$1,149,000

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.