Property listed by NextHome Grandview, Michael Zargarian 310-720-9231
$1,599,999
Exceptional investment opportunity in the heart of Granada Hills! This newly remodeled single-family residence is accompanied by two ADUs, offering incredible income potential and flexibility for investors alike.
The main residence at 15952 Simonds St features approximately 1,200 sq ft with 3 bedrooms and 1.5 bathrooms, thoughtfully updated and currently tenant-occupied.… Read More The attached Jr. ADU (15950 Simonds St) offers approximately 550 sq ft with 1 bedroom and 1 bathroom, newly built and now leased. The detached ADU (15954 Simonds St) is a standout, offering approximately 1,200 sq ft with 3 bedrooms and 2 bathrooms, newly constructed with high ceilings, modern finishes, and excellent rental appeal — also fully leased.
With all three units newly remodeled or newly built and currently tenant-occupied, this property delivers immediate cash flow with established rental income in place. Investor projections previously indicated the potential to generate $9,200 per month, and the property is now operating as a stabilized, income-producing asset.
A rare opportunity to own a turn-key multi-unit property on one lot in a desirable Granada Hills location close to schools, shopping, dining, and freeway access — ideal for investors or 1031 exchange buyers seeking strong income and long-term appreciation, or owner-occupants looking to offset their mortgage with rental income. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
SingleFamilyResidence
Beds
7
Full Baths
5
Square Ft.
2,950
Lot Size
0.19 Acres
Year Built
1955
MLS Number
GD26037401
Additional Details
Building
Built in 1955, Living area: 2950.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: front
Based on information from California Regional Multiple Listing Service, Inc. as of 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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