Listed by Jimmy Rashid•DRE #02130355• Berkshire Hathaway HomeServices California Properties
Contact: 424-209-9129
For sale
$3,300,000
Est. $22,529/mo —
12
bd
•
14.5 ba
•
6,000
sq ft
11348 Reseda, Porter Ranch, CA 91326
About this home
Brand-new 5-unit compound in Porter Ranch designed for multigenerational living, community-based housing, flexible residential use, and investment. Reimagined from a single-family lot, the property features two detached 3-bedroom, 3-bath homes and three 2-bedroom, 2-bath units across two additional structures, creating a low-density, campus-style setting that balances privacy with shared proximity. The layout is well suited for extended families, group living environments, or organizations seeking a residential setting that supports both independence and connection. Detached residences offer a single-family feel, enhancing livability and broad appeal. Currently under construction, this is an opportunity to acquire a newly developed asset with potential input on final finishes. Each unit is designed with open floor plans, contemporary kitchens, and efficient layouts aligned with modern living standards. As brand-new construction, the property offers all new systems, reduced maintenance requirements, and long-term operational efficiency, making it attractive for both owner-users and investors. The property will include five on-site parking spaces, including two covered, with additional street parking available. Conveniently located near shopping, dining, parks, freeway access, and major employment centers, this is a rare opportunity to acquire a versatile, newly constructed residential compound in one of the San Fernando Valley’s most desirable neighborhoods. Images have been digitally edited and/or are renderings and may not reflect the current condition of the property.
Porter Ranch, located between Chatsworth and Granada Hills, is a hillside and master-planned Los Angeles neighborhood with wide canyon views and trail-lined open space. The scene concentrates around the Porter Ranch Drive and Rinaldi Street corridor, where patios, boutiques, and a steady café-and-errands rhythm set the tone. The Vineyards at Porter Ranch anchors daily life with an open-air plaza feel, while the Porter Valley Country Club and the nearby Getty Center’s Sepulveda Pass presence add cultural and recreational gravity. Streets climb into newer stucco-and-tile homes, with pockets of larger lots near the foothills. Aliso Canyon Park and the Santa Susana Mountains frame the edges with big-sky hiking. The pace reads polished and outdoors-forward, with commutes flowing toward the 118 and 405.
Provided by Walk Score and Local Logic
Market insights
11348 Reseda · $3,300,000
DAYS ON MARKET
207 days
The average home goes pending in 59 days.
SALE-TO-LIST
99.1%
Most homes are selling 1% below list price.
LIST PRICE
$3,300,000
Median list price in this area is $722,145. (78% lower than this home)
PRICE DROP
1 price drop
22% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Two-level layout
Main entry on first floor
Main level bathrooms present
Walk-in closet
Bedrooms
Main floor bedroom
Bathrooms
12 full bathrooms
5 half bathrooms
5 bathrooms on main level
Kitchen
No appliances included
Laundry & utility
Laundry inside
Heating & cooling
Central heating (central furnace)
Central cooling
Exterior features
Guest house (detached)
No pool
Lot density about 2–5 units per acre
Has a view
Access via city streets with alley access
Sidewalks and suburban neighborhood setting
Home design
Multi-family property
Attached property
Two stories
End unit with one common wall
Parking
Total 5 parking spaces
2 carport spaces
3 uncovered spaces
Driveway and shared driveway available
Public parking nearby; see remarks
Construction
Roof listed as other
Construction materials listed as unknown
Foundation details: see remarks
Guest house detached (separate structure)
Total of 5 dwelling units
Utilities
Public sewer
District/public water
Natural gas connected
Financial info
Lease considered
Electricity and solar
View estimated energy costs and solar savings for this home
Brand-new 5-unit investment opportunity in desirable Porter Ranch. Reimagined from a single-family lot into a thoughtfully designed compound-style community, this unique property offers a rare combination of strong income potential, new construction benefits, and a highly versatile unit mix. The property includes two detached 3-bedroom, 3-bath homes and three 2-bedroom, 2-bath units across two additional structures, creating a low-density residential setting with added privacy and broad tenant appeal. Currently under construction, this is an exceptional opportunity to acquire a newly developed asset at an early stage, with the potential to influence final finishes. Designed for modern living, each residence will feature open floor plans, contemporary kitchens, and efficient, well-planned layouts attractive to today’s renters. As brand-new construction, the property offers the advantages of new systems, lower anticipated maintenance costs, and long-term operational efficiency, making it well suited for investors seeking a stable, turnkey addition to their portfolio. The flexible configuration also creates opportunities beyond traditional leasing, including multigenerational living, extended family occupancy, shared housing models, or organizations seeking a residential environment that supports both privacy and community. The property will provide five on-site parking spaces, including two covered, with additional street parking available. Conveniently located near shopping, dining, parks, freeway access, and major employment centers, this is a rare chance to acquire a newly constructed multifamily asset in one of the San Fernando Valley’s most sought-after submarkets. Images have been digitally edited and /or are digital renderings and not the current condition of the property.
BUILDIUM #1
Sep 26, 2024
Rental Removed
$3,600
$1/sq ft
Sep 10, 2024
Listed for Rent
$3,600
$1/sq ft
Aug 21, 2022
Price Changed
$3,550
$1/sq ft
CRMLS #SR17154361
Aug 8, 2017
Sold
$580,000
$97/sq ft
Jul 22, 2017
Pending
—
Jul 7, 2017
Listed
$549,999
$92/sq ft
Prime Porter Ranch Location, and within Award Winning Castlebay Lane and Granada Hills Charter High Schools and Convenient Access to Freeway, Shopping, Dining and Hiking Trails. This Private Single Story Home Sits up on a Knoll away from the Street and offers 3 Bedrooms, 2 Baths, a Step-Down Living Room with a Brick Fireplace, an Dining Area that Opens to a Bright Kitchen with Tiled Counters, Breakfast Bar, Recessed Lighting, and Pull-outs in the Cabinetry. Master Bedroom with Plantation Shutters, His & Her Closets and a Private Master Bath. There are Ample Sized Secondary Bedrooms and a Full Hall Bath. Nice Rear Yard with Covered Patio, Lawn Area and a Detached 2 Car Garage with Alley Access. Additional Amenities Include: Central Air & Heat, Indoor Laundry, Wood Floors, and So Much More! It’s a MUST See!
Public Records
Apr 28, 1977
Sold
$66,900
$11/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,207 (+1.2%)
$500,000 + $325,000
$825,000
2024
$8,107 (+1.9%)
$474,471 + $185,463
$659,934
2023
$7,953 (+4.8%)
$465,168 + $181,827
$646,995
2022
$7,587 (+1.2%)
$456,048 + $178,262
$634,310
2021
$7,494 (−1.0%)
$447,106 + $174,767
$621,873
2020
$7,568 (+4.1%)
$438,340 + $171,341
$609,681
2019
$7,273 (+1.2%)
$433,846 + $169,585
$603,431
2018
$7,186 (+291.4%)
$425,340 + $166,260
$591,600
2017
$1,836 (+3.0%)
$37,400 + $95,928
$133,328
2016
$1,782 (+1.3%)
$37,400 + $95,928
$133,328
2015
$1,759 (−0.9%)
$36,667 + $94,048
$130,715
2014
$1,775 (−1.3%)
$35,410 + $90,822
$126,232
2012
$1,798 (+2.7%)
$35,250 + $90,412
$125,662
2011
$1,750 (−1.0%)
$34,559 + $88,640
$123,199
2010
$1,768 (+3.5%)
$33,882 + $86,902
$120,784
2009
$1,708 (+3.9%)
$33,629 + $86,253
$119,882
2008
$1,644
$33,709 + $86,458
$120,167
Public record
Public record
Permits
Beds
3
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
7,821 Sq. Ft.
Year renovated
1965
Finished Sq. Ft.
1,378
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,378
Year built
1965
Style
Single Family Residential
County
Los Angeles County
APN
2870012006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
Feb 27, 2026 • Final
Bldg-alter/repair
Revise the ceiling height and building height as a supplement to an existing permit.
Remodel
Feb 26, 2026 • Active
Electrical
Install a temporary electrical service pole.
Electrical
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.
Local insights from Redfin agents
The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
20% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 100° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
10 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Porter Ranch, CA • 91326
Average low and high temperatures (°F)
69
51
72
51
76
52
75
52
79
56
86
60
92
63
95
66
89
64
85
57
72
52
72
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
This home ranks in the top 27% for direct sun exposure in Porter Ranch. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 11348 Reseda
$3,131,034
$169K under list price of $3.30M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.2M to $1.9M.