11138 Collett Overview
- Time on Site:
- 18 days
- Visits:
- 0
***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, 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 enhanced using AI.
11138 Collett Facts & Features
- Type Single Family
- Sq. ft. 3,700
- Price/Sq.ft. $297
- Lot 0.18 Acres
Details
General
Association/HOA
- Association: No
- Common Interest: None
School Information
- School District: Los Angeles Unified
Green Features
- Green Energy Generation: Solar
Listing Information
- Contingency: Sale is contingent upon Seller securing and closing on a replacement property of Seller's choice. Seller may require a rent-back period and/or flexible closing timeline. Buyer cooperation is appreciated.
Building Information
- New Construction: No
- Year Built: 1955
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: GH - Granada Hills
- Postal City: GRANADA HILLS
Community/Development
- Community Features: Hiking,Mountainous,Urban
Rent/Lease Information
- Land Lease: No
- Lease Considered: No
General Information
- Listing Terms: Cash,Cash to Existing Loan,Conventional,FHA,VA Loan
- Parcel Number: 2666021017
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Senior Community: No
- Special Listing Conditions: Standard
- Zoning: RS-1
Interior
Parking Information
- Garage Spaces: 2.0
- Garage: Yes
Beds/Baths
- Bathrooms Full: 5
- Bathrooms Total: 5
- Bedrooms Total: 5
General Information
- Common Walls: No Common Walls
- Entry Level: 1
- Entry Location: 1
- Fireplace Features: Family Room,Guest Accommodations
- Fireplace: Yes
- Interior Features: Loft,Primary Suite,Walk-In Closet(s)
- Laundry Features: Upper Level
- Levels: Two
- Living Area: 3700.0
- Living Area Source: Plans
- Living Area Units: Square Feet
- Main Level Bathrooms: 3
- Main Level Bedrooms: 3
- Stories: 2
- Stories Total: 2
Exterior
Parking Information
- Parking Total: 2.0
Lot Information
- Additional Parcels: No
- Lot Features: 0-1 Unit/Acre,Back Yard,Sprinklers On Side
- Lot Size Acres: 0.1751
- Lot Size Area: 7627.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 7627.0
- Lot Size Units: Square Feet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
Building Exterior/Construction
- Attached Garage: Yes
- Property Attached: No
- Structure Type: House
General Information
- Number Of Units Total: 1
- Pool Features: In Ground,Permits,Private
- Pool Private: Yes
- Sewer: Public Sewer
11138 Collett Neighborhood
Community
91344 (GRANADA HILLS) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.11138 Collett Monthly Cost
11138 Collett Market Data
Based on the last 30 days in this zip code
11138 Collett History
| Date | Value | Agent |
|---|---|---|
| 6/11/2026Source: CRMLS | June 11, 2026 |
Contact Information: [email protected] - 818-275-0018