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Listed by Renu Singh, DRE #00969175 • Pinnacle Estate Properties
$ 1,125,000
Est. payment | /mo
10,503 Sqft Lot
$ 1,125,000
Est. payment | /mo
10,503 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26213222
Year Built 1953
Lot Size 10,503 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
REDUCED $25,000 REDUCED!!!!! This is your chance. 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 look
Location
State CA
County Los Angeles
Area Gh - Granada Hills
Interior
Heating Wall Furnace
Laundry None
Exterior
Garage Spaces 4.0
Pool 31, None
View None
Roof Type Composition
Building
Story One Story
Water District - Public
Others
Tax ID 2733009013
Special Listing Condition Not Applicable
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