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17520 Kingsbury Street, Granada Hills, CA 91344
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17520 Kingsbury Street
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  • MLS#: SR25047895 ( Multi Family )
  • Street Address: 17520 Kingsbury Street
  • Viewed: 1
  • Price: $2,695,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 0
  • Days On Market: 75
  • Additional Information
  • County: LOS ANGELES
  • City: Granada Hills
  • Zipcode: 91344
  • Provided by: Equity Union
  • Contact: Stephanie Stephanie
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Presenting a unique investment opportunity: a 1.035 acre property featuring five individual houses, each with its own yard and parking, thoughtfully arranged to create a picturesque, village like setting within the Granada Hills Charter High School boundaries. The front house (17520) boasts 4 bedrooms, 3 bathrooms, nearly 3,000 sq ft of living space, and a 4 car carport. The four additional homes each feature 3 bedrooms, 2 bathrooms, and a private 1 car garage17514 and 17518 offer 1,215 sq ft, while 17516 and 17518 1/2 provide a more spacious 1,464 sq ft. All residences are equipped with central air and heating, private laundry facilities, separate gas and electric meters, and updated electrical panelsthe main house's upgrade occurred between 2003 2007, with all others updated in 2024. Recent enhancements include new roofs for 17514, 17516, and 17518 within the past year, along with water sub meters. Currently, all houses are rented except for 17518, offering the new owner the flexibility to occupy or lease it. The expansive vacant land at the rear of the lot presents exciting possibilitieswhether exploring the potential to add ADUs under the city's high density zoning (buyer to verify) or enhancing the community with a pool, community garden/park, and/or other desirable amenities for residents. This property seamlessly blends immediate rental income with significant expansion potential, making it an exceptional investment prospect.
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Features
Accountingtype
  1. ProForma
Assetclass
  1. Multi-Family
Building Area Total
  1. 8305.00
Carport Spaces
  1. 4.00
Commoninterest
  1. None
Construction Materials
  1. Frame
  2. Stucco
Cooling
  1. Central Air
Country
  1. US
Current Use
  1. Investment
  2. Multi-Family
Fencing
  1. Wrought Iron
Heating
  1. Central
Insurance Expense
  1. 6000.00
Land Use
  1. Multi-Family
Laundry Features
  1. In Garage
  2. Individual Room
  3. Outside
  4. See Remarks
  5. Stackable
Netoperatingincome
  1. 125172.00
Otherexpense
  1. 7238.00
Parcel Number
  1. 2733017010
Postalcodeplus4
  1. 6027
Professionalmanagementexpense
  1. 7500.00
Property Type
  1. Multi Family
Roof
  1. Composition
  2. Tile
Suppliesexpense
  1. 400.00
Totalbuildingnra
  1. 8305
Totalexpenses
  1. 61248.00
Totalmonthlyrent
  1. 11680
Uncovered Spaces
  1. 12.00
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
  3. Sewer Connected
  4. Water Connected
Water Source
  1. Public
Year Built
  1. 1959
Year Built Source
  1. Assessor