There is a really nice home in Granada Hills that is listed for $250,000. It appears to have newer finishings that are in good condition. The property is located at 10415 Blucher and is right near the 118 and the 405 freeways. The price is higher than the past lowest priced posts, but it seems to be in better condition. The inventory seems to be getting tighter at the entry level price.
The last lowest priced single-family residence (SFR) in Granada Hills was on Lahey and was listed for $219,000. It is now showing as pending, meaning that it is in escrow. We will have to wait and see how much it actually sells for.
The new lowest priced SFR in Granada Hills, is on Chatsworth St. near Haskell. The listing states that it legally has two bedrooms, but it has an additional bedroom that is not permitted and a guest house.
This may be a good property for an investor who is willing to upgrade things and get permits in order.
Northridge is a great community that has many large employers, especially Cal State Northridge (CSUN). The
Low priced home in Northridge
lowest priced single family home in Northridge, as of January 30th, 2012, is on Malden just west of Reseda. This 2 bedroom/1 bathroom home is available for only $250,000, but there is a garage conversion, according to the listing.
In some cases these types of garage conversions can be unpermitted and may make financing difficult. Some Building departments have issues with garage conversions and require work to be “un-done” to return the property back to its original state. In other cases they require plans and issue permits if everything is up to code. However, in most cases it is not that easy. Therefore it is critical for buyers to consider the potential costs and check with the building and safety department to get details on whether something is permitted or not. You can get details about properties in Los Angeles through the online activity reports provided by LA Building and Safety, but you should still go down to the LADBS office and confirm everything.
The lowest priced house in Granada Hills, as of Jan. 17, 2012, is listed by Keller Williams and is a 4 bedroom, 2 bathroom on Lahey. It’s a short sale with a pool that looks like it needs a bit of love. This could be a nice first home or a great investment property.
Great priced SFR in Granada Hills
The list price is $219,000, but we will have to watch it to see what the short sale gets approved at.
The lowest priced condo in the Santa Clarita Valley, as of Monday Jan. 16, 2012, is listed by Re/Max of Santa Clarita. 27240 Luther Dr. #509 in Canyon Country is a 1 bedroom, 1 bathroom of 652 square feet and it’s listed for only $69,000. This could be a great investment or first place for a young couple or single person.
An image of the kitchen on a really great priced listing.
