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… Read More 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. Read Less
Property listed by Keller Williams Westlake Village, David Samuels 805-777-7777
Listing Snapshot
Days Online
1
Last Updated
Property Type
SingleFamilyResidence
Beds
5
Full Baths
3
Half Bath
1
Square Ft.
2,267
Lot Size
0.37 Acres
Year Built
1961
MLS Number
226003410
Additional Details
Property Access
Frontage Type: PrivateRoad
Building
Built in 1961, Living area: 2267.0, 1 storey, Levels: One, Entry level: 1, Entry location: Main Level
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
