11138 Collett, Granada Hills, CA 91344
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
11138 Collett,Granada Hills, CA 91344
$1,099,000
- 5 Beds
- 5 Baths
- 3,700 sq. ft.
- Single family
- Active
Listed by: carlos echegaray
Office: eh worldwide realty818-275-0018
MLS#:SR26128327
Source:CRMLS
Price summary
- Price:$1,099,000
- Price per sq. ft.:$297.03
About this home
***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....
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Home facts
- Year built:1955
- Listing ID #:SR26128327
- Added:1 day(s) ago
- Updated:June 13, 2026 at 10:28 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:5
- Living area:3,700 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1955
- Building area:3,700 sq. ft.
- Lot area:0.18 Acres
- Lot Features:Back Yard
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,099,000
- Price per sq. ft.:$297.03
Features and amenities
- Amenities:Loft room, Walk In Closets
- Pool features:In Ground, Permits, Private
Parking
- Total parking spaces:2
- Garage:Yes
- Garage spaces:2
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