$2,595,000
$100K PRICE DROP

17520 Kingsbury St Granada Hills, CA 91344

Estimated payment $16,968/month

Total Views 10,716
16 Beds
-- Bath
8,305 Sq Ft
$312 Price per Sq Ft

Highlights

  • Primary Bedroom Suite
  • 1.04 Acre Lot
  • Property is near a park
  • Valley Academy of Arts & Sciences Rated A-
  • Open Floorplan
  • Two Way Fireplace

About This Home

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 garage—17514 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 panels—the 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 possibilities—whether 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.

Listing Agent

Stephanie Vitacco

Equity Union License #00985615 Listed on: 03/04/2025

Equity Union

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1959

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 110 x 410
  • No Common Walls
  • Wrought Iron Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Garage
  • 12 Open Parking Spaces
  • 4 Attached Carport Spaces
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Single Garage Door
  • Shared Driveway
  • Guest Parking

Home Design

  • Turnkey
  • Planned Development
  • Frame Construction
  • Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 8,305 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Tray Ceiling
  • Ceiling Fan
  • Two Way Fireplace
  • Blinds
  • Bay Window
  • Sliding Doors
  • Panel Doors
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Center Hall

Kitchen

  • Gas Oven
  • Gas Range
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry Located Outside
  • Stacked Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Exterior Lighting
  • Property is near a park

Listing and Financial Details

  • Tax Lot 269
  • Tax Tract Number 9317
  • Assessor Parcel Number 2733017010
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 5 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $6,000
  • Maintenance Expense $7,770
  • Other Expense $7,238
  • Professional Management Expense $7,500
  • Supplies Expense $400
  • New Taxes Expense $31,140
  • Operating Expense $60,048
  • Gross Income $188,026
  • Net Operating Income $127,978

Property Details

Home Type

Apartment

Year Built

Built in 1959

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.70
  • Price Per Unit: 519000
  • Professional Management Expense: 7500.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Supplies Expense: 400.00
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 2733017010
  • Year Built: 1959
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Tray Ceiling(s)
  • Stories: 1
  • Entry Location: Front door
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Vinyl, Wood
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s), Panel Doors, Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Two Way
  • Price Per Square Foot: 312.46
  • Room Type: Center Hall, Family Room, Great Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Window Features: Bay Window(s), Blinds

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition, Tile
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Driveway, Asphalt, Garage, Garage Faces Front, Garage - Single Door, Guest, Private, Shared Driveway, Side by Side
  • Total Parking Spaces: 20.00
  • Uncovered Spaces: 12.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range, Gas Water Heater, Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage, Individual Room, Outside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Lot Over 40000 Sqft, Rectangular Lot, Park Nearby, Yard
  • Lot Size: 110 x 410
  • Lot Size Sq Ft: 45110.00
  • Lot Size Acres: 1.0356

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Telephone

Multi Family

  • Gross Income: 188026.00
  • Gross Scheduled Income: 188026.00
  • Insurance Expense: 6000.00
  • Lot Size Area: 45110.0000 Square Feet
  • Maintenance Expense: 7770.00
  • Net Operating Income: 127978.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Operating Expense: 60048.00
  • Other Expense: 7238.00
  • Other Expense Description: Utilitie
  • Rent Control: Yes
  • Total Expenses: 60048.00

Tax Info

  • New Taxes Expense: 31140.00
  • Tax Lot: 269
  • Tax Tract Number: 9317

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Price Changed $2,595,000 -3.7% $312 / Sq Ft
05/02/2025 05/02/25 For Sale $2,695,000 0.0% $325 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
04/02/2025 04/02/25 For Sale $2,695,000 0.0% $325 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $2,695,000 -- $325 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25048001

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Granada Hills 91344

17520 Kingsbury St, Granada Hills, CA

This home is located at 17520 Kingsbury St, Granada Hills, CA 91344 and is currently priced at $2,595,000, approximately $312 per square foot. This property was built in 1959. 17520 Kingsbury St is a home located in Los Angeles County with nearby schools including Granada Elementary School for Advanced Studies, Patrick Henry Middle School, and Valley Academy of Arts & Sciences.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Stephanie Vitacco
Listing Agent
Stephanie Vitacco
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Equity Union
(747) 488-4123