About This Home
This 5-bedroom, 4-bathroom multi-family at 12308 El Oro Way in Granada Hills, CA is listed for $1,200,000 ($529 per sqft). Built in 1961, the home offers 2,267 sqft of living space on a 0.37 acres lot.
Key Features
- Built in 1961
- 0.37 acre lot
- 10 parking spaces
- Fireplace
Property Details
Amenities
Unlock the possibilities with this rare duplex-zoned property in the heart of Granada Hills, offering two separate addresses--12306 and 12308 El Oro--each with its own utility meters, private entrance, and generous backyard. Whether you're an investor seeking strong value-add potential, a developer looking to maximize the site, or an owner-occupant
interested in offsetting expenses with rental income, this unique property presents a wealth of opportunities. The front residence, 12306 El Oro, was built in 1961 and features 3 bedrooms, 1.5 bathrooms, a spacious backyard, and an attached two-car garage.
The rear residence, 12308 El Oro, was built in 1986 and offers 2 bedrooms plus a bonus room, 2 bathrooms, soaring ceilings, and a cozy fireplace, creating a bright and inviting living space. With duplex zoning, separate meters, and two distinct addresses already in place, the possibilities are exceptional.
Explore the potential to split the parcel (buyer to verify with the city), sell the homes individually, add ADUs to each residence, or create a multi-generational living arrangement with room to grow. Large private yards provide additional flexibility for future expansion while maintaining outdoor space.
Properties offering this combination of existing improvements, separate infrastructure, and redevelopment potential rarely become available. Conveniently located near shopping, dining, parks, schools, and freeway access, this is a standout investment opportunity in one of Granada Hills' most desirable neighborhoods.
Monthly Cost Estimate
$6,418/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
12308 El Oro Way
Granada Hills, CA 91344
Features & Amenities
Interior Features
Property Details
Flooring
Parking
Heating
Cooling
Questions & Answers
This 5-bedroom, 4-bathroom multi-family at 12308 El Oro Way is listed at $1,200,000 ($529/sqft). The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1961, 0.37 acre lot, 10 parking spaces, Fireplace. Interior Features: Drywall Walls, High Ceilings, Open Floorplan.
This property is listed by David Samuels and can be reached at (805) 777-7777.


