16038 Devonshire Street, Granada Hills, California 91344, Granada Hills, 91344 - 3 bed, 2 bath

16038 Devonshire Street, Granada Hills, California 91344 home-pic-0
ACTIVE$829,950
16038 Devonshire Street, Granada Hills, California 91344
3Beds
2Baths
1,445Sqft
7,689Lot
Year Built
1953
Close
-
List price
$830K
Original List price
$850K
Price/Sqft
$574
HOA
-
Days on market
-
Sold On
-
MLS number
SR25195136
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $830.0K(13th), sqft - 1445(19th), beds - 3(38th), baths - 2(50th).

Price reduction on this charming 3-bedroom, 2-bathroom home in the heart of Granada Hills! This property features a spacious living room with a lanai addition on a concrete slab, adding approximately 315 sq. ft. of extra living space. The backyard offers low-maintenance upkeep with a full concrete slab and convenient alley access to a 2-car detached garage—ideal for parking or future ADU potential, as many neighboring homes have already added. Roof, AC, and windows have been updated. Perfectly located near shopping, schools, parks, and with easy access to the 405 and 118 freeways, this home combines comfort, convenience, and opportunity. Buyer and buyer’s agent to do their own investigations.

Price History

Date
Event
Price
11/25/25
Price Change
$829,950-1.2%
10/19/25
Price Change
$839,950-1.2%
08/29/25
Listing
$849,950
Condition Rating
Good

The property, built in 1953, is move-in ready with several significant updates. The description explicitly states that the roof, AC, and windows have been updated, addressing major system concerns. The interior features hardwood floors throughout, recessed lighting, and plantation shutters, indicating good maintenance and some modernization. The kitchen boasts stainless steel appliances, including a professional-style range, and granite countertops, which are desirable updates. However, the kitchen cabinets appear older, suggesting a partial renovation rather than a full, recent overhaul. Similarly, the bathroom has a modern vanity and sink, but the wall tiles are dated. While not fully renovated to current 'excellent' standards, the property's key updates and overall well-maintained condition, combined with functional systems, place it firmly in the 'good' category, requiring no immediate major renovations.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7689, living area = 1445.
Key Updates: The roof, AC, and windows have been updated, significantly reducing immediate major maintenance concerns for a prospective buyer.
ADU Potential: The 2-car detached garage with convenient alley access presents strong potential for conversion into an Accessory Dwelling Unit (ADU), offering future income or expanded living options.
Added Living Space: A lanai addition on a concrete slab provides approximately 315 sq. ft. of extra versatile living space, enhancing the home's functionality.
Prime Location & Accessibility: The property boasts a desirable location near shopping, schools, parks, and offers easy access to the 405 and 118 freeways, ensuring convenience for residents.
Low-Maintenance Backyard: The backyard features a full concrete slab, offering low-maintenance upkeep which is appealing to buyers seeking minimal yard work.

Cons

Price Reductions: Multiple price reductions from the original list price suggest the property may have been initially overpriced or is struggling to attract buyers at its current valuation, potentially indicating market resistance.
Age of Property: Built in 1953, despite some mentioned updates, the underlying structure and other systems may still be original or require further modernization beyond what's listed, which could lead to future expenses.
Lack of Views: The property explicitly states 'view: None,' which can be a drawback for buyers who prioritize scenic outlooks and may impact its perceived value compared to homes with desirable views.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state