11138 Collett, Granada Hills, CA 91344
11138 Collett, Granada Hills, CA 91344
11138 Collett, Granada Hills, CA 91344
11138 Collett, Granada Hills, CA 91344
11138 Collett, Granada Hills, CA 91344
11138 Collett, Granada Hills, CA 91344
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$ 1,099,000
Est. payment | /mo

5 Beds

5 Baths

3,700 SqFt


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$ 1,099,000
Est. payment | /mo
Save

5 Beds

5 Baths

3,700 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,700 sqft

Price per Sqft $297

MLS Listing ID SR26128327

Bedrooms 5

Full Baths 5

HOA Y/N No

Year Built 1955

Lot Size 7,627 Sqft

Property Sub-Type Single Family Residence

Property Description

***11138 Collett Ave, Granada Hills, CA 91344 ***Exceptional Investment & Value-Add Opportunity!! Opportunities like this are rare in one of Granada Hills' most sought-after neighborhoods. Featuring a pool, spa, paid-off solar panels at closing, tremendous flexibility, and significant income-producing potential, this unique property sits on an approximately 7,677-square-foot lot and offers approximately 3,700 square feet of living space according to available permits. Whether you're an investor seeking multiple income opportunities, a multi-generational family in need of additional living space, or an owner-user looking to maximize long-term value, this property delivers exceptional versatility. The solar system, installed in 2017 and scheduled to be paid off through escrow, provides immediate energy savings and enhances the property's overall value, making this a truly compelling opportunity in today's market.

The main residence offers approximately 2,372 square feet with 3 bedrooms and 3 bathrooms, including two en-suite bedrooms, a spacious kitchen, formal dining area, large family room, and generous living room. What truly sets this property apart is the independently accessible second floor, built in 2009, offering approximately 1,328 square feet with its own entrance, 1 bedroom, 1 bathroom, laundry area, and tremendous potential for an ADU, guest quarters, executive home office, or income-producing rental unit (buyer to verify all possibilities). Opportunities like this are increasingly difficult to find in today's market.

Adding even more upside, the approximately 478-square-foot garage includes a studio-style space and a full bathroom, creating potential Junior ADU possibilities and additional value-add opportunities. Complete with a sparkling pool and spa, highly rated schools, and a prime Granada Hills location, this property offers multiple paths for future appreciation, rental income, multi-generational living, or owner occupancy. Whether you're an investor seeking strong upside potential or a homeowner looking for flexibility and future income opportunities, 11138 Collett Ave is a property you do not want to miss. The property does require some TLC and cosmetic improvements, making it an ideal opportunity for buyers looking to add value and build equity. Pictures were enchanged using AI.

Location

State CA

County Los Angeles

Area Gh - Granada Hills

Zoning RS-1

Rooms

Main Level Bedrooms 3

Interior

Interior Features Loft, Primary Suite, Walk-In Closet(s)

Heating Central

Cooling Central Air, Electric

Fireplaces Type Family Room, Guest Accommodations

Fireplace Yes

Laundry Upper Level

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool In Ground, Permits, Private

Community Features Hiking, Mountainous, Urban

View Y/N Yes

View Neighborhood

Total Parking Spaces 2

Private Pool Yes

Building

Lot Description 0-1 Unit/Acre, Back Yard, Sprinklers On Side

Dwelling Type House

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2666021017

Acceptable Financing Cash, Cash to Existing Loan, Conventional, FHA, VA Loan

Green/Energy Cert Solar

Listing Terms Cash, Cash to Existing Loan, Conventional, FHA, VA Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Carlos Echegaray EH Worldwide Realty 805-229-9548, DRE #02006401

Nearby Locations

GET MORE INFORMATION

Carlos Echegaray
Carlos Echegaray

Broker | Lic# DRE 02006401

+1(805) 229-9548

15303 Ventura Blvd Suite 900, Oaks, Ca, 91403

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11138 Collett