and market value.
Desirable Single-Story Layout: The 3-bedroom, 2-bath single-story configuration is highly sought after, offering broad appeal for various buyer demographics, including families and those seeking accessible living.
Established Sunland Location: Situated in Sunland, a part of Los Angeles, the property benefits from a stable real estate market and convenient access to urban amenities and services.
Good Local School Ratings: Proximity to well-rated public schools, including Sunland Elementary (6/10) and Verdugo Hills Senior High (6/10), is a strong advantage for families with school-aged children.

Cons

Extensive Renovation Required: As a 'fixer-upper,' the property will require significant capital investment and time for necessary repairs, upgrades, and modernization to meet contemporary standards and buyer expectations.
Advanced Age of Property: Built in 1939, the home is likely to have original or outdated major systems (e.g., electrical, plumbing, HVAC, roof) that will require costly replacement or major overhaul in the near future.
Lack of Desirable Views: The property explicitly states 'view: None,' which may be a disadvantage in a market where properties with scenic outlooks often command higher prices and are a key selling point.

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