About This Home
This 5-bedroom, 5-bathroom single family at 11138 Collett Avenue in Granada Hills, CA is listed for $1,099,000 ($297 per sqft). Built in 1955, the home offers 3,700 sqft of living space on a 0.18 acres lot.
Key Features
- Built in 1955
- 0.18 acre lot
- 2 stories
- Private pool
- Fireplace
Property Details
Amenities
***11138 Collett Ave, Granada Hills, CA 91344 **OFFERS DEADLINE JUNE 30TH AT 7 PM. ***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. All Pictures were enhanced using AI.
Monthly Cost Estimate
$5,878/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
11138 Collett Avenue
Granada Hills, CA 91344
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 5-bathroom single family at 11138 Collett Avenue is listed at $1,099,000 ($297/sqft). The estimated monthly payment is $5,878 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1955, 0.18 acre lot, 2 stories, Private pool, Fireplace. Interior Features: Sauna.
This property is listed by Carlos Echegaray and can be reached at 8052299548.








