Property Detail

Description

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. 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.