17520 Kingsbury St - Apartments FOR SALE


Granada Hills, CA 91344- Granada Hills South
$2,695,000 USD
818-576-1685
17520 Kingsbury St, Granada Hills, CA for Sale
$2,695,000 USD
Apartments - FOR SALE
1/52
null | 4.65% Cap Rate

17520 Kingsbury St
Granada Hills, CA 91344
Granada Hills South


HIGHLIGHTS

  • Over 1 acre lot
  • All units with central HVAC, laundry, and parking
  • ADU potential
  • Vacant unit for owner if desired

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,695,000 USD

PRICE/SF

$325 USD /SF

# OF UNITS

5

PRICE/UNIT

$539,000

CAP RATE

4.65%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

LAR1

APN/PARCEL ID

2733-017-010

ASK ABOUT THIS PROPERTY

Stephanie VitaccoEquity Union Real EstateMore Info
818-576-1685

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Stephanie VitaccoEquity Union Real EstateMore Info
818-576-1685

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.