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556 Harps Street, San Fernando, California 91340, San Fernando, 91340 - 5 bed, 3 bath

556 Harps Street, San Fernando, California 91340 home-pic-0
ACTIVE$950,000
556 Harps Street, San Fernando, California 91340
5Beds
3Baths
2,024Sqft
6,896Lot
Year Built
1941
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$469
HOA
-
Days on market
-
Sold On
-
MLS number
SR25157996
Home ConditionPoor
Features
Patio
ViewCity Lights,Neighborhood

About this home

Possibly Over-Priced:The estimated price is 16% below the list price. We found 3 Cons,5 Pros. Rank: price - $950.0K(94th), sqft - 2024(97th), beds - 5(94th), baths - 3(88th).

Opportunity in Prime San Fernando Valley – 3 Bed / 3 Bath with 2 Bonus Rooms & ADU Potential! Welcome to this spacious home located in one of the most sought-after areas of the San Fernando Valley. Public records show 3 bedrooms and 3 bathrooms, but the property includes 2 additional bonus rooms, currently being used as bedrooms—offering flexibility for larger families, a home office, or guest space. This property also features: Leased solar panels – credits can be transferred to the new owner. Detached garage with ADU potential – ideal for rental income or a guest house. Alley access – convenient and private. Ample space and layout perfect for customization While the home may need some cosmetic updates, it presents a fantastic opportunity to build equity and personalize your dream home in a well-established neighborhood. Don’t miss out on this rare find with tons of potential!

Price History

Date
Event
Price
07/15/25
Listing
$950,000
Condition Rating
Poor
Built in 1941, this property shows significant age and a lack of modern updates. The kitchen features very dated cabinets, laminate countertops, and older white appliances, requiring a complete overhaul. Bathrooms are similarly outdated with old vanities, fixtures, and tile work. The presence of wall-mounted AC units instead of central air indicates a major system deficiency. While the home is livable, it requires substantial rehabilitation and extensive system replacements to meet contemporary standards, going beyond mere cosmetic updates.
Pros & Cons

Pros

ADU Potential: The property features a detached garage with ADU potential, offering a significant opportunity for rental income or a dedicated guest house.
Flexible Living Space: Includes 2 additional bonus rooms currently used as bedrooms, providing versatile options for larger families, home offices, or guest accommodations beyond the official bedroom count.
Leased Solar Panels: The property comes with leased solar panels, with credits transferable to the new owner, potentially leading to energy cost savings.
Prime Location: Located in a sought-after area of the San Fernando Valley, enhancing desirability and potential for property value appreciation.
Alley Access: Convenient alley access provides additional privacy and utility, especially beneficial for potential ADU development or extra parking.

Cons

Cosmetic Updates Required: The home needs cosmetic updates, indicating an immediate investment will be necessary for personalization and modernization.
Leased Solar Panel Obligation: While beneficial, the leased nature of the solar panels means a contract transfer and ongoing financial obligation for the new owner, rather than outright ownership.
Potential for System Upgrades: Built in 1941, the age of the property suggests that major systems (e.g., plumbing, electrical, HVAC) may be older and could require significant future maintenance or upgrades beyond cosmetic improvements.

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