11138 CollettGranada Hills, CA 91344

Single Family · 5 Beds · 5 Full Baths · 3,700 Sq. ft. | 0.18 Acres
$1,099,000 Active

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.

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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

    42
    Median Age
    3,324
    Population Density (per sq. mile)
    46%
    College Educated
    $103,329
    Estimated Median Income
    13,188
    Estimated Total Home Owners
    4,727
    Estimated Total Renters
    74% / 26%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    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

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    11138 Collett Market Data

    Based on the last 30 days in this zip code

    $1,166,305
    Average List Price
    $561
    Average Price per Square Foot
    25
    Properties Sold
    72
    Average Days on Market
    310
    Properties for Sale
    Calculations provided by Reliance Network

    11138 Collett History

    Date Event Value Agent
    6/11/2026Source: CRMLS Added to Database
    June 11, 2026
    Listing provided courtesy of EH Worldwide RealtyCarlos Echegaray- MLS# SR26128327MLS ProviderContact Information: [email protected] - 818-275-0018