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$1,149,000
Est. payment /mo
10,502 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26213222
HOA Y/N No
Year Built 1953
Lot Size 10,502 Sqft
Property Sub-Type Quadruplex
Property Description
Incredible investment and development opportunity in the heart of Granada Hills! Two duplexes totaling four 1-bedroom, 1-bath units sit on an expansive 10,500+ sq. ft. lot and include two detached two-car garages. The property offers tremendous potential for an investor or developer looking to capitalize on the generous lot size and existing improvements.
The two existing garage structures may provide an opportunity to explore the addition of two units, potentially creating a six-unit configuration. Buyer to independently verify all development potential, zoning, permits, and requirements with the appropriate agencies.
Recent improvements include upgraded electrical systems and new panels brought up to current code and the exterior was updated with new wood/Tyvek and painted in 2022. Three of the four units feature waterproof faux-wood laminate flooring and freshly painted interiors.
Located within walking distance to grocery stores, restaurants, shopping, and everyday conveniences, this property offers a rare combination of a substantial lot, four existing units, significant garage space, and future development possibilities in a desirable Granada Hills location. An opportunity worth exploring for investors and developers looking for their next value-add project.
The two existing garage structures may provide an opportunity to explore the addition of two units, potentially creating a six-unit configuration. Buyer to independently verify all development potential, zoning, permits, and requirements with the appropriate agencies.
Recent improvements include upgraded electrical systems and new panels brought up to current code and the exterior was updated with new wood/Tyvek and painted in 2022. Three of the four units feature waterproof faux-wood laminate flooring and freshly painted interiors.
Located within walking distance to grocery stores, restaurants, shopping, and everyday conveniences, this property offers a rare combination of a substantial lot, four existing units, significant garage space, and future development possibilities in a desirable Granada Hills location. An opportunity worth exploring for investors and developers looking for their next value-add project.
Location
State CA
County Los Angeles
Area Gh - Granada Hills
Interior
Heating Wall Furnace
Flooring Vinyl
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Urban, Valley
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 4
Private Pool No
Building
Lot Description Sprinklers None
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2733009013
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by Renu Singh Pinnacle Estate Properties 818-516-7368, DRE #00969175
NEARBY SCHOOL & BUSINESS
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