Thank you
Todd Schwartz
Summit Realty Inc
818-825-5100
We're baaaaaack! This beautiful end of the cul-de-sac property backs to the magnificent, and now flowing, Bull Creek in the highly desirable northeast valley area of Granada Hills. The home is currently occupied by very lovely tenants who may be inclined to move upon the close of escrow, or not. It is turnkey for the investor and a plug and play situation. The tenant is paying way, way below market rent at $1,850 monthly on a month-to-month rental agreement. The super site Zillow ''Zestimates'' the rent at $3,933 per month. The tenant pays for utilities and is responsible for the landscape maintenance. With the tenant in mind, there is no lock box, no sign, and no disturbing their quite enjoyment of this fabulous Horace St. home. We have included photos to highlight just how well-kept this property is. We have attached the current termite report, natural hazards report, preliminary title report, available permits, certificate of occupancy (LADBS), water conservation retrofit report, lead based paint report and remediation and, of utmost importance, a complete property inspection report from the highly respected and well know LaRocca Inspection Associates. The property is being sold in as-is, where-is condition and the buyer is to be responsible for termite clearance and retrofit items, if required and desired by purchaser or their lender.The roof is pitched composite, foundation is raised, garage is a separate structure, and the drive is concrete and humongous. Plenty of parking for additional vehicles or recreational vehicles, etc. The backyard is gated and fenced and features a large, concrete patio partially covered with an awning. There is an outdoor kitchen type structure with bar-b-que and refrigerator, tile counters and sink. Need to verify if it is hooked up or the tenants, or what. There was an additional porch patio area at the southwest corner of the main structure. It has been enclosed and actually resembles the rest of the structure, looks like a very decent job (though I am not an expert), and the room is being used as an office/bonus room. We did not find any permits for the enclosure.There are window air conditioners but there is also a central air compressor located in the back. The hardwood floors, which appear to be original, have been refinished and stained with something that resembles a walnut finish. Dark brown, which looks really, really nice. Very warm and cozy, if you will. Kitchen and bathrooms have linoleum type covering. Also, nice but could be upgraded.You may notice the truly amazing access to the 118 freeway. Residents can sit back with a cold drink and enjoy the soothing hum of interstate travel while taking in the Bull Creek waterfront and colorful work performed by local artisans. This is an amazing opportunity for first time home buyers or seasoned investors. It is not perfect, what is? However, it has been professionally maintained by an experienced investor/owner who clearly cares about a tenant's well-being and enjoyment. It is a fabulous starting point. The property is not going to be delivered vacant and will be subject to the tenant's rights per the month-to-month rental agreements. It is important to note that there are provisions that may allow for an owner to gain possession of a property for their own occupancy or for a family member.
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Total Bedrooms : 3
Total Baths: 2
Full Baths: 2
Half Baths: 0
Sewer : Public Sewer
Roof : Asphalt
Interior Features: Primary Suite
Property Appliances: Gas Cooking,Gas Water Heater,Range Hood
Fireplace: Family Room
Air Conditioning
Forced Air,Natural Gas
Has Heating
Fireplace Features: Family Room
Has Fireplace: 1
Year Built: 1956
Construction: Stucco
Roof: Asphalt
Raised
In Kitchen
Concrete
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1783
Lot Size Dimensions: Irregular
Lot Size Source: Public Records
Lot Size Square Feet: 7766
Original List Price: 746,000
Listing Contract Date: 2024-04-25
Parcel Number: 2680002020
Garage Description: Concrete,Door-Multi,Garage
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: GH - Granada Hills
Postal Code Plus 4: 5324
Zoning: LARS
Source Property Type: Residential
Area: GH - Granada Hills
Property SubType: Single Family Residence
Property Age: 68
Common Walls: No Common Walls
Structure Type: Single Family Residence
Year Built Source: Assessor
Total Square Feet Living: 1567
Entry Level: 1
Entry Location: Ground Level w/Steps
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
17900 Bull Canyon Road, Granada Hills, CA,91344 | $1,200,000 | -- | -- | -- | 913811 Sqft |
0 0 Sesnon, Granada Hills, CA,91344 | $448,000 | -- | -- | -- | 492387 Sqft |
Sesnon, Granada Hills, CA,91344 | $648,000 | -- | -- | -- | 650884 Sqft |
12970 Louise Avenue, Granada Hills, CA,91344 | $1,499,000 | 4 | 3 | 2,669 | 24674 Sqft |
18160 Knoll Hill, Granada Hills, CA,91344 | $1,500,000 | -- | -- | -- | 55241 Sqft |
18149 Knoll Hill, Granada Hills, CA,91344 | $1,150,000 | -- | -- | -- | 48161 Sqft |
11965 Cameo Place, Granada Hills, CA,91344 | $1,399,900 | 4 | 3 | 2,320 | 15346 Sqft |
11043 Haskell Avenue, Granada Hills, CA,91344 | $1,050,000 | 4 | 2 | 2,042 | 59753 Sqft |
11628 Balboa Boulevard, Granada Hills, CA,91344 | $1,149,000 | 5 | 3 | 2,134 | 7215 Sqft |
17764 Sidwell Street, Granada Hills, CA,91344 | $3,800,000 | 4 | 4 | 3,586 | 11011 Sqft |
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ByOwner last updated this listing 05/14/2024 @ 17:58
MLS: 224001566
LISTED BY: Todd Schwartz, Summit Realty Inc
SOURCE: CRMLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.