17615 Kingsbury, Granada Hills, CA 91344

$1,149,000

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List Price
$1,149,000
Status
ACTIVE UNDER CONTRACT
Days on Market
20
MLS#
SR26213222
Subtype
Residential Income
Year Built
1953
Lot Size
10,503
Acres
0.24
MLS Area Major
Granada Hills (GH)

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.

Additional Information

Flooring
Vinyl
Heating
Wall Furnace
Stories
One Level
Levels
One
Roof
Composition
Pool Type
None
Garage Spaces
4
View
None

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Listing courtesy of Listing Agent: Renu Singh (renu@renusingh.com) from Listing Office: Pinnacle Estate Properties.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.