New roofNew kitchen and cabinetsBright open layoutNew double-glazed windows
Exceptional investment opportunity or multigenerational compound in one of Granada Hills' most desirable quiet streets. This unique property offers TWO completely renovated homes on a single 12,600 sq ft lot — live in one, rent the other, or collect income from both.
——————————————————————
FRONT HOUSE — 17028 Los Alimos St
3 Bedrooms | 1 Full Bath + 1 Three-Quarter Bath | ~1,200 sq ft
——————————————————————
• Bright, open layout with brand-new kitchen, cabinets, and finishes throughout
• Sparkling private pool — perfect for California outdoor living
• Attached 2-car garage (~400 sq ft)
• 5+ additional off-street parking spaces in front
• Central A/C and heating
——————————————————————
REAR HOUSE — 17032 Los Alimos St
2 Bedrooms | 1 Full Bath | ~900 sq ft
——————————————————————
• Fully self-contained with its own attached 1-car garage and 2 more in the yard
• Private gated entrance from rear alley — complete privacy and independence
• Central A/C and heating
——————————————————————
BOTH HOMES FULLY RENOVATED IN 2020
each have electrical and gas meter, one city water meter and one analog meter installed for 17032
——————————————————————
? New roof
? New electrical panels, wiring & fixtures
? New plumbing fixtures
? Tankless water heater + standard water tank
? New double-glazed windows
? New interior walls & flooring
? New kitchen & cabinets
? New interior & exterior doors
? New central A/C & heating systems
——————————————————————
ASSUMED ADU EXPANSION — UP TO 2 ADDITIONAL UNITS
(Buyer to confirm with LADBS prior to close)
——————————————————————
With two separately addressed dwellings (17028 & 17032) on one parcel, this property is assumed to qualify as a multifamily lot under California law. Under current state ADU regulations (SB 1211), multifamily lots are assumed to be eligible to add up to 2 additional detached ADUs — bringing the total to as many as 4 income-producing units on this lot.
ASSUMED POTENTIAL — 4 TOTAL UNITS:
• 17028 — Front house (existing, 3 bed / 1.75 bath)
• 17032 — Rear house (existing, 2 bed / 1 bath)
• ADU #1 — To be built (assumed eligible, ~800 sq ft)
• ADU #2 — To be built (assumed eligible, ~800 sq ft)
NOTE: ADU eligibility, count, and sizing are assumed based on current California state law and have NOT been verified with LADBS. Buyer is responsible for confirming ADU permitting allowances with the Los Angeles Department of Building and Safety (LADBS) and a licensed architect prior to close of escrow. Seller makes no guarantees regarding ADU approval.
——————————————————————
INVESTMENT SNAPSHOT
——————————————————————
• Current estimated rent (2 units): $7,000–$8,500+/mo
• Assumed potential rent (4 units): $12,000–$15,000+/mo
• Currently tenant-occupied — tenants interested in staying
• Immediate income from day one
• Separately addressed: 17028 & 17032
• 3 total garage spaces + 5+ off-street parking spaces
Quiet, well-kept residential street in Granada Hills. Close to shopping, dining, top-rated schools, and the 118/405 freeways.
Total living area: ~2,100 sq ft | Lot: ~12,600 sq ft
Offered at $1,599,000 — two fully renovated income-producing homes with assumed potential to build two more.
property is sold "as is"
What the owner loves about this home
PLEAS DO NOT DISTURBE THE TENANTS! VIEW BY APPOINTMENT ONLY.
61 days
|
598
|
10
|
Listed by:
Property Owner(323) 898-5670
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Full bathrooms: 2
3/4 bathrooms: 1
Heating
Heat pump, Gas
Cooling
Central
Appliances
Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.