Heavy Fixer / Tear-Down Exceptional Development or Renovation Opportunity in Prime Granada Hills | Cash Only. Tucked away on an expansive flag lot in one of Granada Hills' most desirable neighborhoods, this double gated property offers a rare opportunity for an end-user, builder, or investor to create something truly special. The property is a heavy fixer/tear-down and will require a cash or hard-money purchase. A private circular driveway, mature landscaping, and generous lot provide an exceptional setting to reimagine the existing property or develop a custom residence from the ground up. For an end-user, the expansive lot offers the opportunity to create a private dream estate tailored to your lifestyle, with ample room for indoor-outdoor living, entertaining, a pool, and additional amenities. For developers and investors, the substantial lot size presents exciting possibilities, including the potential for 13 ADUs, subject to buyer verification of all applicable city requirements and regulations. Ideally located near top-rated public and private schools, scenic parks, hiking trails, shopping, dining, and major freeways including the 118 and 405, the property combines privacy and tranquility with convenient access to everything Granada Hills has to offer. A rare opportunity to transform a private, oversized lot into a spectacular personal residence or capitalize on a promising redevelopment project. BLIND OFFERS WILL NOT BE RESPONDED TO.
Single-familyProperty Type
1948Year Built
0.43 acresLot Size
$580Price/Sq.Ft.
4 spacesParking
Listed by Anita Stephan•DRE #01493467• Carolwood Estates
Granada Hills North, located between the Santa Susana Mountains and the 118 Freeway, is a residential and hillside Los Angeles neighborhood with equestrian pockets and wide, view-facing streets. The neighborhood’s character concentrates around Chatsworth Street near Zelzah Avenue, where small taquerias, bakeries, and service storefronts line a low-slung commercial strip. Community pillars include the historic Granada Hills Veterans Park, the Granada Hills Recreation Center, and the nearby Odyssey Theatre Ensemble for live performances. Ranch-style homes and mid-century builds sit alongside larger lots, with some streets marked by horse trails and corrals. Bee Canyon Park and O’Melveny Park frame the area with chaparral paths and big-sky overlooks. The pace reads calm and outdoors-oriented, with local errands and weekend hikes shaping daily routines.
Provided by Walk Score and Local Logic
Offer insights
17823 Rinaldi St · $975,000
$991K and above
75% chance or better to win
Why $991K+ is a strong offer
DAYS ON MARKET
47 days
The average home goes pending in 45 days.
SALE-TO-LIST
99.9%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Other room
Bathrooms
2 full bathrooms
Laundry & utility
No laundry (none on-site)
Flooring
Other flooring
Heating & cooling
Other heating
Other cooling
Exterior features
In-ground pool
Gated property
Home design
Detached single-family home
One level
Parking
Driveway
Gated garage access
Total of 4 parking spaces
Security
Gated
Construction
Detached/no common walls
Financial info
Cash offers only
Other
Property listed in fixer / tear down condition
Electricity and solar
View estimated energy costs and solar savings for this home
Construct a new retaining wall. The work must comply with department orders.
Grading
Feb 12, 2023 • Active
Grading
Perform grading work for a new retaining wall in compliance with department orders.
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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